10 Ways Happy Home Buyers Plan To Buy
June 30th, 2008 categories: Chester County, Home Buyers
Buyers Who Plan To Buy and The Realtors® Who Love Them!
I’ve been helping Main Line Chester County Home Buyers Plan to Buy since 1992. One thing I know for sure, my happiest Buyers have a Home Buyers Plan To Buy. A Home Buyers Plan to Buy ensures your home purchase will be a great home, a good investment, and will save you time, money and aggravation.
I’m a Realtor® and an Accredited Buyer Agent. My style is to work with Buyers as a Real Estate “Consultant”. What’s the difference? A Real Estate Consulting relationship is an ongoing relationship that focuses on YOU! I frequently get calls from Buyers who say something like, “We saw this house and we’d like to go see it today”. We can do that, but…
If there are 10 Steps To Buying A Property, that’s like starting with Step #9, or “putting the cart before the horse”as they say. Read the rest of this entry »
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4th of July 2008 Fun To Do|Main Line Chester County Pa
June 27th, 2008 categories: Chester County, Fun Things To Do, Lifestyle
July 4th 2008 Holiday – Family Fun Things To Do
The 4th of July falls on a Friday this year. What could be better than a long weekend with time for Family Fun Things To Do. Try berry picking or maybe pick some veggies at a local orchard, but be sure to call ahead to see which crops are coming in. Linvilla Orchards is having a Blueberry Pie Eating Contest July 5th. Everyone has a good time with miniature golf or a trip to the zoo. There are two good skating rinks in the area and if you’re up for a day trip, amusement parks are fun for everyone. Tell us your favorite local family fun place! Read the rest of this entry »
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3 Reasons Why Luxury Home Buyers Could Lead The Way
June 25th, 2008 categories: Chester County, Market Trends
Luxury Property Sales Snap Shot ~ January 2008 – June 2008
810 Luxury Home Properties For Sale, 175 Luxury Home Properties Sold in Chester County, Delaware County and Montgomery County within the last 6 months.
The Average Sold Price for Luxury Homes in Chester County, Delaware County and Montgomery County during this market period was $1,536,483., with the highest sold property price being $4,175,000. the Average Days on the Market for the Luxury Home niche was 94 DOM.* It’s a great time to be a Luxury Home Buyer! Read the rest of this entry »
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Main Line Pa Chester County Real Estate|Google For President
June 23rd, 2008 categories: A Realtors Life
Google For President?
Hip Hip Hooray! Main Line Pa Today|Chester County Real Estate and I are official Tomato Graduates of the prestigious Real Estate Tomato School of Blogging.
Thanks To The Real Estate Tomato Blogging Master and Guru, Jim Cronin together with a long list of Tomato Team Elves, all named “Molly”, each of who magically produces answers to my questions. Team members Chris Daley, Justin Smith, and Chris Hotz have guided me through the blogging maze with enthusiasm and declared me reasonably prepared to find my way through.
Google is where I often go for more information. Want to see what your name looks like in Google speak? Play with this fun imitation Google font or get the real deal, called “catull” font for too much money. Read the rest of this entry »
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Main Line PA Chester County|Photo Friday
June 20th, 2008 categories: A Realtors Life, Lifestyle, Photo Friday
Main Line PA Today Real Estate ~ Photo Friday
Gardening Around The Main Line and Chester County Pennsylvania.
Our Photo Friday selection is real estate related in spirit. I love Sunflowers. Every year I plant some seeds in the early Spring and then watch in amazement as the Sunflowers reach for the sky, from a small beginning to a glorious finish in the Fall. Reminds me of the adage, “mighty oaks from little acorns grow”. Sunflowers give us a glimpse of beauty, drama AND usefulness. Welcome to nature’s banquet table in the Fall when Sunflowers go to seed. The edible Sunflower variety is what you want. I like Park Seeds. They’ll send you a nice catalog in late Winter for Spring gardening dreams. Main Line Gardens on Paoli Pike in Malvern is one of my favorite Garden Centers on the Main Line and in Chester County. Also Waterloo Gardens in Devon and Exton offer good choices. Read the rest of this entry »
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Home Seller Tips ~ Avoiding “Fall Through” on Your Agreement of Sale
June 18th, 2008 categories: Home Sellers
The Pre-Listing Home Inspection – 3 Hot Tips Plus 7 Benefits
3 Hot Tips For Home Sellers:
- The Pre-Listing Home Inspection
- Sellers Disclosure Form
- Pre-Approved Financing Offers
- The Pre-Listing Home Inspection – Always use an ASHI Certified Home Inspector. The Pre-Listing Home Inspection is a little unconventional and you may be tempted to dismiss the idea by thinking that the Buyer SHOULD pay for the Home Inspection, because that’s the way it’s always been done.
