Chester County Pa Tredyffrin Market Report March 2009
April 17th, 2009 categories: Chester County, Financial, Home Buyers, Home Sellers, Market Trends
Tredyffrin Chester County Pa Real Estate First Quarter 2009 Real Estate Market Report
Our First Quarter Real Estate Market Report for Tredyffrin Township shows that the Median For Sale Prices dropped 2% from $479,900 in March of 2007 to $469,900 in March of 2009
The Median Under Contract Price dropped 8% from $458,000 in March of 2007 to $420,000 in March of 2009.
The Median Sold Price for Tredyffrin Township for this time period dropped 18.8% from $400,000 in March of 2007 to $325,000 at the end of the First Quarter March 2009. Read the rest of this entry »
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|Chester County Main Line Home Buyers, Sellers Disconnect Financing The Fantasy
April 7th, 2009 categories: Chester County, Financial, First Time Home Buyers, Home Buyers
Home Ownership Dreams Fail To Pricing Fantasy
I spend my days and sometimes nights helping home buyers and home sellers with the purchase and sale of real estate. Even though we try to make it as easy and fun as possible, it’s work for everyone, the Buyers, their Buyer Agents, Sellers and the Listing Agent. I often remind my Seller clients that every offer to purchase is a compliment paid to the home Seller by the Buyers. Of all the homes on the market, the buyer chose yours!
Are Sellers Unrealistic Prices Making It Harder For Buyers to Buy?
Yes, in my experience and the experience of my Buyers, unrealistic prices are making it harder for buyers to buy.
Today’s Better Educated Home Buyers
The Consumers Guide To The Agreement of Sale that I provide free as a service to all of my Buyer Agent Clients, is a 35 page guide that gives a thorough review of each of the Agreement of Sale Clauses and choices about Home Inspection, Financing, inclusions, exclusions and the Sellers Disclosure Form that’s part of structuring an offer to purchase, or there should be. Read the rest of this entry »
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|Tredyffrin Preservation Trust Celebrates Spring
March 26th, 2009 categories: A Realtors Life, Chester County, Fun Things To Do, Lifestyle
“Come Celebrate Spring!”
The Tredyffrin Township Historic Preservation Trust
Tredyffrin Township Historic Preservation Trust invites you to come “Celebrate Spring”. Enjoy a glass of wine, nibble a few hors d’oeurves while viewing fine Antiques at the elegant, award winning Stonehouse Antiques & Design, 625 W Lancaster Avenue, Wayne, Pa 19087 next to the new Paddock Restaurant in Strafford. Read the rest of this entry »
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|Absorbing Chester County Homes For Sale
March 25th, 2009 categories: Chester County, Financial, Market Trends
Real Estate Absorption Tredyffrin Township, Easttown, Willistown, Uwchlan and Upper Uwchlan Townships*
The Real Estate Market Absorption Rate, Months Supply of Inventory and Days On Market are key indicators that provides historical data about where we’ve been but more importantly also tells us something about future house values, for the short term anyway. For some Chester County Main Line Pa news that you can use, try Calculating the Absorption Rate. Or contact me and I’ll prepare a Comparative Market Analysis for your homes value price range, neighborhood and community.
The Table below shows a comparison between February 2008/2009 of 5 of our Read the rest of this entry »
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|Wayne Tredyffrin Homes Sunday Open 3/22/09
March 22nd, 2009 categories: Chester County, Featured Listings, Home Buyers, Home Sellers, Open House
766 Hedges Lane, Wayne, Pa 19087 Tredyffrin Township Sunday Open House 2-4pm
Are you a home buyer looking for Wayne Tredyffrin Easttown homes for sale? Come visit 766 Hedges Lane, Wayne Pa today Sunday 3/22/09 Open House from 2-4pm. Wonderful Cape Style Home features 5 bedrooms and 3.5 baths. Need an In-Law or AuPair Suite? Rare first floor Master Bedroom Suite plus two bedrooms and baths on the first floor PLUS 2 very spacious bedrooms and bath on the second floor, formal living room and dining room, country eat-in kitchen, and family room. A must see Wayne, 19087 Tredyffrin home for sale in a private, end of cul-de-sac location within minutes to the Strafford Wayne Train Read the rest of this entry »
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|Chester County Real Estate~Comparable Sold Property
March 20th, 2009 categories: Chester County, Delaware County, Financial, Home Buyers, Home Sellers, Montgomery County
Chester County Real Estate Comparable “Sold” Properties
Comparable sold properties are the “bread and butter” of successful buying and selling homes in Chester County and the Main Line Pa area, or anywhere else. Get it wrong and your real estate bread is likely to wind up butter side down!
Why do Realtors® talk about Comps, Comparables, House Values, Comparative Market Analysis, CMA’s? What the heck is a Comparable anyway?
