Ray  Tran

Ray Tran

Real Estate Consultant

The Philly Homes

Mobile:
(215) 948-2810
Office:
215-520-2838
Email Me
Ray  Tran

Ray Tran

Real Estate Consultant

The Philly Homes

Mobile:
(215) 948-2810
Office:
215-520-2838
Email Me

news aggregator

New federal legislation aims to help buyers save for down payments

USA Real Estate News-Inman - Thu, 2020-08-27 15:50
Similar to a 529 Plan, the American Dream Down Payment Act would help homebuyers save 20 percent for a down payment in a state-managed savings account.

July Posts Positive Growth for Pending Home Sales

USA Real Estate News-RISMedia - Thu, 2020-08-27 15:07

July brought more positive news for the markets. According to the National Association of REALTORS® (NAR), pending home sales for the month marked three consecutive months of growth, with gains across all major regions in both month-over-month and year-over-year transactions.

NAR’s Pending Home Sales Index (PHSI) rose 5.9 percent to 122.1 in July, with YoY contract signings increasing 15.5 percent. According to NAR, an index rating of 100 is equal to the level of contract activity in 2001.

Mortgage Updates: Could New Fed Approach Keep Rates Low?

USA Real Estate News-RISMedia - Thu, 2020-08-27 15:04

On Thursday, Aug. 27, the Federal Reserve announced a major policy shift, stating it would be willing to allow inflation to run higher than typical if it supports the labor market and economy. According to the Fed, they will allow inflation to run “moderately” over their 2 percent goal “for some time” if inflation averages 2 percent over time.

Renting a Room in Your House: What to Know

USA Real Estate News-RISMedia - Thu, 2020-08-27 15:01

If you have a spare room in your home, renting it out can be a way to earn extra to pay the mortgage. There can be problems with this sort of arrangement, however, that could make you wish you hadn’t invited a renter into your home, so it’s important to be educated about the process as much as possible.

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(215) 948-2810

  

215-520-2838

  

Ray is a Philly native with over 8 years of experience in the real estate industry. He specializes in helping first time homebuyers, sellers and investors get what they want. With a passion for the growing city, Ray possesses an in-depth knowledge of the market and community, along with a high caliber professional network for everything ranging from lending needs to contractors.  Whether you are moving into the city for the first time, looking to relocate, or seeking some passive cash flow investments, Ray is ready to help you achieve your real estate needs! 
 


License #: RM423944

Education: University of Pennsylvania - The Wharton School

Area Covered: Philadelphia and surrounding counties South Jersey and surrounding counties

Languages Spoken: Cantonese, English, Vietnamese