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• The Reason Most People Buy Homes; Has It Been Forgotten?

  People buy things for its "utility", the pleasure or service received from a product or service, be it food, clothing, house cleaning, a car, a wide-screen TV, a computer, a hair cut, a manicure, and …a home. I can attest first hand to Read More... Posted Thursday, May 08, 2008 8:03 PM by John (John B.) Badalamenti | 0 Comments Filed under: Market Conditions, Buyer Information, Buying A Home, Interest Rates, Mortgages, Local Market Conditions, Homes for Sale In Pennsylvania

• Norristown's Logan Square Shopping Center May Be The Site of New Movie Studio

  Revised. Here Is The Web Site For The New Norristown Studios At Logan Square : http://www.norristownstudios.com/images.htm For those of you not familiar with the Logan Square Shopping Center , it is located at the intersection of Markley Street (Route Read More... Posted Thursday, August 23, 2007 7:14 AM by John (John B.) Badalamenti | 2 Comments Filed under: Real Estate, Market Conditions, Announcements, Events, Community Information, Pennsylvania, Norristown, Montgomery County

• Pennsylvania Less Likely To See Declining Home Prices In The Next Few Years, Report States

  The PMI Mortgage Insurance Co. just revised its 2007 U.S. Market Risk Index ( New Market, New Model , Mark F. Milner, Chief Risk Officer, PMI Mortgage Insurance Co., Summer, 2007) ranking the 50 largest metropolitan statistical areas by the likelihood Read More... Posted Sunday, June 24, 2007 8:07 AM by John (John B.) Badalamenti | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Pennsylvania

• Interest Rates Still At Record Lows; A History of Rates Since 1971

  What where mortgage interest rates (30 year conventional), oh, say 10 years ago this month? Don’t know? OK, here’s the answer: 7.94%. How about 15 years ago this month? Still don’t know? OK, here you go again: 8.67%. I was recently doing Read More... Posted Monday, May 07, 2007 3:37 PM by John (John B.) Badalamenti | 1 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, Buying A Home, Low Interest Rates, History of Mortgage Rates, Home for Sale In Pennsylvania