Local Housing Market is Heating Up

A lack of new home construction and an improving economy is heating up the local housing market in Montgomery and Bucks Counties.

Bart Skurbe, Executive V.P. of Mortgage Banking at Univest says potential buyers need pre-approval and are better off when dealing with a local lender.

“Our loan officers can drive to the local processing center here in Souderton and meet with their processors and underwriters and go over loans face-to-face with them and work out any potential problems very quickly. There’s no phone tag and it make for a simpler and quicker transaction.”

Skurbe, a guest on WNPV’s Comment Please By Univest Wednesday afternoon, says the suburban housing market is hot right now, but he adds, the Philly market is even hotter.”