The National Association of Realtors reported last week that US existing home sales dropped more than expected in April, falling 2.5% to a seasonally adjusted annual rate of 5.46MM units. Down 1.4% nationally since April 2017, the existing homes sales account for about 90% of sales and declined the most in the Northeast region by 4.4%.   Obviously, this trend varies market-to-market, but as a national trend, this is alarming to real estate professionals. So, what factors could be contributing to this st... read more

Most homeowners are familiar with hiring a real estate agent to buy an existing home, but they often go through the process of buying a new construction home from a builder without agent representation.  After all, the builder's selling agent will be able to walk them through the process and help them every step of the way, right?  Wrong.  What people tend to forget is that the builder's selling agent represents the builder's interests and is focused on making the sale happen.  The Pennsylvani... read more