Real Estate Information Archive

Good Morning!

With mortgage loans remaining at historic low levels and the brisk housing market, I find many home buyers making huge mortgage loan mistakes.  Here is a recent article from "Realty Times", that just might help you if you are in the market for a mortgage loan.

For most buyers, the mortgage is the largest monthly expense they will have. Yet most borrowers will do little to no preparation, negotiation, or shopping to get the best deal. And they end up paying much more for their loans than they need to. You? You're smarter than that, or you wouldn't be reading this article. Here are five of the biggest mistakes that can cost you real money.

1. Believing advertised rates are what you'll pay

Unless you have perfect or near-perfect credit, most advertised rates are out of your league. To get boasting rights on a rate that good, you have to pay part of a point (one percent of the loan amount), or more to get the best rates.

Your lender will go over your credit with a fine-tooth comb to find anything to raise the rate. That includes qualifying you at the beginning of the transaction, and then running your credit again a day or two before you're supposed to close on the home and loan. If there's been any change in your debt-to-income ratio, goodbye low mortgage rate.

2. Not comparing lenders

Just like everyone knows two or three real estate agents or more, everyone knows a loan officer or a mortgage broker. A loan officer works for a bank or savings and loan and can only offer you loan packages that the bank has put together. A mortgage broker prequalifies you just like a loan officer, and shops your deal around to various lenders.

Whether you talk to a loan officer or a mortgage broker, you're going to have to share personal financial information in order to get a realistic rate. Reputable brokers will show you what certain banks and credit unions quoted and you can pick the loan you like best.

If you'd rather do your own shopping, consider talking to a local bank, a national bank, a credit union, and a savings and loan, but remember, unless you give them personal information and permission to run your credit, it's just talk.

3. Not paying attention to terms

Advertised rates even for those with perfect credit aren't what you will actually pay. The true cost of the loan is the APR or annual percentage rate, which includes fees from the lender.

Understanding loan terms is harder than shopping for a new mattress. There are so many ways lenders can inch up the fees. A loan origination fee is also called a processing fee. It pays the loan officer or mortgage broker, so this fee can vary widely. You may pay one lender more for an appraisal than another might charge you.

One lender may charge more for pulling your credit than another. It's all in your good faith estimate, which you don't get until you've applied for the loan.

All terms are negotiable, so don't be afraid to ask what a particular fee is for and can it be reduced or eliminated.

4. Waiting for a better rate

It's great to have bragging rights on a low rate, but you don't want to lose the home of your dreams over a quarter of a point in interest.

There's a big picture here you could be missing. No matter what your interest rate is, you're going to pay thousands of dollars in interest up front before you make any serious gain in equity. If you go all the way to the end of your loan's term, you'll pay so much interest that you could have bought the same home two or three times.

Instead of focusing on the percentage rate, work on how quickly you can build equity. Make one extra payment a year. Pay $25, $100, or $500 extra per month and you'll more than offset the rate you're paying.

Down the road, if rates drop through the floor, you can refinance, but even that's not an ideal solution. You'll pay loan origination fees, title search fees, appraisal fees and so on -- enough to equal the closing costs you paid the first time around.

And don't forget, you'll start the amortization schedule all over again -- with most of your payments going to interest instead of principal.

5. Choosing the wrong type of loan

Many families were hurt post-9/11 when lenders opened the spigots and gave a loan to almost anyone who could sign the paperwork. Suckers bought homes that were too expensive using balloon loans with low teaser rates.

The type of loan you choose should depend on current market conditions and how long you plan to stay in your home, not how much home you want to buy.

Current market conditions favor fixed rates, because rates are rising from all-time lows. Yes, they cost more than hybrid loans or adjustable rate loans, but the base amount is fixed and doesn't change. Only your taxes and hazard insurance will cost you more over the years.

If you get an adjustable rate mortgage, you are at the mercy of market conditions. While there's a cap on how high your interest rate can go, it's still a risk.

If you plan to stay in your home five years or more, get a fixed-rate mortgage. If you plan to sell your home sooner, you're taking a risk. It takes most borrowers five years just to earn back their original closing costs in equity.

Once you've narrowed your choice of lenders, ask them on the same day to give you a quote. If you wait even one day, rates may have changed, so you're no longer comparing apples to apples.

