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

Tredyffrin Third Quarter Real Estate Absorption



Mops, Sponges and The Months Supply of Inventory

AbsorptionRateMoplThe Third Quarter Tredyffrin Real Estate Absorption Rate is looking more like a normal real estate market instead of one drowning in inventory.

Some months I have felt like I needed a huge mop to soak up the excess inventory. And in some markets that’s still the image that resonates.

But here in Tredyffrin Township for the Third Quarter Real Estate Market, we’re showing signs of recovery. The months supply of inventory is down to 5.6 months.  Keep in mind that the MSI and the Absorption Rate is based on the assumption that no new inventory is coming on the market, which is never the case.

The Months Supply of Inventory and Absorption Rates are averages, so there are definitely properties selling within days and even some with more than one offer and others, especially in luxury home price ranges, that are languishing. Read the rest of this entry »

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Blog Action Day 2009 Global Climate Change Think Small



Blog Action Day 2009Blog Action Day

2009 l Climate Change

Today is Blog Action Day 2009 l Global Climate Change is the topic that Bloggers around the world have agreed to write about with the goal of raising awareness on one critical issue that impacts each of us.  Climate Change and Climate Control are big issues! Big enough to be overwhelming. But we need to resist the temptation to do nothing. We each need to accept responsibility for the future our planet in big and small ways.

I’m a proud Mom who’s often inspired by my two children and 3 precious grand children. As a real estate agent I spend my professional life helping families. And so it’s no surprise to me that our children and young people are the hope of our future. We need to educate ourselves as well as support and follow the efforts of our Children For Climate Change.

When my children were young they loved the children’s literature  from a series called, The Borrowers by Mary Norton. The Borrowers were a secret Read the rest of this entry »

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iPhone 15 Must Have Apps For Real Estate Agents



Judy Peterson’s 15 Must Have iPhone Apps For Real Estate

Judy's iPhone Real Estate AppsSo here I am now 4 months into in-tech love with my iPhone. I keep rewriting this post about how wonderful the iPhone is for Real Estate Agents. And the reason for the constant editing is that it seems that every day I find another great App that comes onto the market that’s helpful to Realtors® in the daily practice of real estate.

It’s an awesome Christmas morning feeling when I see that little update light go on telling me that there’s a new exciting feature for one of my Apps. One of life’s simple pleasures!

Now, I have some good friends that I respect. They have brand x phones or hand helds. Are you a Realtor with a brand x phone/hand held?

Give it away.  Or sell it to your friend, sister, brother or neighbor who is not in real estate and get an iPhone. Do I really mean that? I do. Read the rest of this entry »

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1st Annual Paoli Blues Fest Street Fair REACT



The 1st Annual Paoli Blues Fest and Street Fair Saturday 10/3/09

Bring Canned Goods For REACT

Bring Canned Goods For REACT

The Deb Callahan Band Plus 15 other Bands will be performing in Paoli with a FREE Concert at the location of the Paoli Village Shoppes across from the Paoli Train Station and in other Paoli area locations such as Malvern Federal, Ace Paoli Hardware (my fav for kids toys and fix it help!), CVS in Paoli Plaza and the Paoli Design Center all sponsors of the event.

Bring some non-perishable food donations to support the REACT Food Closet. Valley Forge REACT, needs your help. REACT, together with assistance from the community and members of the Tredyffrin-Easttown Fire and Police force  assists area families in need every day and through the holidays.

Have fun and do good! A winning combination.

Saturday 10/3/09 12 Noon to 6pm RAIN OR SHINE!

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Tredyffrin 5th Annual House Tour Historic Preservation Trust



5th Annual Historic House Tour -Tredyffrin Historic Preservation Trust

Saturday September 19th between 12 noon and 5pm (rain or shine). Tredyffrin5thAnnualHistoricTourMark your calendars for the annual tour of historic homes in Tredyffrin Township. The 5th Annual Historic House Tour Ticket  Order Form can be used if you like to mail your check or you can order your Tour Tickets online at the Tredyffrin  History website. Read the rest of this entry »

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11 Fun Things To Do Labor Day 2009 Chester County Pa



11 Fun Things To Do Labor Day In Chester County Main Line Pa Area

I took Daisy for a walk early this morning and felt that invigorating zip in thelabordayfunthingstodol morning air that I just love. Heat and humidity are not my fav. Now the A/C is off and PECO is on their own for awhile.

