Chester County News and Community Website
PENNSYLVANIA — The Pennsylvania Department of Labor & Industry (L&I) has released its preliminary employment situation report for November 2022.
Pennsylvania’s Unemployment Rate Holds Steady at 4.0% in November Read More
Nearly one-quarter (24.1%) of U.S. homebuyers looked to move to a different metro area in the three months ending in October, according to a new report from Redfin. That is on …
Relocation Is the #1 Reason Why People Are Buying Homes Read More
Investor home purchases fell 30.2% year over year nationwide in the third quarter, according to a new report from Redfin.com, a technology-powered real estate brokerage. That is the largest decline since …
Report: Real Estate Investors Pull Back Nationwide Read More
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for October 2022:
HUD: 20.8% Increase in Housing Starts but Sales Down 5.8% from Last Year Read More
PENNSYLVANIA — Higher interest rates and limited inventory continue to factor in the cooling of the housing market in Pennsylvania, like many other areas of the country. September home sales …
Home Sales Down in Pennsylvania Read More
Seasonally-adjusted new listings of homes for sale fell 8% from July to August to their lowest level since May 2020, when the housing market was paralyzed by the onset of …
Home Prices Soften as Buyers Gain Negotiating Power in Tight Housing Inventory Read More
PENNSYLVANIA — The Pennsylvania Department of Labor & Industry (L&I) recently released its preliminary employment situation report for August 2022.
Pennsylvania’s Unemployment Rate Down to 4.2%, Lowest Since June 2000 Read More
SEATTLE, WA — The national median asking rent was up 14% year over year to $2,032 in July, according to a new report from Redfin (NASDAQ: RDFN). That’s the smallest annual …
Renters Rejoice: Landlords Adjusting to Tenant Budgets Read More
SEATTLE, WA — After two years of unprecedented growth, home values fell slightly from June to July, according to the latest market report from Zillow. The market is quickly rebalancing. With …
With Buyers’ Purchasing Power Diminished, Competition for Homes Is Dropping Off Read More
The housing market is slowing down, and it’s clear that American attitudes about buying a home are changing as well. A new Fannie Mae survey shows that both prospective home …
American Attitudes About Housing Hit 10-Year Low: Prospective Home Buyers and Sellers Back Off from U.S. Housing Market Read More