C21AGVoices

Photo by AgentAkit Courtesy of creativecommons.org

Hello and welcome to my first real estate blog for Century 21 Advantage Gold.

So many topics have gone through my mind since I was asked to write about “real estate.”  Oh the many mountains to be climbed in order to be successful in this very unique industry first came to mind. Anyone in this business will know exactly what I am writing about — without going any further — so I nixed that topic, maybe another day …  as thankfully, I don’t have to settle for just one topic today, I will be “blogging” here at least once a week.

Over the years I have met many different people as this industry is always challenging, no matter what the market dictates; always changing; always interesting as every transaction is its own; and (almost) always very rewarding in the end. It’s exciting to meet someone new, hear their dreams and to help turn them into reality.  That’s probably the best part of this career — or should I say “way of life” — the wonderful people who have come into my world!

I am excited about the opportunity for others to get to know me through this blog.  If you would like to read all the fun stuff (gory details) about me, what I do and why I’m a little different … you can always visit my website at:  www.KimSchreiner.com –

Something that I came across recently struck me as something that I would like to share as my first topic and that is the average mortgage interest rate of the 1960’s. 6%. Yes, same as it is today.

One of my clients graciously shared her original mortgage papers (from the 60’s) with me, and I found it amazing that the interest rate of then is what it is now. Gas prices (cough, cough, ahem, gag) are most certainly not the same as they were 40+ years ago, nor is milk, bread, eggs, etc… you get the picture … heck, the cost of going to the movie theater today for my family of 3 is about the same as what it will cost me to fill my Jeep, WAY TOO MUCH.

But yet the interest rate on a mortgage is once again as low as it was over 40 years ago. Why isn’t the media letting you know that? Question the media? How dare I? Ahhhh… the media, that shall be another blog on its own ….

Check out today’s interest rates, compare them to those of the past; with today’s declining home prices and the over abundant housing inventory – it’s truly one of the best buyer’s markets imaginable, in my opinion of course! 

If you have maintained a good credit history, this is the PERFECT time to make a move if you have been waiting! The housing market is cycling back to normalcy, what we have seen in the previous 5-7 years, was anything but “normal” — prices are lower and the rates today are of yesteryear — unlike anything else of modern times!

 Kimberly Schreiner can be reached at    215-671-4700    ext.1113