If you need a good lender, contact me.  I have a list of great local lenders that I can provide you with.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

184 75th St

Price: $295,000    Beds: 3    Baths: 2    Sq Ft: 1800

Delightful New Home w/ RV Parking! Located in Thurston with some mountain views. One level home offers laminate wood flrs, granite counters, vaulted/high ceilings. Spacious Great Rm layout w/ slider in dining area & gas fireplace in living rm. Stain...View Home for Sale >>

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Good Monday Morning!

It is Spring in the Eugene and Springfield area and this time of year typically brings higher interest by buyers looking to purchase a home. This year is certainly no exception as home sales in the Eugene and Springfield area continue to climb. In fact at this time I believe that there may be more buyers out there in certain price ranges than there are homes for sale. We are currently seeing multiple offers on many homes and this is especially true in price ranges under $300,000.  Our overall inventory of homes for sale is quite low and buyers are scurrying to make offers as soon as many homes hit the market.

For home buyers wishing to purchase a home right now, this can be a challenge and having a top buyers agent who firmly understands the market can make all the difference in the world with regards to being successful in finding a home. Also, a word of caution to home buyers is that there are bidding wars taking place, so be cautious not to over-pay for a home. Again a professional buyers agent can help you here.

For home sellers, if you are going to sell this year, don't hesitate another day in getting your home on the market. Your chances for a quick sale at top market value are better now than at any time I have seen in years. There are lots of home buyers out there looking and struggling to find a home to buy.

This is a true sellers market and one thing that has always been true is that strong markets like the current Eugene-Springfield real estate market one don't last forever. 

If you are thinking about selling and want an easy and accurate look at your homes aproximate market value, don't trust Zillow.  Go to www.forhomesellers-nonSmartZip.com.  At this site, you just enter in a few details about your home and it will generate an in depth market report on your home. You might be pleasantly surprised as to how much the value of your home has increased!

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

1058 E 19th Ave

Price: $472,000    Beds: 5    Baths: 3    Sq Ft: 3034

Tudor-style home in sought after University of Oregon neighborhood! Living room with wood-burning fireplace. Formal dining with built-ins adjacent to kitchen. Five bedrooms with huge master suite on main level. Plus a sunroom. Wheelchair access. Pri...
View Home For Sale >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Morning!

Last week, I wrote about the challenges with "flipper" properties. This week I am expanding on that with this informative article about "flipping" homes from Realty Times.

Turn on HGTV or any number of other channels almost anytime during the day or night and you're bound to find at least a couple of shows about flipping houses. Some provide a cautionary tale about overextending yourself financially or making other rookie flipping mistakes, but the vast majority end up with a profit of $30,000, $60,000, or $100,000+ in profit for a couple of months (or a couple of days, in the case of one new flipping show).

Enticing, right? If you're getting ready to plunk down cash to flip a house here in the Eugene real estate market, here are a few things you need to think about.

1. Make sure you've got the money

Sounds obvious, but…do you really know the financial stakes involved? According to Investopedia, "The first expense is the property acquisition cost. While low/no money down financing claims abound, finding these deals from a legitimate vendor is easier said than done. Also, if you're financing the acquisition, that means you're paying interest." Investopedia continues, "Every dollar spent on interest adds to the amount you will need to earn on the sale just to break even."

If you're planning to pay cash, you won't have to worry about interest, but you will have carrying costs including utilities, property taxes, and HOA fees where applicable.

Here are a few other options for buying property to flip, courtesy of Auction.com: "If you don't have enough cash to purchase a home, the next cheapest source is a home equity line of Credit (HELOC). These are low-interest, variable-rate lines of credit that are secured by either your primary residence or an investment property. Typically, the HELOC rate is set about 1–2% above the prime rate. You need to put the HELOC in place before you bid on any homes; then you can bid on the home as a ‘cash deal,' rather than as a ‘financing deal.' Many investors use hard money loans or other conventional mortgages to finance their flips. Because of the higher interest rates and points paid at closing, both will reduce your net profit considerably, and are not recommended for flips unless absolutely necessary." Well said.

