Bucks Condo King

Morgan Stanley Exec. Steps Down To Start Real Estate Investment Fund

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Thu, 24 May 2012 11:54:45 -0700

On May 22, 2012 Jennifer Ablan and Matthew Goldstein reported that Oliver Chang the Executive Director and US Housing Strategist for Morgan Stanley was stepping down to start his new fund that will take advantage of the recovering Real Estate Market by purchasing single family homes to rent out for a few years & then sell. Chang states, “Having followed this market for the past several years, I believe it represents one of the most compelling investment opportunities available across all asset classes today." Oliver Chang isn't the only one with this idea as many hedge funds and private equity firms are also investing in Real Estate. An asset management firm in Los Angeles, TCW, which specializes in fixed-income securities and oversees $128 billion in assets just started TCW Home Place Partners Fund, as an opportunity for wealthy investors to invest in the Real Estate Market Recovery. They are hoping to raise a quarter of a billion dollars so they can take advantage of the growing rental market that has seen rents rise steadily over the last couple of years.

There are great opportunities in this market to still get in while sales prices are low, interest rates are low & the demand for rentals is high. If you've been thinking about investing in Real Estate in the Bucks County & Philadelphia areas give me a call. As an investor myself who owns rental properties & is currently renovating two properties in Philadelphia I'll be able to show you how to find the right property for your needs. I'll also help you crunch the numbers on the sale, the cost to get the property into rentable shape, review the carrying costs & help you find a lender so we can make sure the ROI will match your goals.

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Bucks County Foreclosures Are They Worth The Risk?

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Mon, 21 May 2012 11:36:04 -0700

Everyone I meet has heard all about foreclosures and they all want to know how to get in on these great deals in Bucks County. I find that most people don't understand all of the risks involved.

Becoming The Landlord To The Previous Owners: When you buy a foreclosure it is at the sherrif's sale so it is actually at the very moment the bank is reposessing the home. What this means is the homeowners could very likely still live there. So, the winning bidder may have the previous owner's as tenants in their new property & it is now up to them to evict them. Since tenants have rights it can take some time and legal costs to accomplish this.

The Condition Of The Property Is A Mystery: Most people who have purchased a home before are used to getting to tour the home to see if it appeals to them. They also usually have a home inspection before they purchase the property to ensure the systems are working properly & so they know what the true cost to purchase the home will be if it needs repairs. When it comes to forecloures the home is not up for sale so there aren't any tours, no seller's disclosure & no home inspections. You can do a drive by & if you have the nerve maybe even try and talk to the owners before the sherrif sale, but most folks I know feel uncomfortable even thinking about this. So, you are purchasing a home without seeing the interior and have no clue about the condition. Another issue is often times the previous owners are understandably angry about their situation & won't be looking to help you "steal" their home. It isn't unusual for the previous owners to remove all of the appliances, light fixtures, or even HVAC units before they get foreclosed on. You could also find doors ripped off hinges and holes in the wall. The damage to the property doesn't usually stop with what the owners did out of anger, but also out of necessity. If you don't have enough money to pay your mortgage & you know you're going to lose your home you start neglecting issues that need to be repaired. The leaky roof or toilet for example. This can cause some major defects.

Need All Cash To Purchase & Often Times There Are Hidden Costs: You can't get a mortgage to purchase a foreclosure at the sherrif's sale. A mortgage co. requires an appraisal & in Bucks County you only have 30 days to settle after you make your winning bid. You have no way to get a bank appraiser through the property so you'll need all cash to make the purchase. Even if you could get an appraiser through often times the condition would not be acceptable to a lender. Most lenders won't even give you a loan if the stove is missing let alone the HVAC system.

Also there could be hidden costs such as liens from other lenders, homeowner associations, or maybe even credit cards. The only way to ensure you don't get stuck with an extra bill that can easily be in the tens of thousands is to pay for a title report. These typically cost a couple of hundred dollars so this can become quite costly as well. Let's say there are 10 homes you are interested out of a list of 200. Even if you negotiated a deal to run them all at $75 your still out $750, but here's the kicker.

Not Many Homes Actually Sell At The Sherrif Sale: Not too long ago I was at the Bucks County Sherrif Sale and out of the 200 homes that were on the list only 2 sold to investors. The majority of homes up for auction get stayed, postponed, or the bank out bids the investors & will later list the home with a Realtor. So, you could easily keep spending money on homes that won't sell which will have a negative impact on your ROI.

This type of investing is not for the faint of heart, and there's always a gamble so you'll need some deep cash reserves as well. The good news is there are still plenty of options out there for investors that are much more safe & reliable. These are Short Sales & REO's.

A Short Sale is where the seller is negotiating with the bank to accept less than the bank is owed. To give an example the seller purchased the home with a $200,000 loan a few years ago, and now due to their circumstances they can no longer afford to make the payments. Over those few years the condo has dropped in value to $190,000. To sell the home will cost approximately 7% so the net would be $176,700. So, the seller is trying to negotiate with the bank to accept less than they are owed rather than pursuing foreclosure. The reason the banks are willing to accept these deals is because it saves them time and money having to repossess the home and then hire an agent to sell it all while no one is looking after the home and keeping it in good repair. There are some great deals out there like this, but they require more patience and flexibility than a straightforward transaction so they are not for everybody. Banks typically take 30 - 45 days to respond to your offer, and often times the home is being sold as-is so even though you are getting a good deal you may need more money in your reserves to fix things you usually would have asked the seller to do. One concern with a short sale is you have an agreement with a seller, but they cannot actually owner their agreement so you are relying on their agreement with their bank. You are not allowed any contact with the bank and if at anytime the bank decides not to agree to the short sale your deal falls through. So, it takes patience & understanding that sometimes it won't work out & you'll have wasted some time pursuing a home.

