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bucks county real estate inventory: The Single Girl's Guide to Real Estate in Bucks County - Are you in? - 03/30/09 07:01 PM
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bucks county real estate inventory: I Don't Need All the Business...Just the Right Business - 03/30/09 01:49 PM
I've been posting on Trulia for a few weeks now (see my profile here), and one thing I've noticed about some Realtors...
Man, they don't want to give up a paycheck, do they? 
I've seen agents claim to be experts in Philadelphia and the surrounding counties.  Not one or two counties- like ALL of them.  Now, seriously, how is that possible?
I've seen people jockey to be first to answer any post that comes up, hoping to beat all the other agents out to "get the business."
I'm a pretty smart person.  In fact, I'm probably a little vain about … (7 comments)

bucks county real estate inventory: Bucks County Real Estate Inventory - February 2009 - 03/01/09 07:19 PM

Bucks County has seen some positive movement on the Months Supply of Inventory (the number of months it would take to sell all the homes on the market at the current sales rate).  Our December numbers were 16.2 months, which was the highest MSI (Months Supply of Inventory) we had seen in over two years.  Our January 2009 number dropped to 13 MSI, and February ended at 11.2 MSI.  Although it's an increase of 42% from Febrauary 2008, and 110% from February 2007, I'm pleased to see a consistent trending downward of the MSI since our high in December. 
 
 
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bucks county real estate inventory: Bucks County Real Estate Inventory - December 2008 - 01/30/09 07:12 PM
 
We saw an increase in the Months Supply of Inventory from our November numbers of 14.7 months supply of inventory.  As of December, we currently have 16.2 months supply of inventory of single family homes, an increase of 76% over two years.
What does this mean to Sellers in Bucks County?   
Well, what it doesn't mean is that you'll never be able to sell your home in this market.  Homes sell every day, and not all of them are distressed, well-under-market, deal-of-the-century sales.  There are plenty of people selling their homes at market value, and moving forward with their … (2 comments)

bucks county real estate inventory: Bucks County Real Estate Inventory - November 2008 - 12/09/08 01:08 PM
Thanks to one of my favorite clients Fabio for asking the question that spawned a blog.  I've been having a bit of writer's block recently. 
Anyway, Fabio asked how November turned out after reading my post showing the months supply of inventory on the market in October 2008.

 
The answer?  Better.
 
 
 
We finished November of 2008 with 14.7 months supply of inventory of single family homes in Bucks County. Sure, it's up 53% from November 2006, and 34% from November 2007.  However, it's down from our October number of 15.7. (Go us!)
Looking at the two … (2 comments)

 
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Heather Oberhau, Bucks County Real Estate, e-PRO

Newtown, PA

More about me…

Prudential Fox & Roach

Address: Heather@SoldbyHeatherO.com, 677 S. State Street, Newtown, PA, 18940

Office Phone: (215) 860-9300 x 4778

Cell Phone: (215) 584-2700

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