RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Housing Market Progresses toward Stability

January 5, 2016 12:36 am

The housing market continues to move toward stability, most recently with the addition of two more states, Kansas and New York, to the outer range of stable housing activity, according to the Freddie Mac Multi-Indicator Market Index® (MiMi®). The most recent MiMi value indicates the overall national market is in the outer stable range, as well.

“The strong annual change of 6.31 percent is the best improvement we've seen in the MiMi on a year-over-year basis since July 2014,” explains Len Kiefer, Freddie Mac’s deputy chief economist. “While strong home purchase applications and rising home values in some markets are contributing to this improvement, it’s largely more of a reflection of mortgage delinquencies continuing to decline at a steady pace, especially in those hardest hit markets, and a better employment picture overall.”

According to the Index, 32 of the 50 states, plus the District of Columbia, have MiMi values in stable range; 53 of the top 100 metro areas have MiMi values in a stable range; and 43 of the 50 states and 89 of the 100 metros have shown an improving trend over the last three months.

Source: Freddie Mac

Published with permission from RISMedia.


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5 Deals to Score in January

January 4, 2016 12:36 am

Looking to save money in the New Year? Shop in January.

"January is great time to find savings on items that people will need to start the year off on a good note," says Brent Shelton, online shopping expert for FatWallet.com. "Many items from new bed and bath textiles to health and wellness products see heavy discounting to help people save money out of the gate."

The biggest savings to be had, according to FatWallet.com, are in the following categories:

Fitness: Resolutions for better fitness collide with the best time of year to save money on fitness equipment, workout gear and fitness wear and sports apparel. January shoppers can find savings of 25-50 percent off these items at stores like Sears, Walmart and Dick's Sporting Goods. It's also a good month to stock up on health supplements, vitamins and dietary foods, as sales on these items are abundant the entire month.

Tax Software: The majority of tax software retailers, including H&R Block and TurboTax, offer some of their best discounts of the year for early filers, including up to 50 percent off on desktop and online tax software deals for both personal and small business tax.

TVs: Following a long month of holiday TV bargains, the second half of January offers the best selection of top-end HDTV deals leading up to the Super Bowl. Shoppers can expect average savings to exceed $200 on 40-inch and larger 4k TVs and last year's 50- to 60-inch 1080p TV models.

White Sales: Unlike holiday deals on lower quality linens, traditional January White Sales bring big discounts up to 50 percent off quality sheets, towels, window treatments and other textile items for the home from big-box stores that offer additional savings with cash back.

Winter Apparel and Gear: Warm weather has slowed retail sales for cold weather apparel, so January shoppers will see an extra boost in discounting of winter coats, boots, hats, gloves and under garments. Winter sporting good deals will offer shoppers up to 60 percent off from top stores with top name-brands like Under Armour, North Face and Timberland throughout January.

Source: FatWallet

Published with permission from RISMedia.


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