A Bank Owned, or REO property is sold through our MLS and is a home that has already been foreclosed on and the owners have been evicted. Out of these three types of sales (Foreclosure, Short Sale & REO) this is probably the safest. The reasons why are because it is available for showings so you can see what the condition is like, and because the bank owns the home and has it listed you know they want to sell. They will usually sign off within a week of submitting your offer so you are not waiting for a month, or more like you would with a short sale. You get to do your inspections to make sure there aren't any overwhelming defects, and if they are you can ask for credits, repairs, or even walk if you negotited your agreement right.

So, just keep in mind foreclosures sound great, but they could very easily become the biggest mistake you've ever made. If you are interested in finding a good deal in Bucks County to start your investing career give me a call #215-860-4067 or send me an e-mail dale@thecosackteam.com

I am an investor myself & have helped quite a few other investors over the years in Bucks County & Philadelphia. From the complete gut & renovation to the place that just needs some cosmetic upgrades I've done it all. I love Real Estate as a tool to plan for retirement by generating passive income and think today is a great time to start investing as prices have hit bottom, but are expected to start climbing, interest rates are at historic lows & rents are on the rise.

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Great Townhome For Sale in Newtown Grant!

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Thu, 10 May 2012 12:12:35 -0700

22 Crabapple Pl. Newtown Grant

Asking $239,900

Wonderful two bedroom townhouse in much sought after Newtown Grant. This bright and airy floorplan offers pergo floors on the first floor, a nice sized living room and dining room, eat in kitchen, powder room and one car garage. Second floor has a master bedroom with en-suite bath, a second bedroom hall bath and laundry room. This home backs to open space! Two bedroom townhouse with a garage for under 240 in Newtown...great deal, come see for yourself!

Virtual Tour

For a private tour call or e-mail Dale

#215-860-4067

dale@thecosackteam.com

Homes For Sale in Newtown Grant

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

2 Bedroom 2 Bath Condo For Rent in Society Place, Newtown Grant

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Thu, 10 May 2012 11:56:51 -0700

2513 Society Place in Newtown Grant

Welcome to this freshly painted neutral and well cared for first floor condo in Newtown Grant. This condo offers newer neutral carpets, newer flooring in kitchen and foyer, updated baths, newer range, washer, dryer, water heater, doors and HVAC. There are two master suites with en-suite baths, a dining area with cutout and breakfast bar looking into the kitchen. Owner renovating kitchen with new cabinets, countertops & dishwasher before new tenant moves in. No pets No smoking.

Asking $1,450 per month + Utilities & 2 Months Security Deposit

For a private showing call Dale #215-860-4067 or

e-mail: dale@thecosackteam.com

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Beautiful Lexington For Sale in the Spruce Mill Section of Makefield Glen in Yardley, PA

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Mon, 30 Apr 2012 12:51:44 -0700

Asking $239,900

Welcome to 7705 Spruce Mill Dr. a beautiful Lexington Model in Makefield Glen. This home offers a bright & airy floor plan & neutral, stylish decor throughout. Providing a large living room & dining area, a white on white eat-in kitchen with recessed lighting, corian countertops & undermounted sink. The second floor has a great master bedroom with 2 closets including a Walk In, a second bedroom, linen closet, handy laundry room and a lovely remodeled bath with double vanity & wainscoting. The full finished basement has an office, a family room with entertainment/bar area and a storage room with new mechanicals. Whether it's a winters night entertaining in the finished basement or a balmy summer afternoon on the custom landscaped patio, this home offers it all along with the great Makefield Glen amenities & location. Welcome to 7705...Maybe you are home already.

For a private tour call Dale #215-860-4067

Virtual Tour of 7705 Spruce Mill Dr. in Makefield Glen

For More Details on 7705 Spruce Mill Dr. in Makefield Glen

Patio

Living Room

Dining Room

Kitchen

Finished Basement Entertaining / Bar Area

Family Room

Office

Master Bedroom

2nd Bedroom

Bathroom

Powder Room

Homes for Sale in Makefield Glen

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

One of the Jewels of Newtown Borough Is on the Market!

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Mon, 16 Apr 2012 12:09:48 -0700

For Sale in Newtown Borough 201 Penn St.

Asking $699,000

One of the historic jewels of Newtown Borough, formerly known as the 'Ann Buckman School for Girls'. This lovely stone and plaster colonial beckons your attention with its beautiful front porch and stately presence. The living room has a corner fireplace, bay window and built-in shelves. Gather everyone in the huge dining room for holiday feasts. The heart of the home (the kitchen) overlooks the family room with large brick fireplace and beautiful views of the garden. The second and third floors offer master bedroom with en-suite bath, four more bedrooms, two baths and a couple of hideaways' perfect for sleepovers. The finished basement offers a great surprise with a stone fireplace and slate floors. All this plus a very spacious garden with beautiful beds of color while still allowing for large lawn area, perfect for a summer party. Then of course, there is the two story barn with 2 car garage and endless possibilities. Walk to everything... This is Newtopia

For a private tour contact The Cosack Team

Direct: 215-860-4067

Cell: 215-499-7682

E-mail: Dale@thecosackteam.com

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Just Listed in the Aspen Woods Section of Makefield Glen

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Fri, 13 Apr 2012 12:09:21 -0700

Just Listed in Aspen Woods, Makefield Glen

1655 Covington Rd, Yardley PA - $369,900

Welcome to 1655 Covington Rd in Makefield Glen, a wonderful Brandon Model offering living room and dining room with hardwood floors, family room with fireplace and remodeled kitchen with new cabinets, countertops etc. The second floor offers a large master bedroom with sitting area and en-suite bath, two more nice sized rooms, a hall bath and second floor laundry area. The third floor loft is spacious and bright providing a great space for in-home office, play room etc. The full basement is finished with den area, play area and a finished room for crafts/office etc. while still allowing space for storage. All this plus an attached garage and a full patio. New roof in 2011, new heating 1.5yrs, new A/C 3yrs.

