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

3 Home Staging Mistakes To Avoid



Keeping The Right Stuff!

It was Shakespeare who said, “All the worlds a stage…”, aSellers Home Staging Tips pretty good metaphor for real estate in this market. Setting the stage, lights camera action- it should all be done before the curtain goes up. A good Professional Home Stager,  is worth their weight in gold.

The ASP, Association of Staging Professionals reports on the top 12 Home Improvements for Sellers as shown in a national Home Gain Survey including the potential return on investment.

3  Home Staging Mistakes To Avoid:

  1. Not Having a Plan – As a Realtor,  I offer staging tips to my Seller in a Pre-listing Consultation, but a Professional Staging Plan includes a written evaluation, and estimates within your budget. Please, always have a contract with any sub-contractors for your protection. Read the rest of this entry »
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Fun Things To Do End of Summer 2011



Labor Day and End of Summer Family Fun Things To Do Around Chester County and the Philadelphia Main Line Pa 

Labor Day September 5, 2011 – It’s hard to believe that we’re already thinking about Labor Day. Multiple heat waves made this Summer seem allJudy Peterson 2008 too short as we hop scotched from air conditioned homes to air conditioned cars, work places and home again.  Soon, the mass exodus from the New Jersey Shore will begin.

Here’s some fun things to do in and around the Philadelphia Main Line Area and Chester County Pennsylvania:

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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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Tredyffrin Township Condos And Townhomes



Good To Be A Tredyffrin Townhouse Buyer

Tredyffrin Townhouse Condo Market Stats

If you are a Townhouse or a Condo Buyer or Seller in Tredyffrin Township you will have seen the most real estate activity in all of Chester County Pa in the past 12 months. There were 354 units sold in Tredyffrin, followed by 195 sold in Phoenixville, 188 in East Goshen Township and 186 in West Goshen Township. Inventory is moving, however Sold prices for townhouses and condos are down 4% since June of 2010.* Read the rest of this entry »

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3 Ways Real Estate Is Like Scrabble



Scrabble and Real Estate

Scrabble rules of real estate

Perhaps you love to play Scrabble AND you have a penchant for the world of real estate like me. As a child I spent many happy Summer days playing marathon games of Monopoly with family and friends. And even today, a few running games of Scrabble on my iPhone helps keep the mental juices flowing. Now I would be the first person to acknowledge that I cringe whenever I hear someone refer to the “game of real estate”. Somehow it always makes me think of those sleazy get rich quick guys on late night TV.

We never want to think about buying or selling a home as a game, since it’s one of the most important financial and emotional events in our lives. But here are some similarities to both events that might give a little insight by way of comparison:

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Home Buyer Tax Credit Done When Obama Signs



Expanded Home Buyers Tax Credit Voted Up By Senate and House Today

Homebuyer Tax Credit Extended to April 30 2010Just today the United States House of Representatives voted 403-12 to extend and expand the Home Buyers Tax Credit.

The National Association of Realtors has provided this helpful document summarizing the details of the new Home Buyers Tax Credit.

Following the 48-0 vote by the United States Senate yesterday, and remembering our civics lessons, the Home Buyer Tax Credit will become law effective on the date that President Obama signs the bill. Read the rest of this entry »

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First Time Home Buyer Tax Credit Cliff Hanger



First Time Home Buyer Credit Cliff Hanger .  .  .  To Be Continued!

First Time Home Buyer Tax Credit Cliff HangerThe Senate is working on approving  The First Time Home Buyer Tax Credit Extension. Part of the proposal is to Expand The Home Buyers Credit for existing home sellers/home buyers but so far there is no Senate Vote. Possibly next week there may be a vote ready to go to the House and from there who knows?

From Soap Operas like Days of Our Lives  (“tune in tomorrow for the next exciting episode”), to Dallas, we’re drawn to cliff hangers. Who didn’t tune in  to find out, Who Shot JR? Read the rest of this entry »

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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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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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