• Home
  • Blog
  • The Main Line Real Estate Professionals at Sage Announce Predictions for the 2018 Housing Market

The Main Line Real Estate Professionals at Sage Announce Predictions for the 2018 Housing Market

Main Line Real Estate Professionals January 28, 2018- Philadelphia, PA – With the New Year will come new challenges to Main Line Realty, as well as real estate across the country.  Based on its long years of experience buying and selling across the Philadelphia Main Line area, Sage Realty offers several predictions for what the 2018 Main Line real estate market will look like.

  1. Millennials will push for walkability.

Millennials want the high-quality services of the suburbs, with the walkable convenience of urban lifestyles.  As Millennials are now joining the ranks of homeowners, the successful young buyers are going to be driving a push for “urban suburbs” that seek to combine the best of both worlds.

  1. The loss of SALT deductions could impact the Philadelphia Main Line real estate market.

The recent tax bill has reduced State and Local Tax (SALT) deductions for homeowners, which could make purchasing a home harder for some buyers in states like Pennsylvania with relatively high property taxes.  However, the deduction limit of S10,000 offers some benefit to prospective homeowners and we predict that most who are seeking homes will decide to move forward with their purchases.

  1. Gains will be slow but steady.

The biggest issue with today’s market is lack of inventory. Fewer homes means fewer purchases, regardless of tax incentives or demand. Inman, a real estate news provider, predicts modest increases in the available inventory, though we see the coming months continuing to be a strong sellers market. Buyers should continue to be prepared to move quickly on home offerings that meet their needs.

About Sage Main Line Realty

Sage Realty was founded by long-time professional Realtor® Linda Walters, who had a vision for a different kind of Main Line real estate agency.  Sage Realty always focuses exclusively on the needs of its clients, giving the company an edge in offering Main Line realty services that truly put the customer first.

For more information or press inquiries, contact 610-687-4000 or visit https://www.findahomeinpa.com/

 

 

Tags:

Featured Testimonial

I moved to PA from Washington State and learned that realty is local. There were things that I thought I knew about buying a house previously but boy was I wrong. Linda was very patient with me but also did not hold back when she saw potential problems, and always made sure I had all the information I needed before making a decision and didn’t belittle concerns to just get a sale. Above all else, and this was the most important thing to me, Linda has a high ethical standard, is very transparent in her approach and is someone I trusted making one of the biggest decisions of my life. – A. Lindsay (Courtesy of Google)

 

Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.