For more info on this home go toWWW.MAKEFIELDGLEN.COM
For a private showing call, email or text 215 860 4067 dale@thecosackteam.com - 215 499 7682

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Beautiful Colonial on River Rd. in Washington Crossing

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Tue, 10 Apr 2012 11:26:26 -0700

Beautiful Colonial in Washington Crossing

1241 River Road, Washington Crossing, PA 18977

Welcome to 1241 River Rd, a beautiful colonial overlooking the Delaware River in historic & beautiful Washington Crossing, PA. Professionally landscaped with flagstone wall and brick and stone walkways. Offering a living room with brick raised slate hearth wood burning fireplace. A formal dining room with double anderson full-view slider to rear brick patio. A fabulous great room with soaring windows and gorgeous views. A gourmet kitchen with granite counters, tumbled ceramic tile backsplash, farm style sink, top of the line appliances, under cabinet lighting, a center island / breakfast bar and engineered wood floors. The second floor offers a master bedroom with vaulted ceiling,triple front window with palladian top and river views, walk in closet and en-suite bath. A balcony off this bedroom overlooks the great room and has spiral steps to the lower level. Two more bedrooms a full bath and attic access complete this floor. A new deck houses a hot tub and splendid river views...if you want to get closer, head down to the concrete patio on the riverbank and enjoy the riparian rights. Whether it's cosy nights by the fire, breakfast in the morning room or a glass of wine on the riverbank, this home offers it all...Maybe you are home already!

Virtual Tour of 1241 River Rd., Washington Crossing, PA 18977

Living Room 19’1 x 17’2

Great Room 17’2 x 25’

Kitchen 14’5 x 13’8

Dining Room 13’7 x 11’3 Morning Room 17’6 x 10’7

Master Bedroom 17’7 x 14’2 Master Bathroom 9’5 x 8’9

Balcony off Master Bedroom 2nd Bedroom 13’10 x 10’8

3rd Bedroom 13 x 8’6 Exterior Off Dining Room

Riparian Rights with Great Patio Overlooking River

Overview

Asking $475,000

Municipality: Upper Makefield Township
School District: Council Rock
Tax parcel: #47-012-009
Taxes: $6,116 in 2012
Year Built: 1923
Square Footage: 2,540
Utilities: Private Well, On-Site Septic
Hot Water: Oil Summer/ Winter Hook-up
HVAC: Oil Hot Water Baseboard / Central Air
Parking: 4+ Driveway with Turnaround
Exterior: Stone & Vinyl Siding
Security System: Wired but not “live”
Other: Upstairs Laundry Room
Home has Riparian Rights with Concrete
Patio Overlooking the River

For a private tour contact The Cosack Team #215-860-4067 or e-mail dale@thecosackteam.com

Homes For Sale in Washington Crossing, PA

Search For Homes in Bucks County

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Homes Sold in Newtown Borough in the First Quarter of 2012 & Homes For Sale in Newtown Borough

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Thu, 05 Apr 2012 13:06:00 -0700

Homes for Sale in Newtown Borough

Homes Sold in Newtown Borough in the 1st Quarter of 2012

Newtown Borough: Newtown Borough is a much sought after and desirable place to live for many reasons.Most people fall in love with the old town charm, the walkability factor, the great restaraunts & bars & the Council Rock School District.There are a few places in Newtown Boroughwhere you can find townhomes that are not associated with a townhome community.You'll find these historic townhomes & twins on State St., N. Congress St. across from the old Chancellor St. Elementary School, & on S. Lincoln and Court St.

Of course there are also the newer townhome communities Newtown Station & Newtown Walk (just outside of Newtown Borough) as well as Barclay's Court & Phillips Court.

Goodnoe Elementary, Newtown Middle School, & Council Rock North High Schoolsserve the Newtown Borough community.

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Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Homes Sold in Tapestry, Holland PA in the First Quarter of 2012 & Homes For Sale in Tapestry

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Wed, 04 Apr 2012 12:55:28 -0700

Homes for Sale in Tapestry, Holland, PA

Homes Sold in Tapestry in the First Quarter of 2012

Tapestry is a fantastic neighborhood (I may be a bit biasedWhy I Chose To Live In Tapestry in Holland PA, A Bucks County Realtor Tells His Story) located off of Middle Holland Rd. across from the Rolling Hills Elementary School in Hollandin Northampton, PA. Calton Homes began building the first phase in the early to mid 1980's which was called Penn's Court.

The second phase was built in the mid to late 1980's and was called Tapestry which is now the name used for the entire development and the master association uses the name Penns Court. The neighborhood is a mix of single family homes, townhomes, and condos.

There are a few different styles of townhomes in Tapestry. There are the colonial style townhomes located in cul de sacs around a parking lot. These homes offer 3 bedrooms, either 1 1/2 or 2 1/2 baths, and some include basements, and possibly a balcony off of the master bedroom. They range in square feet from approximately 1,530 sq. ft. to 1,731 sq. ft.

There are also townhomes that have more of a Spanish flair to them located more in the center of the development. These townhomes offer 3 - 4 bedrooms, 1 1/2 to 2 1/2 baths, 2 balconies (one off of the master and the other off of the 2nd bedroom) and some include a basement as well. They range in size from approximately 1,469 sq. ft. - 1,842 sq. ft.