2. Buy in the best location you can

"Expert house flippers can't stress this enough," said MoneyCrashers. "Find a home in a desirable neighborhood, or in a city where people want to live." And keep in mind the convenience factor—for the potential buyers, certainly, but also for you. "You will work on this house daily in the weeks and months to come. Do you really want to work all day, and then drive an hour to get home? Don't invest in a house too far away from where you live; you will spend more money on gas, and it will take longer to fix up the house."

3. Work with a realtor...or become one

Tying to maximize profit by selling a flip yourself rarely works out well if you don't know what you're doing. If you think trying to figure out if the wall you want to take down is load bearing is complicated, just try to figure out disclosures and conditions without going to real estate school. The money you spend on a Realtor commission can be well worth it for the ability to concentrate on other things and know the sale is in good hands.

Beyond getting the home sold, good real estate agents can be helpful in other important ways when it comes to flipping. "They can help you find great deals, get you comps, help you connect with lenders or contractors, and a lot more," said BiggerPockets. "Don't settle for an average agent though—find a great investor friendly agent."

4. Check the comps. And check them again...

In Oregon, of course, home sales are public record so coming up with a list of comparable properties (comps) sounds easy. The sold price of homes is readily available. But you need to be very certain that your comparables are really comparable to each other. There are lots of factors to consider, beyond even square footage, outside appearance, and number of bedrooms. Speaking of comps…you can't make a smart decision on buying, fixing up, and flipping a house if you aren't aware of the prices in the neighborhood. And that might be easier said than done. In states like Texas, Montana, and Idaho (and 5 other states), home sales are not reported and are not public record like they are in states like California. In short, do your research so you know what you're up against. 

5. Make smart updates

Knowing where to spend your money is key to a successful flip. You don't want to leave key areas untouched but you also don't want to over-improve for the neighborhood. "Home improvements that increase the value of a home might include upgrading kitchen appliances, repainting the home's exteriors, installing additional closet storage space, upgrading the deck, and adding green energy technologies," said MoneyCrashers. "On the other hand, avoid home improvements that won't increase the selling price, like installing a pool, installing a whirlpool bath, or adding a sunroom to the house."

This is another good reason to use a Realtor who is a local expert: they'll be knowledgeable about specific updates that are important in the Eugene-Springfield Oregon real estate market.

6. Use good products

Scrimping on construction costs may seem like a good idea if it means your financial commitment is lower, but low-end materials might not get the home sold or fetch the sales price you want.

7. Work with good people

Everyone you work with has the ability to make your flip a success or derail it. Partner with those you can trust, and don't forget to make sure they're qualified for their role. A bargain basement subcontractor that does a shoddy job on your floors can end up costing you thousands when you have to have it redone by a professional.

On the flip side, "The real money in house flipping comes from sweat equity, said Investopedia. "If you're handy with a hammer, enjoy laying carpet, can hang drywall, roof a house and install a kitchen sink, you've got the skills to flip a house. On the other hand, if you've got to pay a professional to do all of this work, the odds of making a profit on your investment will be dramatically reduced."

In the Eugene and Springfield housing market, finding "flipper" homes that will have a good potential of becoming a succesful project for you is tough. Using the right Real Estate professional to help you find a good "flipper" property is a must. If you are interested in flipping homes, contact me.  I have had 26 years of experience with finding clients investment properties that give them a good return.

Have An Awesome Week!

 

THIS WEEKS HOT HOME LISTING!

1058 E 19th Ave

Price: $472,000    Beds: 5    Baths: 3    Sq Ft: 3034

Tudor-style home in sought after University of Oregon neighborhood! Living room with wood-burning fireplace. Formal dining with built-ins adjacent to kitchen. Five bedrooms with huge master suite on main level. Plus a sunroom. Wheelchair access. Pri...
View Home for Sale >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Morning!

These days, many people are really excited about finding "fixer upper" and "flipper" type properties.  This has been keyed up by the many virtual reality TV shows that feature people purchasing homes in poor repair and re-conditioning them to make thousands of dollars. It all looks so easy on TV. 

The reality is that this can be a very trying experience for anyone in the Eugene and Springfield home market areas if you do not have a great deal of market experience. I am watching people consistently purchasing homes that they want to restore and flip. The majority of them are paying far too much for the home in consideration of what they need to spend on restoration.  The problem comes about when these people try to sell and the value of the home is less than what they have invested or the rents are in the red.  

