Tredyffrin Township~4th Annual Historic House Tour September 2008
July 30th, 2008 categories: Chester County, Fun Things To Do, Lifestyle
Tredyffrin Township 4th Annual Historic House Tour~September 20, 2008
Tour 4 Centuries of Historic Tredyffrin Township Homes
Come celebrate the history of Tredyffrin Township, Chester County Pa with a Tour of 4 centuries of Historic Homes, Saturday September 20, 2008 (1-5pm Rain or Shine). This popular event is sponsored by the Tredyffrin Historic Preservation Trust. Eight Current home owners have generously agreed to open their beautiful historic homes and gardens for you to share in the story of Tredyffrin’s Colonial past with proceeds to support the Annual Trust Fund Raiser. Download your Ticket Order Form for the Annual Historic House Tour
Every house has a story to tell. Knowledgeable guides will be at each Historic Home location to Read the rest of this entry »
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|Chester County~Montgomery County-Forbes Top 10 Best Places
July 21st, 2008 categories: Chester County, Lifestyle, Montgomery County
Forbes 2008 Top 10 Best Places To Raise A Family-Montgomery County and Chester County Pa
Forbes Magazine has named Montgomery County and Chester County in the Top 10 Best Places To Raise A Family! Those of us who love and live in Chester County can enjoy the affirmation that the Philadelphia Main Line Area is one of the best places to raise a family. Thanks Forbes! Of course I always knew it!
Numerous criteria is used to evaluate Communities such as, employment, education, SAT scores in excess of 1,050, air quality, commute time, median home price, low crime and quality of family life as also reported by Realtor Magazine. Read the rest of this entry »
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|Labor Day 2008 Fun Things To Do~Main Line Chester County
July 18th, 2008 categories: Chester County, Delaware County, Fun Things To Do, Lifestyle
Labor Day Weekend 2008 Fun Things To Do ~ Main Line Pa Chester County, Delaware County Pa Area
Labor Day is Monday, September 1, 2008. Time to begin planning your best weekend of the Summer!
How to plan a Labor Day Picnic offers some easy suggestions for a relaxing day. These eco-friendly ways to Color Your Picnic Green will renew your environmental awareness to remove all evidence of your carbon footprint after the picnic.
Check out Origins of Labor Day, and the History of Labor Day and Labor Facts, from the gov. You can impress your friends and family with your knowledge of the history of Labor Day over the watermelon.
Planning To Be In Town For A Main Line Pa Chester County “Stayvacation”? High gas prices and high food prices have coined a pop term, “Stayvacation”. Try some of these local activities over the Labor Day Weekend if you plan to be in town for a stayvacation! Read the rest of this entry »
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|Home Buyers Ask How Much Should I Offer?
July 16th, 2008 categories: Chester County, Home Buyers
Main Line Pa Chester County Home Buyers Ask How Much Should I Offer?
Real Estate Buyers and Real Estate Sellers need a strong compass to guide them through today’s real estate market to smooth sailing and a successful settlement day. Two questions a buyer should ask? Is the property priced right or priced too high? How did the Sellers price their home?
Sellers may have listened to a real estate agent who over-valued the property in order to gain the listing. Commonly called “Buying the Listing”. It’s understandable that Sellers want the best price but it’s a common misunderstanding that a Realtor determines the price. The marketplace will always determine the price!
Buyers, Sellers and professional Realtor’s® will factor all 4 Major Points on the Pricing Compass: Location, Condition, Pricing and Marketing. The location is a factor that Read the rest of this entry »
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|Tredyffrin Township~Town Home Condo 2nd Quarter Market Report
July 10th, 2008 categories: Chester County, Market Trends
Tredyffrin Township Pa Town Home-Condominium ~ 2nd Quarter Market Report*
It’s interesting to take a closer look at the Chester County, Tredyffrin TownshipTown Home and Condominium real estate market. Some of the Town Home Communities in Tredyffrin Township are Chesterbrook, Arbordeau, Old Forge Crossing, Daylesford Lake, Paoli Point, Woodgate and Paoli Woods. Each Community has unique features and price points but they all share a great school system, convenient location and easy commuting. The Town Home and Condominium market is primarily a First Time Buyer and a Downsizing niche market.