Another section of Tapestry offers colonial style townhomes with garages and off street parking. These homes range from 2 - 3 bedrooms all with 2 1/2 baths and a few with basements. They range from approximately 1,664 sq. ft. to 1,856 sq. ft.

There are also a few different style of condos in Tapestry. The smallest are the 1 bedroom 1 bath condos that are approximately 900 sq. ft. Next, are the 2 bedroom 2 bath condos that are approximately 1,064 sq. ft. Some of the second floor condos also offer a large loft. Both the 1 and 2 bedroom condos have parking lots.

There are also some condos on Independence Dr. that offer garages and/or off street parking and they are approximately 1,156 sq. ft. with have 2 bedroom and 2 baths.

There are a few associations in Tapestry. Everyone pays into the master association, Penns Court, which costs approximately $190 per quarter and pays for Snow Removal, Trash Removal, Swim Fee, Tennis Court, Club House & Play Ground. The colonial and Spanish style townhomes only pay this association fee.

The colonial style townhomes that offer garages and off street parking pay a bit more approximately $215 per month as their association fee includes all lawn care, snow removal, tennis courts, swimming pool, playground and club house.

The condos that do NOT offer off street parking, or garages pay approximately $101 per month to the condo association and $190 per quarter to Penns Court for an average of approximately $165 per month.

The condos that do have garages and/or off street parking pay approximately $166 per month which covers all lawn care, snow removal, tennis courts, swimming pool, playground and clubhouse.

The associations do charge a one time capitol contribution due from the buyer at settlement. The Penns Courts fee is approximately $250 and the condo association fee is approximately $400.

Rolling Hills Elementary, Holland Middle School, & Council Rock High School Southserve the Tapestry Community. Map of Tapestry

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Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Homes Sold in Makefield Glen n the First Quarter of 2012 & Homes For Sale

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Wed, 04 Apr 2012 12:48:25 -0700

Homes For Sale in Makefield Glen, Yardley

Homes Sold in Makefield Glen in the First Quarter of 2012

Makefield Glen is a neighborhood built in the early 1990’s by Toll Brothers. It is located off of Heacock Rd. inYardleynot far from Mcaffrey’s. The largest models are in the Aspen Woods section and these are 3 bedroom 2 ½ bath townhomes with a garage, a basement, and possibly a loft as well.

The Spruce Mill section of Makefield Glen offers townhomes & condos. There are two styles of townhomes the Brockton or Lexington. The main difference between the two is the Brockton is an end unit and the Lexington is an interior unit, but their layouts also differ a bit. Both of these models offer 2 bedrooms 1 1/2 baths and a basement. When Toll Brothers built these homes there were a few options such as adding a 2nd full bath which is why some homes are called a

Brockton or Lexington Elite, and the new owners could also opt for a 3rd floor loft. The Spruce Mill condos include the Manchester (2 bedroom 2 bath first floor condos) and the Portsmouth models (2 bedroom 2 bath 2nd floor condos with a loft). The Cedar Hollow section offers 2 bedroom & 2 bath condos plus a garage.

The Makefield Glen Condo Association fees are and include the following listed below. To contact the Makefield Glen Condo Assoc # (215) 321-3640.

Aspen Woods: Approximately $200 per month and pays for Common Area Maintenance, Exterior Building Maintenance, Lawn Maintenance, Snow Removal, Tennis Courts. There is an additional annual fee of approximately $170 for the swim fee. There is also a capitol contribution of approximately $800 due from the buyer at settlement.

Spruce Mill: Approximately $165 per month and pays for Common Area Maintenance, Exterior Building Maintenance, Lawn Maintenance, Snow Removal, Tennis Courts. There is also an additional annual fee of approximately $170 for the swim fee. There is also a capitol contribution of approximately $500 due from the buyer at settlement.

Cedar Hollow: Approximately $195 per month and pays for Common Area Maintenance, Exterior Building Maintenance, Lawn Maintenance, Snow Removal, Tennis Courts. There is also an additional annual fee of approximately $170 for the swim fee. There is also a capitol contribution of approximately $500 due from the buyer at settlement.

Afton Elementary, William Penn Middle School, and Pennsbury High Schoolserve the Makefield Glen community. Map of Makefield Glen.

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Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Homes Sold in Newtown Grant In The First Quarter of 2012

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Wed, 04 Apr 2012 12:27:35 -0700

Homes Sold in the 1st Quarter of 2012

Homes for Sale in Newtown Grant , Newtown, PA

Newtown Grant is a neighborhood containing approximately 1200 residences consisting of single family homes, townhomes, and the condos in Society Place. Newtown Grant is located off of 413 on your way out of Newtownjust before hitting Wrightstown and the neighborhood expands the whole way across Eagle Rd. at the other end. Growing up in Newtown it seemed your friends either lived here, or in Village Shires. The neighborhood offers many ammenities including a pool, clubhouse, basketball courts, a baseball field, tennis courts and a preschool (though not part of the association fee).

The association fee for Society Place is approximately $155 per month and includes Common Area Maintenance, Exterior Building Maintenance, Lawn Maintenance, Snow Removal, Trash Removal, Swim Fee, Tennis Court, Club House & PlayGround.

The Newtown Grant association fee for the townhomes is approximately between $95 - $139 per quarter and includes Common Area Maintenance, Club House, Play Ground, but there is an Extra Pool Fee. Newtown Grant Association Website.

Newtown Elementary, Newtown Middle School, & Council Rock North High School serve the Newtown Grant community. Map of Newtown Grant.