There are "flipper" homes out there, but you have to be on top of things and you really need to know the market and also be able to accurately assess all costs involved in restoration. Unless you have been doing this for years, it is wise to get help.  Myself and my team are experts in helping investors buy and flip homes or purchase them for rentals. If you are interested in getting into this part of the market and be assured that you make money and not lose money, contact me. We can set a time to meet and get an idea of what you would like to accomplish.  From there, we can go to work for you!

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

28135 Spencer Creek Rd

Price: $1,250,000    Beds: 4    Baths: 4    ｽ Baths: 2    Sq Ft: 6143

Just minutes from town! This gated country estate is spectacular with an exquisite manor featuring grand staircase, 4 bedroom suites, office, theater room, gourmet kitchen and more. Great shop for RV and storage, creek, waterfall pool, ponds for fis...
View home for sale >>

AND HERE'S YOUR MONDAY MORNING COFFEE!

Good Monday Morning!

The Real Estate market in the Eugene/Springfield area remains strong as evidenced by the following report.  The interesting fact is that inventories of new homes hitting the market remain low and homes prices remain steady.  This could point to a flattening market for the remainder of the year. Here is the February 2016 report.

February Residential Highlights

February brought strong numbers to pending and closed sales in Lane County. Closings (284) rose 37.9% above the 206 closings posted last year in February 2015 and 9.2% above the 260 closings posted last month in January 2016. The last February that saw stronger closings in Lane County was in 2007, when 305 closings were posted for the month.

Pending sales (420) rose 14.1% over the 368 offers accepted in February 2015 and 27.3% over the 330 offers accepted in January 2015. This is the strongest February for pendings in Lane County since at least 2001! The February with the previous record was in 2006, with 408 offers accepted for the month.

New listings (416) decreased 10.9% from February 2015 (467) and fell short (-1.0%) of the 420 new listings offered in January 2016.

Average and Median Sale Prices

Comparing the average price of homes in the twelve months ending February 29th of this year ($244,200) with the average price of homes sold in the twelve months ending February 2015 ($235,700) shows an increase of 3.6%. The same comparison of the median shows an increase of 4.2% over that same period.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

2685 Valley Forge Dr

Price: $509,900    Beds: 3    Baths: 2    Half Baths: 1    Sq Ft: 2302

Anslow & DeGeneault 2015 Tour of Homes model home. Gas forced air 92% efficiency, exquisite single level, located in beautiful Hawthorne Estates. Easily entertain in Great Rm overlooking backyard. Escape to luxurious owner's ste w/ tray ceilin...View home for sale >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

Nationally, the Real Estate market has cooled off a bit.  Even though mortgage rates have continued to decline and and for the most part remain sub 4%, fewer homes were sold in February and home prices tapered off a bit.  Here in the Eugene and Springfield area, the housing market remains robust, but inventories in the price ranges below $300,000 are still in short supply.  As we approach Spring and Summer it will be interesting to see if both the national and local housing markets take off like they did last year. My prediction for the remainder of 2016 is a fairly flat market with little change.  Time will tell this story.

Have An Awesome Week!

Video Link Here

 

THIS MONTHS HOT HOME LISTING!

83821 N Enterprise Rd

Price: $399,000    Beds: 3    Baths: 2    Sq Ft: 2332

Beautiful country living! Gorgeous 18.62 acres primarily fenced pasture land. Mountain views, large metal barn, detached garage, roof certification in place. Home is somewhat of a cosmetic fixer. Located within 3 miles of stores and school....
View Home for Sale >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Morning!

 Many would-be homeowners are still choosing to rent instead of buying a home.  Home buyer confidence remains low nationally, even though mortgage interest rates are at historic low levels.  Here is an article from Realtor.com that gives some ideas as to why consumer confidence remains low among potential home buyers.

National optimism? What national optimism? Fewer Americans think it’s a good time right now to buy a home, according to a report released on Monday.

Stagnant wages and climbing housing prices led to a 1.7-point drop last month in consumer optimism toward owning a home, according to Fannie Mae’s monthly Home Purchase Sentiment Index. The index dipped from 83.2 points in December to 81.5 points in January. It ranges from -36.5 to 163.5 points.

“People need to see bigger wage increases to be able to afford a home and collect the down payment,” said Steve Deggendorf, director of strategic research at Fannie Mae.

Just 31% of the survey’s 1,000 participants said it was a good time to buy last month. And only 12% of respondents said their household income was significantly higher than it was a year ago—down 3% from December.

“Jobs are increasing, but wages really haven’t caught up,” said Jonathan Bowles, executive director of the Center for an Urban Future, a New York City–based think tank. He added that it’s become harder for aspiring homeowners to save up for a down payment than it was for previous generations. “It certainly puts homeownership out of reach for a lot of Americans.”

This could lead to a smaller share of Americans who own property, as fewer first-time home buyers have the resources to break into the market, warned Mark Willis, a senior policy fellow at the Furman Center for Real Estate and Urban Policy at New York University.

The bright side was that mortgage rates fell slightly for the fifth week in a row, according to Freddie Mac. The average rate for a 30-year fixed mortgage dipped from 3.79% to 3.72%, and the 15-year fixed mortgage dropped from 3.07% to 3.01%. Five-year Treasury-indexed hybrid adjustable-rate mortgages dropped from 2.9% to 2.85%.

Lower mortgage rates can make buying more affordable, said Jonathan Smoke, chief economist at realtor.com®. And more potential buyers may be motivated to buy, as rents are also steadily heading up.

“The alternative to buying a home [renting] isn’t more attractive—especially for the longer term,” Smoke said. “Rents already in most places [exceed] what it costs to buy a home with a mortgage.”

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

1014 Yew St

Price: $238,400    Beds: 3    Baths: 2    Sq Ft: 1466

Super Good Sense & quality built! Energy efficient forced air heating & cooling. Hardi plank siding, plaster finished walls, finished garage with sink, and RV parking. Great Room layout, vaulted ceilings, recessed lights, maple cabinets, tile floors...
View Home for Sale >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Morning!

A strong Real Estate market continues on here in the Eugene and Springfield area.  Home sales in January were strong and it appears that the market is going to continue strong going into the first quarter of 2016.  Here is the January 2016 home sales report for Eugene, Springfield and Lane County.

Lane County saw strong pending sales this January. These 330 accepted offers ended 19.6% ahead of the 276 offers accepted in December and 8.6% ahead of the 304 offers accepted last year in January 2015. The last January there were more accepted offers in Lane County was in 2007, when 354 were recorded.

New listings, at 420 in January, were nearly double the 211 offered last month in December 2015 (99.1%). Even so, these new listings fell 6.5% short of the 449 offered in January 2015. Closed sales, at 260 for the month, fared 20.4% better than in January 2015 (216) but were 34.0% under the 394 tallied last month in December 2015.

Total market time remained at 84 days in January, and inventory increased slightly to 3.3 months.

Average and Median Sale Prices

Comparing the average price of homes in the twelve months ending January 31st of this year ($244,200) with the average price of homes sold in the twelve months ending January 2015 ($235,900) shows an increase of 3.5%. The same comparison of the median shows an increase of 4.0% over that same period.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

1014 Yew St

Price: $238,400    Beds: 3    Baths: 2    Sq Ft: 1466

Super Good Sense & quality built! Energy efficient forced air heating & cooling. Hardi plank siding, plaster finished walls, finished garage with sink, and RV parking. Great Room layout, vaulted ceilings, recessed lights, maple cabinets, tile floors...
View home for sale >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

The Real Estate market in the Eugene and Springfield area has started off 2016 by being a strong sellers market.  There is significant demand for homes, but home inventories remain at extremely low levels.  Less than 3 months of active home inventory in our market area means that if no new homes were to go on the market, the existing inventory of homes for sale would be exhausted in less than 3 months.  For anyone wanting to sell their home, this is as good as it gets.  The competition level is very low and the demand is high.  As long as we continue to have extremely low mortgage interest rates, this market will most likley continue.

