From monthly archives: March 2021

We are pleased to present below all posts archived in 'March 2021'. If you still can't find what you are looking for, try using the search box.

“Constructive Insights” Spring Garden Lending’s Lancaster-newsletter March edition…Central Penn Business Journal reports “Lancaster home sales dip due to lack of inventory”

“Constructive Insights” Spring Garden Lending’s Washington, DC’s e-newsletter February edition… UrbanTurf paints an interesting picture of the February housing market in the DC region

A comprehensive report of the housing market compiled by Redfin...it's a hot market!

By: Bridgetower News Service The median home sale price increased 17% year over year to $330,250—an all-time high—according to a new report from Redfin (redfin.com). This is the largest increase on record in this data set, which goes back through 2016. Below are other key housing market takeaways for more than 400 U.S. metro areas during the 4-week period ending March 14. Asking prices of newly listed homes hit a new all-time high of $350,972, up 10% from the same time a year ago. Pending home sales were up 21% year over year, the smallest increase since August. New listings of homes for sale were down 17% from a year earlier. Active listings (the number of homes listed for sale at any point during the period) fell 42% from 2020 to a new all-time low. This is the largest decrease on record in this data, which goes back through 2016. 57% of homes that went under contract had an accepted offer within the first two weeks on the market, well above the 46% rate during the same ...

Read the rest of entry »

“Constructive Insights” Spring Garden Lending’s Philadelphia e-newsletter March edition… The Philadelphia Inquirer ran a story analyzing the housing market’s strength locally and nationally…

Tune into Baltimore’s 105.7 The Fan sports broadcaster Rob Long talk Spring Garden Lending’s new 30 year fixed rate permanent financing with SVP and Director of Commercial Lending, Pete Pecoraro

 


Our CEO, Jay Goldstein, and his resourceful wife, Debra, spearheaded a soup drive to help feed hungry neighbors. Read all about this super initiative…

Top