July 2015 Market Update
The second quarter of 2015 has come to a close. Historically, this is where we see the highest number of homes sell each year. The number of sales in the greater Philadelphia area continue to climb, while pricing has very clearly stabilized. Recently, Federal Reserve Chair Janet Yellin has publicly stated that an interest rate hike would be appropriate later in the year, absent a negative shock to the economy. What does all of this mean for today’s real estate consumer? Check out this 3 minute video to find out what it means for Buyers and Sellers looking to make a real estate decision in the next 6 months, and how to navigate the current real estate landscape.
Please remember that if you have any questions about your home, your real estate needs, or know someone who is considering a move, my team and I are here for you and ready to serve.
If you know someone who would be interested in this video, please share it with them. Talk to you soon!
-Tom Toole, III