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Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Easter Egg Hunts & Breakfasts With The Easter Bunny In And Around Newtown Bucks County

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Tue, 27 Mar 2012 09:07:45 -0700

This weekend starts off the local Easter Egg Hunts & Breakfasts With The Easter Bunny. Here are a few local events in and around Newtown Bucks County you can take the kids to.

Newtown Borough Easter Egg Hunt: Saturday March 31st starting at 9 am at Pickering Manor Field on the corner of Jefferson St. & N. Lincoln Ave. There will be prizes & a ton of candy filled eggs for the kids to find. Event is free & for children of all ages.

Breakfast With The Easter Bunny:Saturday March 31st 9 am - 11am at the Forrest Grove Village Pre-schoo. Cost is $8 per child & $12 per adult. There will be a breakfast buffet, music, activities, goodie bags & a visit from the Easter Bunny. Call to make sure there are seats available (215) 350-2824.

Buckingham Easter Egg Hunt: Saturday, March 31, at Holicong Park. Besides the usual exciting and rewarding scrambles for goodies, there will be fun activities such as bunny sack races, duck pond fishing, and Easter bonnet making. Children are encouraged to bring along a colored drawing to be judged. contact: 215.345.5355 or info@buckinghampacivic.org

Shady Brook farms Eggstravaganza: April 1, 6 & 7 from 11 AM to 4 PM. $8 admission includes wagon ride, bag for eggs, 6 candy-filled eggs, prizes and a visit from the Easter Bunny.

Hope you have a great time with the kids!

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Hear What Clients of Mine in Washington Crossing Had To say About Working With Me

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Mon, 26 Mar 2012 11:33:19 -0700

"My husband and I had been using my father-in-law's home in Washington Crossing as a weekend retreat from NYC for 10+ years. As the size of our family grew we realized we wanted a weekend place of our own in the area, and we found Dale on the web. We knew nothing about him, but liked his
honesty and flexibility from the start. At the time we weren't sure if we were buying a condo or house, nor where we sure exactly what town was the best fit for us. Showings with buyers that live 60 miles away could be a scheduling challenge, but Dale always managed to multitask and get enough houses on the schedule to make it worth the drive, even if we weren't able to give much notice. He always kept our inbox updated with the latest listings, and would answer all of our questions, both home related and neighborhood/town related promptly and with clear answers. While touring homes, Dale would always present his honest opinion, the good and the bad, was never pushy, and always came up with things I had overlooked. The process took 8 months, and throughout that time we never told Dale we were 100% sure we were even buying - it had to be the right fit, and Dale understood. Once we did find our home, Dale was so supportive through the process, and managed to provide solid recommendations --- from locksmiths to carpet cleaners, everyone he sent us was trustworthy and honest. We felt completely taken care of; we wouldn't hesitate to recommend him to anyone looking for a primary home or weekend retreat." Josh and Ashlee Listanowsky

If you are looking for a new home in Washington Crossing or the surrounding area in Bucks County & want to work with a Realtor who provides this type of service give me a call. Bucks County is a great place to live & a wonderful get-a-way if you are looking for a 2nd home.

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Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Buyers Purchasing Power At Record High!

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Thu, 22 Mar 2012 10:12:58 -0700

The Housing Affordability Index has reached a record high meaning the average buyer has the strongest purchasing power today than ever before. The Housing Affordability Index first began record keeping in 1970 and this is the first time the index has gone over 200. The article on NAR's website states, "NAR’s Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power." This is phenomenal news!

The article on NAR's website goes on to say, "An index of 100 is defined as the point where a median-income household has exactly enough income to qualify for the purchase of a median-priced existing single-family home, assuming a 20 percent downpayment and 25 percent of gross income devoted to mortgage principal and interest payments." At 206.1 the index shows the average household has more than double the purchasing power they need.

There is more great news in Bucks County as well. Sales are picking up, inventory is decreasing & mortgage rates remain at historic lows. Through February Single Family Home Sales are up 10.41% and Bucks County Condo Sales are up 18.33% from the year before. This all culminates in a fantastic opportunity to become a homeowner & is finally giving those who want to move up a great opportunity as condo sales are up & purchasing power is at an all time high.

If you are thinking about buying, or selling in Bucks County give me a call to see how I can help you accomplish your goals and help you find your perfect home.

Testimonials

If you are still on the fence, but want to learn more about the Homebuying Process checkout the Buyer's Section on my website

http://www.BucksCondoKing.com

Here you will find:

The A-Z Guide On Buying Your Home In Bucks County

10 Questions You Must Ask When Buying Your Home In Bucks County

Sellers: Fill out the What's The Property Worth form below to see What Homes Are Selling For In Your Neighborhood. You can choose how often you'd like to be updated on recent sales & which homes are currently on the market.

7 Deadly Sins Even Smart Sellers Make

How To Sell Your Home For Top Dollar In Bucks County

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Temple Main Campus Rental Great Location Rents Under $500 per Room

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Tue, 20 Mar 2012 11:42:05 -0700

Temple Main Campus Rental Great Location Rents Under $500 per Room

1707 W. Montgomery Ave. is a huge 2,700 sq. ft. townhome located on a great block very close to Temple's main campus. This 7 bedroom home offers large rooms, with a giant living room, dining room & yard as common space. There are 2 full kitchens with built in microwaves one on the first floor & one on the 3rd floor, 2.5 baths with the powder room with washer & dryer on the first floor, and then a full bath on the 2nd & 3rd floor. House has Central Air throughout & the owner pays for the security system. No pets. No smoking.

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One bedroom is really large and in the past tenants have shared the room to cut down on costs so rent can be split 8 ways. here's how it breaks down right now.

