Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Market Trends & Data
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

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

319
Posts
101
Votes
Dmitri L.
  • Investor
  • DFW, TX
101
Votes |
319
Posts
Dmitri L.
  • Investor
  • DFW, TX
Replied
Quote from @Alan Asriants:

Completely agree with you about the Philly/PA market. COVID created a donut effect. Downtown prices have barely shifted and maybe even dipped during 2020-2023 while the suburbs, NE philly, roxborough have skyrocketed and are still climbing.


Do you happen to have any insight into the north east PA market? Allentown and surroundings? Seems the population has been growing consistently over the last decade, and I like what I've seen so far from a few brief visits.

Interesting point about the donut effect, thanks!

Loading replies...