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Updated almost 2 years ago on . Most recent reply

User Stats

44
Posts
87
Votes
Stephen Rinaldi
  • Lender
  • Media PA
87
Votes |
44
Posts

Im interested in other people's market and how they have change

Stephen Rinaldi
  • Lender
  • Media PA
Posted

I own a mortgage broker shop, Rinaldi Group LLC. We are big in PA, but also do substantial business in DE, NJ and have started gaining traction in MD and FL. Its amazing to be the wide range of markets I see, for example in the suburbs of PA you will need to name your first born child after the seller to get an agreement of sale, also in most parts of DE, but in some part of Philly and NJ houses are sitting making the market more buyer friendly. Im just curious about where other people live and work to see if there has been a drastic change over the last 6-12 months or if rates being higher has changed anything in terms buyers leverage.

Please comment the area you are speak on and what type of market you seeing

Thanks you in advance!!

Most Popular Reply

User Stats

44
Posts
87
Votes
Stephen Rinaldi
  • Lender
  • Media PA
87
Votes |
44
Posts
Stephen Rinaldi
  • Lender
  • Media PA
Replied

I would, if I had to guess in 10 years the suburban PA area is going to be priced closer to comps in the suburbs of DC/Boston/NY than where we are now.  Alot of industry and greate schools are driving people to the area.. southern NJ too

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