The median price of an existing U.S. home jumped 14.8% year over year in May to a record-setting $407,600, even as higher mortgage interest rates continue to add complexity to the market for buyers, according to a report in The Wall Street Journal Tuesday (June...
WSFS Bank, the primary subsidiary of WSFS Financial Corporation, launched the WSFS Down Payment Grant Program on Monday (April 18), which will offer grants of up to $10,000 to support eligible homebuyers, totaling $3 million in the next three years. According to a press release,...
Some homeowner associations are wielding their power beyond lawn maintenance and paint color to prevent investors from buying up homes for the sole purpose of renting them out, The Wall Street Journal reported Monday (April 18). Rentals not only lead to a decline in the...
In the seesawing scene that is home building and buying in the pandemic era, the housing shortage drags on — as does a dearth of skilled workers who’ve left the industry since 2020. In mid-March, the National Association of Realtors (NAR) said the “housing inventory...
March 30, 2022
In the seesawing scene that is home building and buying in the pandemic era, the housing shortage drags on — as does a dearth of skilled workers who’ve left the industry since 2020. In mid-March, the National Association of Realtors (NAR) said the “housing inventory at the end of February totaled 870,000 units, up 2.4% […]
August 20, 2021
The complexity and uncertainty of real estate transactions has long been a source of major headaches for buyers and sellers, with closings routinely contingent upon multiple factors, including the sale...
March 17, 2021
Of all the journeys in one’s financial life that is paper bound, marked by reams of paper and teams of middlemen, buying a home stands out. Titles, legal agreements, bank...
January 20, 2021
Buying a house is so 1980s. And that’s a problem. Even though legal real estate transactions have been happening for centuries, the basic process itself is every bit as complex...
June 21, 2022
The median price of an existing U.S. home jumped 14.8% year over year in May to a record-setting $407,600, even as higher mortgage interest rates continue to add complexity to the market for buyers, according to a report in The Wall Street Journal Tuesday (June 21). Sales of existing homes dropped for the fourth consecutive […]
April 18, 2022
WSFS Bank, the primary subsidiary of WSFS Financial Corporation, launched the WSFS Down Payment Grant Program on Monday (April 18), which will offer grants of up to $10,000 to support...
April 18, 2022
Some homeowner associations are wielding their power beyond lawn maintenance and paint color to prevent investors from buying up homes for the sole purpose of renting them out, The Wall...
February 23, 2022
The Consumer Financial Protection Bureau (CFPB) has proposed new outlines to make sure that the computer models used to help find home valuations are accurate and fair. According to a...
