Perry Wellington 4.5: Signs of a softer market

Perry Wellington

4.5% Commission!

Perry Wellington Realty is a full service real estate brokerage based in Hollidaysburg with offices around the region. They offer mortgages through Circuit Mortgage, real estate for buyers and seller, as well as, a real estate training school. Plus, they only take 4.5% commission! For more information visit Perry Wellington Realty. 

Office Phone Numbers: 
Hollidaysburg: (814) 695-5323 
State College: (814) 273-1446 
Johnstown: (814) 619-0256 
Huntingdon: (814) 251-9725 
Bedford: (814) 310-0099 
Scranton: (570) 309-6136 
Lewistown (717) 363-8631 

This week Perry Wellington 4.5 discuss signs of a softer housing market.

  • 12% of adults say they plan to buy a home next year, according to a survey done by the National Association of Home Builders
  • Supply of newly built homes fell 1 percent in the second quarter, the first annual drop in 6 years (according to Redfin*)
  • Prices for newly built homes have moderated, after 7 straight years of increases. Overall sales are up 1 percent annually.

*For more information and stats, you can see the Redfin information by clicking here.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss