Crowdcopia LLC - Lending Made Easy

22/12/2021

As per Long&Foster November 2021 Market Minute report for Philadelphia County, Median Sale Price increased slightly to $265,000 and Months of Supply retreated to 2.5 (still squarely in seller's market territory).

Find current Philadelphia County housing market data such as median sales prices, inventory levels, days-on-market and more with the Long & Foster Market Minute.

22/11/2021

Philly Median Sales price trending downward since July (although still up 7% YoY). MSI also trending upwards but still solidly in seller's market territory at 2.8 months of supply available.

Find current Philadelphia County housing market data such as median sales prices, inventory levels, days-on-market and more with the Long & Foster Market Minute.

14/11/2021

Interesting video piece on how fix 'n flip trends in the Philly suburbs. How are the different factors around lumber and other reno costs affecting your investment strategies?

https://www.nbcphiladelphia.com/news/business/renovations-costs-soar-real-estate-flips-philadelphia-flop/3038014/

NBC10’s Lucy Bustamante looks at how some home flips have flopped in Philadelphia amid rising renovation costs and lower demand during the COVID-19 pandemic. In Montgomery County, however, fixer uppers are quickly selling as people want more land and space.

24/09/2021

Months of Supply (MSI) still firmly in seller's market at 2.4 for Philadelphia. Inventory down 12% Y-o-Y and Median Sales price up 13% Y-o-Y.

Find current Philadelphia County housing market data such as median sales prices, inventory levels, days-on-market and more with the Long & Foster Market Minute.

30/08/2021

Interesting article on rental prices especially given the issues with rental assistance payments and the moratorium recently ending...

Increased demand is driving up rents. Workers and students are returning. Potential home buyers who can't find or afford a house in today's competitive market are remaining renters.

30/08/2021

In today's "Knowing Your Numbers", learn for to assess the ARV for a property investment here in the area

26/07/2021

Philly seems to tell a bit of a different story than nationwide. Interested to see next month's Philly data.

After a year of frenzied buying and price gains in the double digits, newly built homes are now out of reach for much of the demand that remains in the market.

20/07/2021

Long & Foster Market Minute - Philadelphia County - June 2021: Median Price up to $280,000 (up 12% YoY), Months of Supply down 1.8 (under 5 typically indicates a seller's market)

Find current Philadelphia County housing market data such as median sales prices, inventory levels, days-on-market and more with the Long & Foster Market Minute.

15/07/2021

Purchase Index (mortgage applications for purchase of single family homes) moves up over past week (most likely due to downtick in mortgage rates) but still down from highs in January 2021.

Get the MBA Purchase Index results in real time as they're announced and see the immediate global market impact.

07/07/2021

We're checking Home Depot pricing every day looking for the downtick...

After a record run-up during the pandemic, lumber prices in the futures market fell sharply in June, but have yet to fall for home builders, contractors