Large Room $370.94 a piece

1 Room $411.23

2 Rooms $437.50 a piece

3 Rooms $490.63 a piece

Total: $3,500 per month

Tenant's pay for all utilities including cable & internet. Gas, Electric & Water averaged approximately $75 per person per month. This is a great house for a large group of friends.

Contact Dale: dale@thecosackteam.com for all showings

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Buying A Home in Bucks County Hear What Clients had To Say About Working With Me

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Tue, 13 Mar 2012 10:29:00 -0700

Recently, I helped first time homebuyers looking for a home in Morrisville, PA. Here's what they had to say about working with me.

"Found Dale on a website selling a house we wanted to checkout. Dale's communication played a key role in convincing us we wanted to work with him. We can't say enough about how great a job Dale did! Dale did a wonderful job negotiating. He was able to get the house we wanted at the price we wanted. He also followed up on repairs that were promised to us and made sure those were finished by settlement. His expertise on negotiating using our strong points came in handy. On top of this, Dale was friendly, intelligent, helpful & honest. He made himself available to meet with us any time. His response time was phenomenal and even communicated on a daily basis some weeks. Dale also went out of his way for us. He picked up Pete when he didn't have a way to get to the signing and made many recommendations and referals so that we could fix up the house. Dale exceeded our expectations." Pete & Laura

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More Testimonials

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Another Happy Buyer in the Eagle Ridge Community in Newtown Crossing

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Fri, 02 Mar 2012 09:30:09 -0800

I recently helped a client purchase a renovated home in the Eagle Ridge Community in Newtown Crossing. Here's what Danielle had to say about working with me.

"I called Dale to see a house he was the agent for and liked his honesty & knowledge. Dale was very helpful, patient & honest. I would definitely recommend him to friends & family & will reach out to him in the future when I am ready to buy or sell again."

Homes For Sale in Eagle Ridge in Newtown Crossing

Eagle Ridge is a subdivision of Newtown Crossing. The community was built in the late 1980's by Paparone Builders and sits between Richboro Rd. (Rt. 332) and Bucks Rd. (Rt. 532). The townhomes range in size from about 1,200 - 1,900 sq. ft. and offer 2 - 3 bedrooms and up to 2.5 baths on average.

The Eagle Ridge Association is approximately $165 per month and covers Common Area Maintenance, Exterior Building Maintenance Lawn Maintenance, Snow Removal, Trash Removal, Swim & Club House Fee. There is a one time capitol contribution due from the buyer at settlement that is approximately $330 or 2 months worth of association fees.

Goodnoe Elementary, Newtown Middle School, & Council Rock North High Schoolsserve the Newtown Crossing community.

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All info deemed reliable but not guaranteed.

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Landlords Make Sure You C.Y.A.

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Mon, 06 Feb 2012 11:09:59 -0800

You don’t have to be a landlord to know what C.Y.A. stands for. “Cover Your A --” is the acronym’s long form and you can be sure that politicians, lawyers and bankers everywhere know what it means, landlords must, too. If you are an experienced real estate investor, you already know this. If you are a beginner, or someone who has become an “accidental” landlord because you’re renting what used to be your primary residence, then it’s best to learn how to CYA by reading about it, rather than from experience.

Last month this issue became paramount for us. My first home, a small 2 bedroom townhome in Manayunk, which has been a rental for 5 years, caught fire. Thankfully nobody was hurt. However, the house suffered not only from the fire & smoke damage, but the water damage, the breaking of windows and doors have all taken a toll. Thankfully we took the time to make sure we had the right insurance coverage so we could C.Y.A ourselves in this situation. It’s an issue I discuss with all investors especially the “accidental” landlords.

Not all insurance is the same and it is important to review your needs with an insurance agent who understands rental properties. Sure there’s the cost of rehabbing the house, but what about the loss of income over the months the house sits vacant? Thankfully there is coverage for that.

Another factor of C.Y.A. is knowing when to ask for help. I know a lot about investment properties, love running the numbers, and figuring out the potential R.O.I. What I don’t know anything about is how insurance companies handle claims. Thankfully there are Public Adjusters who deal with this on a daily basis. If you don’t know what you’re doing find someone who does. We met with a Public Adjuster to see what they could do for us and I’m glad we did. They explained that fire & smoke causes more damage than you see. It’s not just about cleaning up, but making sure there’s no hidden damage that can rear its ugly head after you have settled your claim. One example they gave was that the walls can be washed with chemicals and then be ready to paint, but another concern is whether the insulation been effected by the smoke. They told me a story about a house that had been cleaned up after a fire, but months later when the owners turned on the heat the house wreaked of smoke. After the owners had already settled their claim and spent all of the money to rehab the house they found out they missed a crucial issue and the only way to fix it was to tear down the walls and insulation, then start over. What a nightmare! I’m glad there are companies out there that specialize in this so they can take the weight off our shoulders.

Another C.Y.A. technique which covers more than insurance claims is how your lease is written. Make sure you know who is responsible for what and that it is spelled out in your lease. In Philadelphia they give out fines if your trash cans are left out too long, or if there’s too much debris on the sidewalk. It would be a shame to lose money each month because your tenants aren’t adhering to the rules. Make sure you spell it out in the lease. Who’s responsible for mowing the lawn, shoveling the sidewalk, pests, minor repairs etc. Make sure you think it through so you know what you are agreeing to. This comes back to the fire issue again with who is responsible for the tenant’s possessions. I don’t want to guess how much coverage they need so make sure it’s written in the lease that they are responsible for their items and must have renter’s insurance.

There’s a lot to think about when becoming a landlord and you must protect yourself. It’s an issue I could go on and on about, but have run out of room. If you have questions about protecting yourself through LLC’s, or anything regarding rental properties don’t hesitate to ask.

