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Buying or Selling Real Estate? We Can Help!
  • Home Search
  • Become An Agent
    • How To Become A Real Estate Agent
    • Why Join Joe Herbert Realty
  • Meet The Team
  • Home Worth
  • More
    • About
    • Blog
    • Buy/Sell
    • Home Buyer’s Guide
    • Home Seller’s Guide
    • Standard Operating Procedure For Buyers
    • Testimonials
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Buying or Selling Real Estate? We Can Help!

Market Insight

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Erie, PAMarket Insight

If You Think the Housing Market Will Slow This Winter, Think Again.

by Joe Herbert Realty 12/13/2021
As we wrap up the fall season and move into the winter months, here’s a look at what several industry leaders have to say about the continued momentum in the current market, and what it means as we head into the early part of next year.
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ErieErie, PAMarket Insight

What’s Happening with Home Prices?

by Joe Herbert Realty 11/10/2021
The recent surge in prices is the result of heavy buyer demand and a shortage of homes available for sale. Most experts believe that as more housing inventory comes to market (both new construction and existing homes), the supply and demand for housing will come more into…
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Buy A HouseBuyersErieErie, PAMarket InsightSell My HouseSellers

Why a Wave of Foreclosures Is Not on the Way

by Joe Herbert 11/4/2021
Due to rapidly rising home prices over the last two years, of the 1.22 million homeowners currently in forbearance, 93% have at least 10% equity in their homes. This 10% equity is important because it enables homeowners to sell their homes and pay the related expenses…
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Buy A HouseErieErie, PAMarket InsightSell My House

Experts Project Mortgage Rates Will Continue To Rise in 2022

by Joe Herbert 11/3/2021
If rates rise even a half-point percentage over the next year, it will impact what you pay each month over the life of your loan – and that can really add up. So, the reality is, as prices and mortgage rates rise, it will cost more to purchase a home.As you can see from…
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Buy A HouseBuyersErieErie, PAMarket InsightSell My HouseSellers

Housing Challenge or Housing Opportunity? It Depends.

by Joe Herbert Realty 10/28/2021
This lack of homes for sale is creating a challenge for many buyers who are growing frustrated in their search. On the other hand, this is a huge opportunity for sellers as low supply is driving up home values. According to CoreLogic, the average home has appreciated by…
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Office

Joe Herbert Realty
4528 Zuck RdErie
PA 16506
814-217-1900
JoeHerbertRealty@gmail.com

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