Matt 's Blog

First Day of Spring in Moorestown Means a Free "Wooder" Ice from Rita's. Yum!

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Thu, 19 Mar 2009 16:14:02 -0500

Tomorrow is the First day of Spring. In Moorestown and throughout the region that means a Free "Wooder Ice" from Rita's.

Although you can now find a Rita's in about 19 states plus the District of Columbia, it's heritage is pure Philly! I'm sure those folks ordering at Rita's outside of the Philadelphia region mistakingly call it water ice, instead of the correct Philly pronunciation of "Wooder Ice."

For the past 16 years or so, participating Rita's have sweetened the first day of Spring for everyone by offering a water ice free of charge. You simply can't beat that! Things just seem happier when you're suffering a Rita's brain freeze!

If you are driving around Moorestown, Cinnaminson, Mount Laurel, Pennsauken or Cherry Hill tomorrow be on the lookout for a Rita's and stop in to brighten your Spring Day. Just make sure you do so after 12noon and before 10pm!

To find a Rita's near Moorestown, or your home, go here.

Originally posted at www.matthewmoxhay.com

Do You Want the "Best Deal" or the Right Deal?

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Wed, 18 Mar 2009 09:05:20 -0500

Are you out looking to buy a home and searching for the absolute Best Deal available, or are you looking for the Right Deal? Do you think they are the same thing?

It has been my experience that there is a subtle, yet significant, difference between the "Best" deal and the "Right" deal. Buyers start out looking to land the absolute best deal. Makes sense,and it's my responsibility to help my clients get the best deal possible. The problem I see lies in the quest. Somehow the search for the right deal, the one that best suits their needs, is ignored.

Many times buyers will take on the roll of Captain Ahab and their pursuit of a home becomes a singular quest to land the best deal, irregardless of the consequences. They shrug off their own stated objectives and set off to see every distressed sale that comes up in their price range, certain that they will hook the deal of the century. This causes some to look in areas outside of their knowledge, moving them further into uncharted waters. Others still want to increase their price range in hopes of finding a whale of a deal for a package of sardines.

I completely understand wanting to get a "steal," but there might be unintended consequences.

For example if a home is "worth" 200K and you can buy it for 180K but it needs 30K in improvements is that a good deal? Or if it's worth 200K and you can buy it for 160K with only 20K of improvements needed is that a good deal if you don't have the 20K to make the improvements?

Focus more on a property that you can afford. And by afford, I mean ones that won't require more funds than you have available to become habitable. The amount of work can be subjective for sure. If you're like me, you're all thumbs and the only house "improvements" you're qualified to do relates to demolition! But, if you're like my father-in-law, there's not much you can't fix on your own. Plus, for the right situation, you might be able to get a loan that will allow you to finance some repairs.

So, here's what I think: The Right Deal is the Best Deal, but the Best "Deal" isn't always the Right Deal. If you're not able to discern the difference, then hopefully you're working with a realtor who can help.

Originally posted at www.matthewmoxhay.com

Maple Shade is Worthy of More than Just a Glance: Take a Good Look at 217 S Pine Ave..

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Wed, 04 Feb 2009 13:42:35 -0600

Downtown Maple Shade is definitely a favorite of mine, whether it's eating out at one of the many great places like Fontana's (I recommend the Big Phil), or shopping at the ACME for groceries, it's just a great town. Don't underestimate the convenience of having a supermarket on Main Street, Moorestown hasn't been the same since the "Little" Acme left the downtown area!

If you're someone that's looking to buy a home or condo, I would suggest you add Maple Shade to your list. It just so happens, that I have a wonderful option for you located on Pine Avenue! Imagine that:-)

Seriously, when you look at what Maple Shade has to offer with it's great Main Street, wonderful Parks and excellent location you'll quickly realize what an awesome value it offers those looking to buy real estate. I may be a bit biased, but one such value is 217 S Pine Ave. That link will take you directly to it's web site for information and photos, or you can scroll down to take a quick virtual tour.

217 S Pine is a fantastic home if you are just starting out or if you are winding down. With everything you need on 1 floor, there's no stairs to navigate and you can use the second floor bedroom as a guest room and place to store items you don't need all the time. Or if you're starting out you can use that second floor as your master bedroom. The fact that 217 S Pine is a home, not a condo, gives you lots of options: there's no "Association" to deal with.