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Homes Sold in Newtown Grant in 2011 & Homes For Sale Today in 2012

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Fri, 03 Feb 2012 15:02:01 -0800

Homes for Sale in Newtown Grant , Newtown, PA

Homes Sold in Newtown Grant in 2011

Newtown Grant is located off of 413 on your way out of Newtownjust before hitting Wrightstown and the neighborhood expands the whole way across Eagle Rd. at the other end. Growing up in Newtown it seemed your friends either lived here, or in Village Shires. The neighborhood offers many ammenities including a pool, clubhouse, basketball courts, a baseball field, tennis courts and a preschool (though not part of the association fee).

The association fee for Society Place is approximately $155 per month and includes Common Area Maintenance, Exterior Building Maintenance, Lawn Maintenance, Snow Removal, Trash Removal, Swim Fee, Tennis Court, Club House & PlayGround.

The Newtown Grant association fee for the townhomes

is approximately between $95 - $139 per quarter and includes Common Area Maintenance, Club House, Play Ground, but there is an Extra Pool Fee.

Newtown Grant Association Website.

Newtown Elementary, Newtown Middle School, & Council Rock North High School serve the Newtown Grant community. Map of Newtown Grant.

To receieve your free "Insiders Guide To Buying or Selling A Home In Bucks County" click here on the Contact Tab and fill out your info. letting me know if you are interested in Buying or Selling and I will pop it in the mail to you at No Cost and No Obligation to you.

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All information deemed reliable but not guaranteed

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Another Happy Client in the Mt. Eyre Neighborhood of Washington Crossing

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Tue, 31 Jan 2012 15:15:49 -0800

Recently, my teammate Susan Salvato helped a past client in the Mt. Eyre neighborhood of Washington Crossing sell her beautiful home. Here's what she had to say about Susan and The Cosack Team.

"I first met Susan Salvato in 2004 while embarking upon the process of finding a house in Bucks County. She patiently and diligently worked with me for over three years until I found my “dream home.” I was so happy with the experience that when it came to sell my house last year, I knew instantly that Susan would be the person for the job. Given her market expertise, professionalism, and attention to detail, it was no surprise that we managed to find a buyer for the house in a matter of weeks. Moreover, she helped to make the entire selling process as smooth and stress-free as possible, researching questions and addressing issues for me when I couldn’t be at the house, and proactively communicating every development along the way – not a moment went by when I was “out of the loop.” Last but not least, it was always good to know that the entire Cosack Team was working together, ensuring that there were never any gaps in coverage. I really can’t say enough positive words about Susan Salvato and the Cosack Team, and would certainly turn to them again should I have another opportunity to buy a house in Bucks County."

If you are looking to buy or sell your home in Bucks County give us a call to see what we can do for you.

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Bucks County To NYC In 90 Minutes or NYC TO Bucks County in 90 Minutes: Depends on What You're Looking For

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Tue, 31 Jan 2012 14:29:30 -0800

One of the great things about Bucks County is it's proximity to major cities. This works both ways. I currently have clients from New York City who grew up in Bucks County and are looking for a home in a bucolic setting to get away on the weekends. I've also had clients who actually commute to NYC everyday for work. This past weekend my wife & I were looking for some excitement so we dropped the kids off at Nanny & PopPops in Newtown & hopped on the train from Trenton & were in NYC before lunch!

It was awesome! We jumped on the subway, but at our first transfer we realized all of the trains weren't running smoothly and we had to backtrack and get on another train to go forward again so we decided to get off at W. 4th St. and decided to walk to my brothers place in the Lower East Side. When we got out of the subway we were right across the street from Galanga a Thai Restaurant we actually had reservations for that night. We walked through Washington Square Park where this guy was playing his piano which was a cool sight to see.

We were starving at this point, but just two doors down from my brothers place is this great Sushi Restaraunt Jin. During happy hour they offer $3 plates and brews which was phenomenal. I ordered the pork dumplings, alaska roll, spicy crunchy crab roll, sashimi, edamame & a couple Stella Artois. We shared the sashimi & edamame, but Juli still couldn't finish her meal. Great place, great price, fun place to start our day!

Then we wandered around the Lower East Side with some coffee and popping in and out of different bars. One great bar The Red Lion was great. I was born and spent a few early years in England and my grandparents hang out was The Red Lion. We step into this place and the bartender and a couple of guys at the bar are all watching soccer (football as they say) and rugby and they all hail from England & Ireland. We caught a couple of more Stellas while listening to two guys cover some classic rock ballads which made for an even better atmosphere.

We wandered around some more looking in galleries and then headed back to my brothers so we could stop by the new Top Hops Beer Shop. I know I'm sounding a bit like an alcoholic here with all the bars, but with 3 boys at home we don't get out to often and NYC had too much to offer. I picked up a bottle of Allagash IPA. One of the smoothest IPA's I've ever had.

Juli who is practically allergic to everything including wheat and lactose was excited because just around the corner from Top Hops Beer Shop is Baby Cakes a vegan, gluten & dairy free cupcake shop which she said was delicious.

Then we headed out for dinner at Galanga! I had the Crying Tiger which once I realized I needed to toss it to get the sauce at the bottom to coat everything was really good. Juli had shrimp wrapped in rice wraps that were fried. Enjoyed the atmosphere and the food.

Then we headed back out for the night. We met up with my brother and basically followed him as he showed us some local bars that at this point I can't remember the names of. What I do remember is stopping for a late night snack at Crif Dogs. Wow! I could have tried every type of hot dog they offered. It was delicious and many things I never would have thought topping a hot dog with.

