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Prudential Fox and Roach RealtorsDevon Home Marketing
Center, 431 W Lancaster Avenue
Devon, PA 19333
610-651-2700

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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432 Sharon Drive Open Jan 11th 2-4pm



432 Sharon Drive in Wayne, Pa, Upper Merion Township

We’re having a Sunday Open House at 432 Sharon Drive in Wayne, Upper Merion 432 Sharon DriveTownship, Sunday January 11th from 2-4pm. Come visit this charming Ranch Style home. Sharon Drive offers easy one floor living in a wonderful neighborhood close to Roberts Elementary School, King of Prussia Mall Shopping and nearby commuting from the Wayne Strafford Train Station. An upgraded kitchen, upgraded baths and all new windows are just a few features that make this a best buy for First Time Home Buyers or Downsizing Home Buyers at an offering Price of $349,000. No Condo Fees. Better than a town home! Have questions? Call Judy Peterson Prudential Fox and Roach Realtors 610-889-5509.

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Chester County Ready Notify Pa Emergency



Southeastern Pennsylvania Emergency Notification System

Ready Notify Alert PaSeptember 11th I was home watching the Today Show, in horror. I rushed to call family members across the Country to tell them not to get on any airplanes. Phone lines were already jammed.  Back then I didn’t “text” so I sent an email and finally got a call through. Locally, Chester County Ready Notify Pa can not only help you be better prepared in an emergency, but it can save lives and it’s totally free for emails. There may be a small cost for text messages. Check with your provider.

Chester County Ready Notify Pa – I meant to sign up for it when I first heard about it.  Sign up now. And tell your family and friends about Chester County Ready Notify Pa. I’ll have to tweak mine a little since I’m getting traffic notices I don’t need. But if you commute to the City, that might be helpful to you.

If you live in Chester County, Montgomery County, Delaware County, Bucks County or Read the rest of this entry »

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1,000 Reasons To Come To My Open Houses This Weekend



Prudential Fox and Roach Realtors® Holds An Open House Extravaganza

Come to Judy Peterson’s Real Estate Open Houses and see two lovely homes for sale in Wayne, Pa 19087.

Prudential Fox & Roach Realtors® is sponsoring a Real Estate Open House Extravaganza this Saturday November 8th, and Sunday November 9, 2008. Read the rest of this entry »

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432 Sharon Drive, Wayne Pa 19087 Ranch Home For Sale



First Time Buyers? Downsizing Buyers? – Welcome Home!

SUNDAY OPEN HOUSE - November 23, 2008 2-4pm

November 23, 2008 Sunday Open House 2-4pm

432 Sharon Drive in Wayne, Pa is a charming Ranch Style Home. Located in the popular community of “Waynewood” in Upper Merion Township.  Here you will find a location that offers incredible convenience for your daily living. Just minutes to the popular King of Prussia Mall for fabulous shopping or to the Wayne Strafford Train Station for commuting to the Lower Main Line or Center City as well as all major corporate centers and the popular Roberts Elementary School. Upper Merion Township also boasts a Senior Center on close by Henderson Road, offering activities and services.  Preview our  Virtual Tour of 432 Sharon Drive or click on the “Virtual Tours” tab above. MLS#5430504 Call for an appointment today.

Just Like A Vacation Home But With Convenience and Upgrades

As you approach Sharon Drive from Croton Road, you feel as though you’re entering a Pocono Mountain vacation retreat home when you see this lovingly cared for property, surrounded by filtered sunlight, yet Read the rest of this entry »

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