Tredyffrin PA – Puzzled By The Real Estate Market
December 3rd, 2008 categories: Chester County, First Time Home Buyers, Market Trends
Tredyffrin, Chester County Pennsylvania Real Estate Market Report
We’re puzzled in Tredyffrin Township Chester County.
From what I hear at my Open Houses, you’re puzzled about our real estate market and how it compares to other real estate markets in the news and around the country.
Tredyffrin Township, like much of the Philadelphia Suburban Real Estate Market, just doesn’t quite fit the popular real estate market mold that’s frequently commented on in the news these days. Fortunately for us, we haven’t experienced the carnage of other real estate markets.
Confidence Crises or Reality Crises?
So, we’re Waiting and Waiting – Who knows what we’re waiting for?
Maybe we’re waiting for the stroke of a pen in January. Some people say that they’re waiting for the “bottom of the market”. Read the rest of this entry »
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Kimberton Waldorf School 32nd Juried Craft Show
November 11th, 2008 categories: Chester County, Fun Things To Do, Lifestyle
Kimberton Waldorf School 32nd Annual Juried Craft Show Friday December 5th and Saturday December 6th 2008
This year’s theme for the Juried Craft Show at the Kimberton Waldorf School in Kimberton Pa is the “Artisan Village”. There will be over 70 fine Artisans presenting their Textiles, Jewelry, Pottery, Woodwork, Metalwork, Gourmet Foods and Handmade Toys. There will be Fine Dining, a Tea Room, Live 
Music and a Silent Auction!
Special Children’s Festivities At Kimberton Waldorf Craft Show in Chester County include:
- The Little Gnome Village and Ursli’s Garden (ages 3–9),
- Village Workshops(grades 1–8)-Candle Making, Crafting and Soapstone Carving.
Friday December 5th 6pm–10pm Premier Admission-$10 Adults Only
Saturday December 6th 10am – 5pm Show, Admission-$5, Children Free Read the rest of this entry »
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Malvern Market Report October 2008
November 5th, 2008 categories: Chester County, Market Trends
Malvern Real Estate Market Report Zip Code 19355 as of October 2008*
Comparing the real estate market of October 2008 to October 2006 through the key indicators of the
in real estate values for Malvern shows that the Under Contract Price has increased 8%. This appears to be a good and positive direction indicating more realistic “For Sale Pricing” and hopefully some increased demand.
The real story in Malvern and most of our local markets, at this time, is in the volume of transactions. The overall volume of homes under contract is down 48%
Traditional Fall Slow Down In Volume
Traditionally, we see a bit of a slow down in the market in the Fall as far as the Days On Market is concerned.
The Months Supply of Inventory was 9.2 months in October 2006 compared to 14 Months Supply of Inventory in October 208, a 53% increase Read the rest of this entry »
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22 Cabot Drive “Newport” Wayne Chesterbrook For Sale
November 1st, 2008 categories: Chester County, Chesterbrook, Featured Listings, Home Buyers
Welcome to 22 Cabot Drive, a home offered for sale in sought after “Newport Village”, located in Wayne, Tredyffrin Township Pennsylvania*
When we think of Newport, we think of an elegant easy lifestyle. Just like the name Newport implies, this home offers an elegant easy lifestyle, upgrades galore, move-in condition, plus the kind of convenience that brings pleasure to your daily life. Two bedrooms, two and a half baths, Living Room, Dining Room area, over sized deck, Master Bedroom Suite, Eat-In Kitchen, Breakfast Room, Finished walk out lower level, garage? We got that! And it’s all right here in Chester County.
End Style Town Homes are sought after because they offer more privacy and light. In addition to the private location, this home offers true move-in condition and a dramatic open stair case with special window views from every room.
22 Cabot Drive, Chesterbrook sparkles with upgrades and defines “move-in” condition.
This home has been lovingly cared for. A few of the upgrades include: wood floors on every level, all new windows, fresh neutral paint and crown molding just about everywhere, new corian counter and sink in the kitchen, new dishwasher, stove, designer light fixtures, and high end gas fireplace logs with remote feature. Read the rest of this entry »
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Tredyffrin Real Estate|3rd Quarter Median House Solds
October 7th, 2008 categories: Chester County, Market Trends
Sold (green), Under Contract (blue), Expired (purple)
The Third Quarter Median House Sold Report for Tredyffrin Township in Chester County, comparison between September 2006 and September 2008, shows a real estate market that’s holding it’s own despite incredible waves of good, bad, worse and confusing news from the Credit Markets.
Since I’m a glass is “half full” kind of person, I love bringing you some good news.
A recent report from our Trident Mortgage Company, for example, reports that Trident is sound and well funded with money to lend. My Trident representatives tell me that they have not turned away a single borrower for lack of funds to lend. Now that’s good news and good management by Trident.
The Median For Sale Price is down 2% from $489,900 in 2006 to $479,000 in 2008, while the Median Sold Price for the same period has increased 22% from $339,000 in 2006 to $525,000 in September of 2008. Read the rest of this entry »
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Chester County Real Estate|Supply, Demand, MSI
September 26th, 2008 categories: Chester County, Financial, Market Trends
Supply and Demand and Months Supply of Inventory Comparison August 2006 vs August 2008
The Supply, Demand and Months Supply of Inventory numbers for Chester County Pennsylvania Real Estate Transactions offer no major surprises.
These are the numbers that some of the national and even local news likes to throw out for some shock value. They need to be put into context. When we compare market data to 2005 and 2006, it’s important to keep in mind that neither of these real estate markets was “typical”.
What Is Supply and Demand For Chester County Homes For Sale?
Supply and Demand – simply refers to the number of units (houses) sold in any given period compared to the number of homes for sale and houses under contract. It’s an important indicator but not a predictor of the future. In the comparison period between August of 2006 vs August of 2008 in Chester County Pa: Read the rest of this entry »
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Chester County~Montgomery County-Forbes Top 10 Best Places
July 21st, 2008 categories: Chester County, Lifestyle, Montgomery County
Forbes 2008 Top 10 Best Places To Raise A Family-Montgomery County and Chester County Pa
Forbes Magazine has named Montgomery County and Chester County in the Top 10 Best Places To Raise A Family! Those of us who love and live in Chester County can enjoy the affirmation that the Philadelphia Main Line Area is one of the best places to raise a family. Thanks Forbes! Of course I always knew it!
Numerous criteria is used to evaluate Communities such as, employment, education, SAT scores in excess of 1,050, air quality, commute time, median home price, low crime and quality of family life as also reported by Realtor Magazine. Read the rest of this entry »
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The Real Estate Sky Is Not Falling!
May 28th, 2008 categories: Chester County, Market Trends
The Real Estate Sky Is Not Falling In Chester County Pennsylvania!
Chicken Little and Foxy Loxy Go Home!
The Real Estate Sky Is not falling here in Chester County Pennsylvania. I’m keenly aware of the disconnect between the National News and the reality of the Local Real Estate Market. Every day, a buyer, seller or fellow Realtor shares a “sky is falling” story. Realtors are not immune! Real estate tales abound with just as many stories as there are versions of the Chicken Little Tale.
Many buyers and sellers are “waiting”. Waiting, in the mistaken belief that something good will happen if we just “wait” long enough. There is no magic in waiting in Real Estate. Never was, never will be. You can’t win trying to time the real estate market. Your best interests will be served by knowing the facts and doing your homework. Read the rest of this entry »
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