The next morning we met up with some of Juli's friends for brunch at Bondi Road. Another great place! For either $20 or $25 depending on the meal you chose you got a great breakfast and 5 drinks. I ordered The Heart Stopper which was steak, poached eggs, hollandaise sauce & fries which really helped after a long night. They made some great bloody maries too!

All in all it was a great weekend for us! It's a nice perk living in Bucks County. You can get to Philadelphia in 45 minutes and New York City in 90. Bucks County is also great for New Yorkers who want to escape to a country setting for a weekend. My clients just found a great house in Washington Crossing and are looking forward to enjoying some time away from NYC in our great area.

If you are thinking about looking for homes in our area learn all about our Newtopias and what each town has to offer. If you are interested in less maintenance and want to learn more about condos or townhomes checkout the Bucks Condo King site for all you will ever need to know about condos or townhomes. You can search for Homes For Sale from both sites. Of course, if you have any questions about a home, neighborhood, or real estate in general please don't hesitate to ask. That's what we are here for!

All puictures were taken by my wife Juli Cosack. Checkout all of her artwork at http://www.julitoons.com/Site/Julitoons.com.html

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Tapestry, Holland PA Real Estate Market Update & Homes For Sale

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Fri, 13 Jan 2012 13:14:33 -0800

In 2011, 11 Homes Sold in Tapestry in Holland, PA & currently there are 5 Homes For Sale in Tapestry.

There are also some condos on Independence Dr. that offer garages and/or off street parking and they are approximately 1,156 sq. ft. with have 2 bedroom and 2 baths.

The condos that do have garages and/or off street parking pay approximately $166 per month which covers all lawn care, snow removal, tennis courts, swimming pool, playground and clubhouse.

The associations do charge a one time capitol contribution due from the buyer at settlement. The Penns Courts fee is approximately $250 and the condo association fee is approximately $400.

Rolling Hills Elementary, Holland Middle School, & Council Rock High School Southserve the Tapestry Community. Map of Tapestry

All information deemed reliable but not guaranteed
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Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Makefield Glen Real Estate Market Update For All of 2011 & Homes For Sale in Makefield Glen

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Wed, 11 Jan 2012 12:35:00 -0800

Homes Sold in Makefield Glen in 2011

Homes For Sale in Makefield Glen Real Estate

In 2011, 25 Homes sold in Makefield Glen ranging from $180,300 for a Manchester Model in Spruce Mill to $360,000 for an Afton Elite in Aspen Woods. The link above shows all of the homes and what they sold for in 2011.

Currently thee are 7 Homes For Sale in Makefield Glen.

Makefield Glen is a neighborhood built in the early 1990’s by Toll Brothers. It is located off of Heacock Rd. inYardley not far from Mcaffrey’s. The largest models are in the Aspen Woods section and these are 3 bedroom 2 ½ bath townhomes with a garage, a basement, and possibly a loft as well.

The Spruce Mill section of Makefield Glen offers townhomes & condos. There are two styles of townhomes the Brockton or Lexington. The main difference between the two is the Brockton is an end unit and the Lexington is an interior unit, but their layouts also differ a bit. Both of these models offer 2 bedrooms 1 1/2 baths and a basement. When Toll Brothers built these homes there were a few options such as adding a 2nd full bath which is why some homes are called an Brockton or Lexington Elite, and the new owners could also opt for a 3rd floor loft. The Spruce Mill condos include the Manchester (2 bedroom 2 bath first floor condos) and the Portsmouth models (2 bedroom 2 bath 2nd floor condos with a loft). The Cedar Hollow section offers 2 bedroom & 2 bath condos plus a garage.

The Makefield Glen Condo Association fees are and include the following listed below. To contact the Makefield Glen Condo Assoc # (215) 321-3640.

Afton Elementary, William Penn Middle School, and Pennsbury High Schoolserve the Makefield Glen community. Map of Makefield Glen.

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Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067

Newtown Borough Real Estate Market Update All Homes Sold in 2011 & Homes For Sale in 2012

Dale Cosack (Prudential Fox & Roach Realtors - Newtown) — Fri, 06 Jan 2012 15:49:34 -0800

In 2011, Newtown Borough saw 22 homes sell. Homes Sold In Newtown Borough in 2011, Real Estate Market Update. The prices ran from $153,000 for a condo in Newtown Park Plaza to a high of $780,000 for a home in Newtown Station. The average days on market were 158 and the average sales price to original list price was 90.82%.

So 2011 was fairly similar to 2010 in Newtown Borough when 20 homes sold with an average days on market of 125 & an average sales price to original list price was 92.74%. The lowest price then was $158,000 for a condo in Newtown Park Plaza & the highest price was $1,400,000 for a brand new single family home on Washington Ave. The 2nd highest price was $765,000 for a home in Newtown Station so if we remove the brand new single family construction the years look very similar.

Currently, there are 11 Homes For Sale in Newtown Borough.

For the first time in ages we are seeing some positive reports on the economy, jobless rate, stock market and yes, even the Real Estate Market. We are not heading back to the crazy days of 2006/2007 but there is a pent up demand. Lots of people rented or put off moving due to fear and uncertainty. During the latter part of 2011 we started to see the fear dissipate and now with some positive headlines people are jumping into the market in the hopes of catching some of the lowest rates in history!!!

If you have questions about any of these homes give us a call or send an email. For up to the minute info on homes for sale in Newtown Borough, go to www.newtownborough.com

DON'T MAKE THE MOVE WITHOUT US!

The Cosack Team... Kim, Susan & Dale

Bucks County Condos & Townhome Communities

Bucks County Condos & Townhomes For Sale

Dale Cosack

Bucks Condo King

Prudential Fox & Roach Realtors Newtown, PA

dale@thecosackteam.com

#215-860-4067