As I have stated in previous reports, if you are considering the sale of your home soon or in the near future, now is the time to act.  Don't wait for Spring, act now! If you would like to explore what your home is currently worth in todays market, contact me and I can furnish you with a FREE market analysis.  Or if you are are wanting a quick and easy look at your homes value, you can also visit the website www.forhomesellers.com.  This site wil give you a fairly accurate look at your homes current value and is much more accurate and reliable than a Zillow report.

Have An Awesome Week!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-February-2016

THIS WEEKS HOT HOME LISTING!

2685 Valley Forge Dr

Price: $509,900    Beds: 3    Baths: 2    Partial Baths: 1    Sq Ft: 2302

Anslow & DeGeneault 2015 Tour of Homes model home. Gas forced air 92% efficiency, exquisite single level, located in beautiful Hawthorne Estates. Easily entertain in Great Rm overlooking backyard. Escape to luxurious owner's ste w/ tray ceilin...
View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Good Monday Morning!

I am asked frequently these days about mortgage rates jumping due to the Feds recent increase in their rates.  The fact is that the Fed's increase had little effect on mortgage rates and in fact mortgage rates have continued to decline since the Fed increase.  If you want to purchase a home, now is the time.  Our current low mortgage rate situation is not here to stay, but you need to take advantage of it.  Here is an article from "Realtor.com" that explains our current situation with mortgage rates.  It is an interesting read.

The Federal Reserve recently raised interest rates, U.S. stocks are tumbling and new worries about the Chinese economy seem to emerge daily. So go ahead and buy that house you’ve been looking at.

Well, not necessarily. But consider: all the worries about China that have battered the U.S. stock market in early 2016 have done the opposite for bonds. More money pouring into Treasurys has driven mortgage rates to a two-month low. A 30-year mortgage slipped to 3.92% in mid-January.

The housing market had already been steadily gaining ground even before the latest drop in rates. Indeed, it’s been one of the strongest parts of the economy over the past year. Sales of new and previously owned homes are likely to finish 2015 at the highest level since before the Great Recession.

What’s more, the number of permits to build additional homes is on track to reach an eight-year high.

The final housing numbers for 2015 will start to trickle in this week.

Work on new construction, known as housing starts, is forecast to rise to a 1.19 million annual rate in December from 1.17 million in the prior month. Starts will top the 1 million mark for the second straight year.

Six years ago, builders were producing fewer than 600,000 new homes a year.

Sales of existing homes, meanwhile, are expected to hit a 5.15 million annual rate in December and finish the year about 25% higher compared to the post-recession low.

Most economists predict new construction and sales will increase again in 2016, aided by a much improved labor market. Barring, of course, China bringing the rest of the world to a crashing halt.

“The U.S. economy added more than 200,000 jobs per month on average in 2015, and wage growth is picking up,” noted Stuart Hoffman, chief economist of PNC Financial Services.

In the past three years, the U.S. has produced 8.2 million new jobs to give more people entering their prime earning years the ability to buy a home.

The big wild cards are mortgage rates and home prices, both of which could deter buyers.

The Fed raised a key short-term rate in December for the first time in nearly a decade, and the central bank is widely expected to push rates even higher in 2016. Yet so far that hasn’t translated into upward pressure on long-term Treasurys or home mortgages. Right now investors are more worried about whether a slowing Chinese economy will hurt the rest of the world.

The higher cost of buying a home could act as another repellent. Prices rose in 2015 to levels last seen shortly before the onset of the Great Recession in late 2007.

An expected increase in home construction could make it easier for buyers, though. Permits for new construction in November, for instance, were almost 20% higher compared to the same month in 2014. A greater supply of homes for sale would help hold the line on prices.

While home builders remain optimistic, the same can’t be said for American manufacturers. Sales and profits have softened over the past year because of a strong dollar, weak global economy and a slump among energy firms that are among the biggest buyers of manufactured goods.

A monthly Philadelphia Federal Reserve report on the state of manufacturing is likely to show an industry still under siege in January.

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

3759 Westleigh St

Price: $185,000    Beds: 4    Baths: 2    Sq Ft: 1645

Great townhouse! Townhouse with garage and yard. Four bedrooms and 2 bathrooms. Large kitchen, window shelves and seating. Fenced patio. Located one block from shops, school, park....
View this property >>

AND HERE'S YOUR MONDAY MORNING COFFEE!!