10 Comparable “Price The House Right” Success Tips:
- *same style home (2 story Colonial, Split Level, Cape Style, Ranch Style, Contemporary Style, French Style, Bi-level Style, town home, condos)
- *same number of bedrooms and baths
- *same interior square footage
- *same size lot and similar location
- *same condition of amenities
- *same neighborhood, township
- *garage or not
- *central air or not
- *same school system
- *same age
Comparable means, similar or substantially the same. Since no house or real Read the rest of this entry »
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|First Day Of Spring Free At Ritas Water Ice
March 19th, 2009 categories: A Realtors Life, Chesterbrook, Fun Things To Do, Home Buyers
Rita’s Water Ice – A Realtor’s And A Home Buyer’s Oasis
Home buyers in Chester County from Rita’s Water Ice in Chesterbrook, Tredyffrin to Paoli to Frazer or Exton, Downingtown or West Chester sometimes need to take a break from our house hunting work, so I often keep an eye out for Ritas Water Ice.
FREE Rita’s Water Ice on the First Day of Spring, Friday March 20th 2009:
An annual tradition that you won’t want to miss. From 12 Noon to 10pm Rita’s Water Ice will offer FREE Water Ice to help us celebrate the First Day of Spring. Find a participating Rita’s Water Ice near you just by entering your zip code. Rita’s has 500 locations in 17 states. Some locations offer catering for parties (join the Birthday Club) and corporate events.
Rita’s Water Ice is a favorite treat of the little people in my family as well as my clients. Read the rest of this entry »
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|Downingtown Homes Market Report 19335 Feb 2009
March 17th, 2009 categories: Chester County, Home Buyers, Home Sellers, Market Trends
Downingtown Homes Real Estate Market Report For 19335
How long has this home been on the market? That’s a question every Chester County Main Line Pa home buyer likes to ask.
Days On The Market for Downingtown homes and real estate:
Good news for Downingtown home sellers is that DOM has actually dropped -10% from 78 Days On Market to 70 Days On Market for Downingtown 19335 homes under contract.
A nice St Patricks Day good luck sign for the Downingtown Spring real estate market.
The Downingtown Real Estate Months Supply of Inventory, MSI (represented by the broken line in our graph) is up +67% from 6.2 MSI in February of 2008 to 10.4 MSI in February of 2009. However the direction is down from a peak in November/December 2008 as you can see in this graph of the Average Days On The Market for Downingtown homes Under Contract.
Comparing Downingtown homes for sale, Downingtown Pa homes under contract, Downingtown Pa homes sold information to February of 2008 shows a healthy real estate market – Downingtown Homes Median Under Contract Prices up +8%.
The actual Downingtown Homes Sold Price comparison between February of 2009 to February of 2008 remained level but the increase in the Under Contract Price indicates a good upward swing for the Downingtown homes real estate market.
Downingtown Homes For Sale Contact or call Judy Peterson, 610.889.5509 Prudential Fox and Roach Realtors for you own custom list of Downingtown Homes For Sale or request a Market Analysis for your Downingtown Home to determine a competitive selling price for your Downingtown home. Read the rest of this entry »
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|Malvern Real Estate Report 19355~February 2009
March 12th, 2009 categories: Chester County, Market Trends
Malvern Chester County Pa Real Estate Market Report For February 2009
Supply and Demand
Our Malvern Pa Real Estate Market Report is a snapshot of real estate activity in Malvern Chester County Pennsylvania for zip code 19355 comparing February 2008 to February 2009. We see a real estate market that is moving to an upswing. The Graph depicts Median Malvern Homes Sold Prices (green), Malvern Homes Under Contract Prices (blue) and Malvern Homes For Sale Prices (red).
As for most of our markets, the story is in the Number of transactions. The Number of Malvern Homes For Sale is down 19% from 223 homes for sale in February of 2008 to 181 homes for sale in Malvern in February of 2009.
The Number of Malvern Homes Under Contract is down 57% from 28 homes for sale in Malvern in February 2008 to 12 homes for sale in February of 2009. Also, weather wise this was not a good February for buying activity as it was impacted by a few snow storms.
The Number of homes sold in February of 2008 was 13 and the number of homes sold in February of 2009 was down 8% to 12 homes sold. Read the rest of this entry »
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|Things To Do A Chester County Walk In The Park
March 9th, 2009 categories: A Realtors Life, Chester County, Chesterbrook, Fun Things To Do, Lifestyle
Chester County Pennsylvania~A Walk In The Park
Spring and the official Vernal Equinox , arrives March 20th 2009, and not a minute too soon, in my opinion, and yours too I imagine. These charming Johnny Jump Ups can be found along a path as one of our earliest signs of Spring together with Crocuses and Forsythia. Even in December if it’s warm, but not this year. If planted in a protected area, they’ll often reseed themselves.
A visit to the Philadelphia Museum of Art is a great way to begin your Spring walking. Cezanne and Beyond – A Century of Great Artists Philadelphia Museum of Art – You will see more Cezanne and the artists Cezanne influenced, at the Philadelphia Museum of Art than if you went to Paris up to May 17th. This is an outstanding opportunity. Adults $14, Seniors $12, Children 12 and under Free.
*Birds chirping, a warm sunny day, Spring senses stirred and I begin to hear the call of the countryside. Chester County Pennsylvania Countryside to be specific. No one does a day in the country better than Chester County Pennsylvania.
*Try Longwood Gardens where you stroll either indoors or outdoors when you hear the call of Spring early as I do. Also, Valley Forge National Park has many places for a Spring walk, both natural and paved (keep in mind the Valley Forge Road Bridge closing for detours into the Park) . Read the rest of this entry »
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