What Today's Lower Rates Mean

The news has been full of the news of "historic" low interest rates.

However, consumers need to realize what it means to them in terms of buying power.

The example to the left shows the historic average versus lower rates and today's rate is even lower.

Another Hidden Tax on Homebuyers

Once again another hidden charge courtesy of the current congress. Looks like it will be mostly on people making less than $250,000.

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The Home Buyers Dilemna

The home buyers I'm seeing these days seem almost frozen with indecision.

Where is the market going? Where is the interest rate going?

Buying a home is a big innvestment. However, it's really like any other purchase.

Most home buyers don't absolutely NEED to buy. They have a roof over their head and a place to sleep.

So relax. If you want to buy a home. Because you want more space, or less space, or newer, or older. First decide what you can afford at today's historically low interest rates and then go buy at the lowest prices we've seen in several years.

The Working Class in Philadelphia

I guess it depends on where you are.

Just saw an article where the Carpenters Union in Philadelphia turned down the latest contract offer.

It would have raised the base from its current $58.60 per hour.

Remember folks that's the base rate. Sure the carpenters in Philly are hardworking but throw in a little seniority or overtime and that's better than $120,000 per year.

Want to know why the stimulus dollars aren't going as far as you thought they would.

Information on any listing by any broker on your phone

I can now offer the ability for the curious, whether active home buyers, neighbors or just curious, to get current information on ANY HOME for sale by ANY BROKER.

All this while your parked in front of the house. Before you drive away.

It only takes a phone call or an email to activate your account.

Allen J. Gordon
Prudential Homesale Services Group
717-856-0669
717-657-8700

Pennsylvania State Government Acting to raise housing costs

I guess the less than wonderful housing market escaped the notice of the Pennsylvania construction code review board.

This week, they decided to implement a requirement for fire sprinklers in ALL new homes.

No showing of any need. When was the last time anyone heard of a loss of life in a home with functioning smoke detectors? Structural loss? Smoke damage versus flood damage from frozen sprinkler heads up in the attic areas.

Let's just add $5,000 to the cost of the average new home in Pennsylvania.

Breakfast Ride Sunday 19 April 2009

All of you Central Pennsylvania Riders looking for a good breakfast ride, here it is.

From 6 to 11 on Sunday 19 April at the New Kingstown Fire Company. Just up the Carlisle Pike from Appalachian H-D and Velocity Cycles.

Good food and it supports a good cause.

Gives you Lawn devotees a place to ride on 3rd Sunday since Lawn doesn't start until May.