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Center, 431 W Lancaster Avenue
Devon, PA 19333
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1901 Parkerhill Lane Chester Springs Pa 19425


1901 Parkerhill Lane in Chester Springs Pa 19425

1901 Parkerhill Lane, Chester Springs Pa, 19425, a new Featured Listing and home for sale, is a stunning Country French Style Manor Home that combines the elegance of Philadelphia Main Line Style with an eye for Chester County Charm and quality details. This is the ideal country retreat home for you and your family, away from the hustle and bustle while just minutes to your favorite restaurants in the Philadelphia Main Line and Chester County Pa. Enjoy the following slide show or click on Virtual Tours above for more photographs of this unique property.

The pride of ownership and the finest architectural design details are featured in quality materials such as Baldwin Brass, Kohler Sinks, Granite, Marble and custom Amish Kountry Kraft Cabinetry. Discriminating buyers will appreciate the superb quality upgrades.

All your family needs have been anticipated in this gorgeous home featuring 6 Bedrooms, 2 Family Rooms, a formal Living Room and Formal Dining room, first floor Study, Gourmet Kitchen, 6 Full Baths, 2 Powder Rooms, a first floor Master Bedroom Suite, an In-Law Bedroom Suite and an attached Au-pair Suite with bedroom and full bath with a private entrance PLUS a finished, heated, 4 car garage, a gorgeous pool and spa surrounded by professional landscaping and charming exterior Porches! Read the rest of this entry »

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766 Hedges Ln Wayne Pa 19087 Open 5/3/09


You’re Invited To 766 Hedges Lane, Wayne Pa 19087  Sunday Open House 5/3/2009 2-4pm

Directions: – Route 30 West to right on Old Eagle School Road, right on Mancill Road to766 Hedges Lane Wayne Pa 19087 OH 5/3/09 first left on Hedges Lane to 766 Hedges Lane, Wayne Pa, 19087. Enjoy a quiet cul-de-sac location that’s  just minutes to the Strafford Wayne Train Station and downtown Wayne Shopping.  Sought after Tredyffrin Easttown Schools.

Featuring a spacious Cape Style Home with 5 bedrooms 3.5 baths and a first floor master bedroom suite in Tredyffrin Township. Call Judy Peterson for additional information 610-889-5509.

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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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Chester County Pa Tredyffrin Market Report March 2009


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 theTredyffrin Real Estate Report March 2009 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


Home Ownership Dreams Fail To Pricing Fantasy

I spend my days and sometimes nights helping home buyers and home sellers with the Fantasy Housepurchase 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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Home Ownership Tax Benefits


The National Association of Realtors® (NAR) is working to protect the threatened Mortgage Interest Deduction for homeowners as reported in their AprilMortgage Interest Deduction Issue of On The Hill. When it comes to tax deductions, every little bit helps beleaguered home owners.

By now, everyone’s heard about the 2009 First Time Home Buyers Tax Credit (Form available here), one of the 10 key features of the 2009 American Recovery and Reinvestment Act.

But, even if your not a First Time Home Buyer and if you are a home owner in Chester County or the Main Line Pa area who has recently purchased or sold a home, don’t forget to ask your Accountant about some of the benefits of home ownership that Uncle Sam traditionally offers to encourage home ownership.

There could be some tax benefit questions for you to ask about right on your HUD1 Settlement Sheet.  So be sure to provide your HUD 1 Settlement statement to your tax professional and ask about the following: 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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Tredyffrin Preservation Trust Celebrates Spring


“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


Real Estate Absorption Tredyffrin Township, Easttown, Willistown, Uwchlan and Upper Uwchlan Townships*

The Real Estate Market Absorption Rate, Months Supply of Inventory andAbsorptionRateMainLinePaToday.com 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


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 Lane766 Hedges Lane Wayne Tredyffrin Pa, 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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