Getting ready to celebrate Labor Day, September 7th 2009? Here’s a few fun ideas for you and your family to do to help savor the last weekend of Summer:

The Ludwig’s Corner Horse Show and Country Fair Labor Day Weekend September 5, 6 and 7 is an annual Family Tradition. $7 for Adults and $3 for Children makes this event a winner for families. Read the rest of this entry »

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6 Tips For Real Estate iPhone Love



6 Tasty Tips+8 Tempting Apps For Real Estate iPhone Love

My Apple iPhone 3GS adventure actually began more than a few years ago with aJudy's Apple iPhone For Real Estate 20 Tasty Tips couple of Palm Pilots. I thought they were great until now!

Even though I’m an Apple newbie, I already love my  iPhone3Gs. The new iPhone was a Birthday present.

The launch date fell exactly 30 days after my real birthday, so I was counting the days along with the rest of the world and just barely resisted the temptation to stand in line in the predawn hours at the Apple Store in the King of Prussia Mall on June 19th.

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Memorial Day Fun Main Line Chester County Pa



Memorial Day 2009Memorial Day Fun For May 2009 will include many back yard picnics throughout the areas of the Philadelphia Main Line and Western Suburbs of Chester County, Delaware County and Montgomery County.

As a youngster, I recall going to  Woolworth’s Five and Dime Store to buy some flags (2 for a nickel) to line the path to our front door.  Flags were intertwined with some beloved rose bushes that made our Philadelphia Twin Style home look very grand!

*Monday 5/25/2009 Radnor Memorial Day Parade begins at 9:45am “Rain or Shine” at 150 N Radnor Chester Road and proceeds West on Lancaster Avenue with a Memorial Day Ceremony at the corner of Aberdeen and South Wayne following the Parade.

*Sunday 5/31/2009 Malvern Pa Memorial Day Parade from 1:30pm to 4:30pm in the Borough of Malvern. Read the rest of this entry »

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Gallop On Over To Devon Pa-Devon Horse Show



Even if you’ve never ridden a horse or you don’t even have any intention of riding a horse you must gallop on over to the Annual Devon Horse Show And Country Fair in Devon, Chester County, Pa 19333  for a rollicking good time. Special equestrian events and Country Fair Events offer something for everyone.

There are so many fun things to do at the Devon Horse Show in Devon, Pa, that you won’t be sorry that you took my advice. Bring or borrow your favorite child to make the day all the merrier! Here are some of my photos from last year when I visited with my precious Granddaughter and her Mom and Dad.

Ride the Ferris wheel, an old fashioned merry go round, and of course you just must get a lemon stick, with a touch of sweet and a little pucker up all in one with a candy stick inserted into a fresh lemon, a Devon Horse Show tradition since 1896. Visit the regal stalls Read the rest of this entry »

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New Appraisal Guidelines The Baby and The Bath Water



The Real Estate Blame Game Moves On To Appraisers

The Real Estate “Blame Game” has become our current national sport.  So far, we’ve raked the Buyers, the Realtors and the Brokers and the Mortgage Companies over the coals.  This week we’re moving on to the Appraisers and legislating the free flow of information.

As of May 1, 2009 there will be new property Appraisal guidelines but not Hear No Evil everyone agrees that we need new Appraisal guidelines as reported in the Wall Street Journal yesterday.

If it’s not the Realtors and the Broker’s fault for pricing and marketing real estate for what it would sell for, then maybe it’s the Appraisers “fault” for appraising the property according to the then existing market activity of what buyers were willing clamoring to pay for property.

Of course there is a need for some Mortgage and Lending reform and the National Association of Realtors supports the Mortgage Reform and Anti-Predatory Lending Act of 2009,  H.R. 1728. You can read  NAR President Charles McMillan’s testimony in support of Lending reforms with modification.

Under the new guidelines, Appraisers will no longer call me about one of my sold and settled listings to help them compare the features and benefits to one of their current “subject” properties. I will no longer be able to meet an Appraiser at my Sellers property to share the comparable sold’s that I used to price the property. The Mortgage Company will not be able to call the Appraiser for any reason, much less, to ask for a “rush” for a special relocating family trying to get their children into school before the start of the school year. Read the rest of this entry »

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