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Berkshire Hathaway HomeServices Fox & Roach RealtorsDevon Home Marketing
Center, 431 W Lancaster Avenue
Devon, PA 19333
610-651-2700

Professional Real Estate Ethics



Early Adopter or Luddite?

This week I’ll be getting smarter at my Suburban West Realtors Association in Malvern, Pa. Together with my fellow Realtors, we’ll be learning more about “Responsible Real Estate In An Electronic World”.

My real estate business has been online for the majority of my career. And I can tell you that there are ethical choices that come up every day in the life of a Realtor. Sounds like a very informative course.

favorite ipad apps Blogsy

I confess to being an “early adopter” when it comes to Technology. Some might call me a “Sneezer”. I love to explore and share my tech discoveries. Some might even whisper the nerd word. Nah! . . .well maybe. For example, Blogsy is my new favorite iPad App that I’m using to write this post. If you like to Blog and want to be more mobile, check it out.

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Photography For Real Estate Listings



Real Estate Photography

Hello Digital Photography Goodby MLS Books. Get Over It!

The Real Estate Listing Photograph was a very lonely creature when I first began my Real Estate Career. There was only one black and white real estate photograph that lived in the MLS Books. The MLS Books were about the size of the Yellow Pages Telephone Directory.

Today our Trend MLS and other search portals can feature up to 25 color property photos. This is a brochure showing photos of a pending sale in Chesterbrook that drew numerous showings, open house visitors and offers to purchase.

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Lower Merion,Radnor,Willistown-Two Mops For MSI



Months Supply of Inventory/Absorption Rate:

*Lower Merion Township, Radnor Township and Willistown Township  have earned two Mops for their Months Supply of Inventory and Days on Market for September 2009 as compared to September 2007. Of course the market will look a lot healthier when the volume of Sold and Under Contract transactions begins to move in a more positive direction.

Township

DOM

MSI

#Sold

Lower Merion

102 (+38%)

10.9 (+8%)

-14%

Radnor

97 (+90%)

8.9 (-25%)

Level

Easttown

71 (+107)

8.9 (-3%)

-56%

Willistown

57 (+51%)

7.8 (-36%)

-21%

West Goshen

58 (-10%)

5.7 (-11%)

-33%

East Goshen

50 (-43%)

4.5 (-32%)

-4%

As you can see Lower Merion Township (Montgomery County) has the highest Days On Market, 102 DOM and the highest Months Supply of Inventory at 10.9 MSI, an increase of 8% over September of 2007 with Radnor Read the rest of this entry »

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Home Owners Green Tax Incentives



Home Owners “Green” Tax Benefits Offer Savings Ideas Tucked Away in The First Time Home Buyers American Recovery and Reinvestment Act of 2009

You all know about the $8,000 First Time Home Buyer tax creditEnergy Saving Tax Credit Ideas that’s chasing down the November 30th 2009 deadline, right?

But did you know that the American Recovery and Reinvestment Act of 2009 has a nice little tax benefit and some bright ideas for current home owners if you improve your home’s energy efficiency on items like skylights (who has a skylight that doesn’t need improving?) doors, windows, and some metal and asphalt roofs. Could be as much as 30% of the cost of the project up to $1,500.

And the “green” tax credit also covers installation costs for HVAC and gas, oil and propane water heaters through December 31, 2010. Read the rest of this entry »

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July 4th 2009 Fireworks Chester County Main Line Pa



4th of July 2009 Fireworks Parades Chester County MainLinePaToday.comJuly 4th 2009 Fireworks, Parades and Fun in the Chester County Main Line Pa Area

The 4th of July is the traditional start of Summer,  in Philadelphia and the Western Suburbs of Chester County, Montgomery County and Delaware County.

There will be many back yard picnics a few parades and some spectacular Fireworks displays for you to enjoy. I’ll be taking my best ever “secret recipe” deviled eggs to a party. Actually, I just make them the way my Mother did with a little pinch of this and that (except for the hot sauce and curry). But they really are the best ever!

Everyone likes to call their Fireworks the best ever. What do you think? Do you have a family fav?

