House Talk

Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth,“The biggest determinants of household wealth [are] owning a home and having a retirement account.”

This Main Line agent is on a mission today to explain something no one seems to understand about the residential real estate business: buyer agency. Unless your agent is operating as a buyer’s agent, you are not getting basic protections. This just means you need an agreement with that agent setting forth their responsibilities to you.

Sage Realty knows that one of the primary concerns when deciding to look for homes for sale in Wayne or other Main Line communities is cost. Following are some of the common questions we get about the costs of purchasing a Main Line home.

This Main Line Realtor® is amazed at how often we go into an open house or show up for an appointment where the listing agent asks my buyers why they are moving or when they need to move. That happened recently. As nicely as possible, I tried to tell them nothing!!

In a recent report, Freddie Mac compared the homeownership rates of two groups of seniors: the Good Times Cohort (born from 1931-1941) and the Previous Generations (born in the 1930s). The data shows an increase in the homeownership rate for the Good Times Cohort because seniors are now aging in place, living longer, and maintaining a high quality of life into their later years.

The topic of the day is the timing on the purchase. The sellers want a very delayed closing so they can finish the renovations on their new home. My buyers are concerned about the mortgage rates going up (as well they should be). They have done a good job of contacting 2 lenders to see what their loan options are but neither one will guarantee a rate for more than 60 days

Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the beginning of the school year.If you are one of those sellers, you may find these 4 tips helpful in getting your home sold more quickly.

One of the things you cannot often tell from looking at homes on the internet sites is how long it takes to get from that house to where you work. Does it matter? Depends.

At a recent Suburban West Realtors Association board meeting, Linda Walters was touted as the only member of the association to achieve the C2EX Designation. Commitment to Excellence (C2EX), a program that empowers REALTORS® to demonstrate their professionalism and commitment to conducting business at the highest standards.

A Good Day Times 3 for these Lucky Sage Buyers of a Main Line Mid-century home. What makes a good day in the life of this Main Line Realtor®? One where my clients are happy with some result I have obtained for them. Recently it was closing day for one of my clients. Actually, it was 3 clients. A mother, her son and her daughter-in-law.