The Average Sold Price for Town Homes and Condos in Tredyffrin peaked in August of 2007 at $325,778, creating a 9% drop in the average sold price between August of 2007 and June of June 2008 at $296,331.
The Median Sold Price peaked in August of 2007 at $346,000 and June of 2008 at $264,000, representing a 23.7% decline.
The following chart illustrates the Absorption Rate for Town Homes and Condos in Tredyffrin as of the 2nd Quarter of 2008 providing a very graphic picture of the effect of the residual inventory in considering the Absorption Rate. The residual inventory plays such Read the rest of this entry »
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|East Goshen Township Real Estate-Market Report
July 9th, 2008 categories: Chester County, Market Trends
East GoshenTownship, Chester County-Market Report 2nd Quarter 2008*
The peak Median Sold Price for East Goshen Township occurred October 2007 at $422,750. The comparison between October 2007 peak and June of 2008 shows a Median Sold price that’s down (24.07%). The real estate market in East Goshen Township still indicates a buyer’s market with 7.5 Months of Inventory, but not a really strong Buyers Market. The significant drop in the days on market from 85 DOM to 41 DOM, a 52% drop, puts East Goshen in a good position. There are fewer top heavy new construction projects to weigh down the market here in East Goshen Township. The 17 homes that went under contract in June of 2008 and the 20 that settled represents a (23%) drop in units from June of 2007. This is still a story of property that’s well priced and in good condition to get sold doing better than the overall market. Read the rest of this entry »
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|Radnor Township Real Estate Market-2nd Quarter 2008
July 7th, 2008 categories: Delaware County, Market Trends
Radnor Township, Delaware County Real Estate – 2nd Quarter 2008 Market Report*
Real Estate Median Sold Price indicators for Radnor Township shows a drop in the Real Estate Median Sold Price between June of 2006 and June of 2008 of (3.28%). The peak Median Sold Price for Radnor Township occurred May 2007 at $865,000. The comparison between May 2007 peak and June of 2008 shows a Median Sold price decline of (29.48%). Higher Months Supply of Inventory and Average Days on Market, may, in part be attributed to more high end new construction inventory in Radnor Township. The following chart illustrates the Months Supply of Inventory and Read the rest of this entry »
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|Tredyffrin-Easttown Real Estate – 2nd Quarter Market Snapshot
July 3rd, 2008 categories: Chester County, Market Trends
Tredyffrin-Easttown Township Real Estate – Median Sold Price, Average Days On Market, 2nd Quarter 2008 Market Report*
Tredyffrin-Easttown Township Pennsylvania 2nd Quarter Two Year Comparison Market Report shows a market that is moving forward in a healthy direction. There are many geographic areas that would gladly trade places with Tredyffrin-Easttown’s 2nd Quarter Market Snapshot.
Excellent showing condition, careful pricing and superb marketing should bring some good news for Tredyffrin Easttown Buyers and Sellers. This past June, 31 Read the rest of this entry »
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|Do You Know The 2 Words To Get Your House SOLD?
July 1st, 2008 categories: Chester County, Home Sellers
Main Line Chester County Home Sellers Tip – 2 Words To Get SOLD? ~ “Bye, Bye!”
In my Consulting Role with Main Line Chester County Home Sellers, I suggest that my Sellers take the dog for a walk or have a cup of coffee with the neighbors and not be home for their property showings. Despite that fact that some Sellers and Buyers bond right away, the risks to the sale are much greater than the rewards when the Sellers are present during property showings.
Why do Sellers remain home during property showings? Could be the Listing Agent hasn’t explained the risks. Also, Sellers are naturally curious, especially if it’s a second showing. With increasing number of days on market, some Sellers may be tempted to “help” the Buyer’s Agent get their home sold.
But, in my consulting role as a Buyers Agent I have listened as Sellers gave my Buyers an exact reason NOT to buy their home, and because Read the rest of this entry »
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