*Philly 4th Fun, Fireworks and Parade – Philadelphia offers a week long celebration beginning June 25th with The July 4th Parade taking place this year in Historic Philadelphia starting at 11am.  Fireworks can be viewed from the steps of the Philadelphia Museum of Art on the Benjamin Franklin Parkway starting at 10:30pm

*Wilson Farm Park 4th Annual Tredyffrin/Easttown Concert and Fireworks Display at 500 Lee Road in Chesterbrook,  features Ben Mauger’s Vintage Jazz Band in a FREE concert starting at 7pm with a grand finale Fireworks Display about dusk, or 9pm.

*Radnor High School Annual Scholarship Fund Fireworks held at the Radnor High School playing fields at King of Prussia Road starting at 6:30pm on July 4th.  July 5th Rain Date. Call 610-688-5600 for more information and advance tickets, group car rates. Bring a picnic blanket or chair. Read the rest of this entry »

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Main Line Pa Homes For Sale Absorption Rate Report



Radnor Township Real Estate, Haverford, Lower Merion and Upper Merion Townships Real Estate Absorption Report February 2009

The Main Line Pa Real Estate Absorption Rate Report comparison FebruaryAbsorptionRateMainLinePaToday.com 2008 to February 2009. Comparing  our four Lower Main Line Pa area Townships (Radnor, Haverford, Lower Merion and Upper Merion) for the Months Supply of Inventory, Days On Market, Residual Inventory (backlog) and New Listings On Market.

As I was preparing this Absorption Rate Report, I saw a tick up in the Median Listing price for some lower Main Line Pa Townships.

This would not be a good time to be increasing the Listing prices beyond what’s indicated by recent comparable sold prices and market conditions. Read the rest of this entry »

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Chester County Real Estate~Comparable Sold Property



Chester County Real Estate Comparable “Sold” Properties

Comparable sold properties are the “bread and butter” of successful buying and sellingcomparable-solds 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:

  1. *same style home (2 story Colonial, Split Level, Cape Style, Ranch Style, Contemporary Style, French Style, Bi-level Style, town home, condos)
  2. *same number of bedrooms and baths
  3. *same interior square footage
  4. *same size lot and similar location
  5. *same condition of amenities
  6. *same neighborhood, township
  7. *garage or not
  8. *central air or not
  9. *same school system
  10. *same age

Comparable means, similar or substantially the same. Since no house or real Read the rest of this entry »

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Real Estate Home Sales Indicators February 2009



Chesterbrook Flowering Cherry Tree 2008Those of us living and working in the Chester County Pa and the Philadelphia Main Line Real Estate Market can benefit from knowing the important National Housing and Home Sales Indicators* Several Real Estate Housing and Home Sales indicators will be updated this week.

We’ll be watching these Housing and Economic indicators and keeping you informed as to the overall condition of the Housing Industry as measured by these key National Housing Indicators as we move into Spring. This is a photograph I took last Spring of a flowering Cherry Tree, along the path of a walk with Daisy in Chesterbrook. I’m looking forward to Spring! It’s such a hopeful time! Read the rest of this entry »

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Chester County February Fun Things To Do



February Valentine’s Fun Things To Do

Valentines Day comes along at just the right time to warm our hearts and hearth. It’s a good time to brighten your days with some fun things to do as you dream of a Spring or a Summer stroll along the beach. Here’s my Valentine’s Day picks and some Family Fun Things To Do in Chester County and the Philadelphia Main Line Area.

January 24th to March 31st – visit Longwood Gardens to see the Orchid Extravaganza and view thousands of exotic flowers

January 31stThe Colonial Theater in Phoenixville Segal Puppet Theater and “Cowboy Capers”  40 minute interactive puppet show for children 2–7.

February 14th – First ever Valentines Day Dinner at the Conservatory in Longwood Gardens Love Blooms – Couple $275.00 for an exotic offering of Truffles, Seafood, Chocolate and Champagne with music and dancing. 7pm -11pm Read the rest of this entry »

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Delaware County Real Estate Market Report



Delaware County Real Estate Market Report December 2008*

Our one year comparison of December 2007 and December 2008 for the Real Estate Market in Delaware County Pennsylvania shows that there were 5,456 homes sold in Delaware County this past year with a 2% decline in the Median Sold Price.

The key to our real estate statistics chart is red bar equals median home for sale prices in Delaware County, blue bar is median homes under contract prices and the green bar is median homes sold prices for the past year in Delaware County PA. Read the rest of this entry »

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