Many Real Estate Agreements of Sale fall through due to Home Inspection surprises, financing problems and undisclosed property issues.
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Home Sellers Singing The Fall Through Blues?
June 16th, 2008 categories: Home Sellers
7 Steps to Recovery If Your Sale Falls Through
Fall Through Sales have increased in our current market. There’s no more painful
situation for Sellers than the “Fall Through” Sale. Our Trend MLS shows a greater number of Withdrawn Re-listed homes. Good news on the horizon is that Pending Sales are on the rise according to the National Association of Realtors®, who have predicted an improvement in the second half of 2008.
Imagine this scenario – Sellers need to sell. Maybe it’s a relocation with a job and new community on the other side. Maybe it’s a family who needs to downsize and move closer to the children. The Sellers were happy with their negotiated offer and happy not have to show the property any more. They’re ready to move on. Read the rest of this entry »
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Absorption Rate~Months Supply of Inventory Tools
June 13th, 2008 categories: Financial, Market Trends
How Do I Calculate The Absorption Rate and The Months Supply of Inventory?
The Absorption Rate has historically been used in New Construction planning and financing. Builders need to know how many homes can be absorbed into any given market before the first shovel goes in the ground. Lead time, financing and market shifts are unforgiving when you plan and build in a Sellers Market, but sell in a Buyers Market, such as we have now. However unscientific, a savvy Realtor can almost predict a market downturn or recovery by watching the incentive giveaways. How do we define a Buyers Market? It’s generally considered to be anything over about six months of inventory.
Absorption Rate and Months Supply of Inventory can help Sellers and Buyers understand the market. A Realtor who doesn’t use these indicators is like a violinist without a bow or a mechanic without a socket wrench ~ you might not hear the music or know how to fix it when the market shifts. These simple calculations can produce some elegant results: Read the rest of this entry »
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Homes For Sale Tredyffrin – Months Supply of Inventory
June 12th, 2008 categories: Chester County, Market Trends
Market Trends May 2008 ~ Months Supply of Inventory*
The Months Supply of Inventory (MSI), Tredyffrin Township, comparison from May 2006 to May 2008 shows a drop in the number of days on the market beginning in January 2008 and an overall MSI of 7.5 Months. This is a significant increase over May of 2007 at 3.0 months. However, May of 2007 was very low and as we now know, not sustainable. If you take a look at the Average Days On The market for sold properties in the period, you can see that while there are many choices for Buyers, homes that are well priced, in good condition and desirable locations are selling in a reasonable number of days.
Buyers Market? Sellers Market? ~
The Months Supply of Inventory is calculated by first determining the Absorption Rate. These two indicators are used to determine the answer to the Buyers Market-Sellers Market question. This is a picture of a Moderate Buyers Market where there are good opportunities for qualified Buyers and for Sellers.
*Data courtesy of Trend MLS and Terradatum is deemed accurate but not guaranteed. Read the rest of this entry »
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4th of July 2008 – Main Line Chester County Fireworks Display
June 11th, 2008 categories: Chester County, Delaware County, Fun Things To Do, Lifestyle
July 4th 2008 – Fireworks Philadelphia Main Line Chester County
The July 4th three day weekend provides some excellent choices to see fireworks on The Philadelphia Main Line and Chester County Western Suburbs. After the hamburgers, hot dogs, lemonade, deviled eggs and potato salad have been eaten, plan to take in a neighborhood fireworks display.
In The City of Philadelphia last year, three million visitors enjoyed the week long Annual July 4th “America’s Birthday” party sponsored by Sunoco. Read the rest of this entry »
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