One thing people comment about is how inviting the home is as they enter into the living room and how welcome they feel once inside. At the back of the home, along with a bedroom, is an office or study that opens up to a great deck. The current owners love how the home flows from the living room back to the deck: allowing them to entertain with ease, or relax together while also allowing them to have their own space when desired. What you'll find at 217 S Pine is that there is much more to this home than what you see at first glance. The same can be said about Maple Shade!

Take your "first glance" below via a quick virtual tour, then I recommend a personal tour to see how this home can accommodate you.

Click to Search The MLS

Can't Find What You Want in Voorhees? Consider this Wonderful Home at 26 East Rd in Gibbsboro

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Wed, 04 Feb 2009 12:32:17 -0600

Have you been searching in the Voorhees area for a home and not seeing anything that is the right fit? You may want to consider this beautiful brick ranch home situated on over a third of an acre in the quaint town of Gibbsboro nestled on the Voorhees border.

The home welcomes you into a spacious living room. Down the hall to the right are 3 generous sized bedrooms and the full bathroom. The large eat-in kitchen has been updated and makes a wonderful focal point for your home. Off the kitchen is a versatile mud room which leads to a spacious fourth bedroom. You’ll also enjoy the finished basement that already has a bar set up for you and is a perfect space for entertaining or simply enjoying each others company. The basement is completed with a craft or tool room along with additional space for storage.

Tired of staying inside? No problem, you have over a third of an acre to enjoy and use, along with a large shed that has electric. You may also find a good use for the 2 separate driveways on this wonderful property.

So for those of you who are searching in Voorhees and can’t find something that excites you, come on over for a visit. You’ll have the same excellent High School and you’ll have the great community feeling that only exists in a small town like Gibbsboro. See, you can have it all if you know where to look!

Feel free to take a quick virtual tour of this wonderful home below. You may also visit 26 East Road's web site for more photos and information.

Click to Search The MLS

Wonderful 3 Bedroom Ranch in Palmyra: Updated Kitchen Finished Basement, Much More..

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Fri, 23 Jan 2009 12:54:14 -0600

If you're looking for a combination of space, amenities, location and convenience, you may wish to consider 1009 Garfield Ave in Palmyra.

Located on a tree lined street of well kept homes just 2 blocks from a Park and less than a mile from the Shoppes at Cinnaminson, this home is an exceptional value.

The kitchen has been updated and offers plenty of cabinet space as well as counter space. Just about all of the windows have been replaced as well and there's a new water heater (1/09). The bathroom has also been updated and features beautiful Pella windows. The full basement is finished and offers a large family room, an office or extra bedroom, a laundry room and another bonus room for your arts and crafts or perhaps a workshop: you decide.

The back yard is completely fenced in and can be enjoyed from the large deck off the kitchen.

Please feel free to take a tour of this wonderful home below.

Some Food For Thought About Buying Your First Home Right Now

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Mon, 08 Dec 2008 14:12:46 -0600

Without knowing your specific situation and qualifications, I can't tell you whether or not it's a good time for you to buy your first home right now or not. Besides, without knowing me, would you believe me anyway?
What I would like to do is give people who are on the fence about buying their first home in South Jersey, whether it be in Mount Laurel, Marlton, Moorestown or in the surrounding towns some food for thought.
Are you aware of the Housing & Economic Recovery Act of 2008? More specifically, the First Time Homebuyer Tax Credit (section 3011)? If not, here are some of the attractive highlights of this bill. (Disclaimer: Always seek the advise of your Tax Advisor regarding your situation and how this Bill might effect you.)

First Time Homebuyers may be eligible to receive a $7500 tax credit (or 10% of the cost of the home, whichever is less). This "credit" is basically a no-interest loan that you repay a portion of (6.67% of credit) each year for 15 years. If you sell before it's repaid, then the remainder is due upon the sale of that home.
Even if you've owned a home before you may still qualify. If you (and your spouse) have not owned a principal residence in 3 years previous to the purchase, then you may qualify.
This credit is good for purchases on or after 4/9/2008 and before 7/1/2009. If you've already purchased your first home this year, make sure you tell your tax advisor about this credit.
There are income limits. The full credit is available to individuals with adjusted gross income of no more than $75,000 or $150,000 on a joint return. The credit phases out above those caps: $95,000 and $170,000 respectively.
If you buy a home after 12/31/2008 it might still be possible for you to get the deduction with your 2008 taxes. This was taken from the bill:
- "Election to Treat Purchase in Prior Year- In the case of a purchase of a principal residence after December 31, 2008, and before July 1, 2009, a taxpayer may elect to treat such purchase as made on December 31, 2008, for purposes of this section (other than subsection (c))."

The possibility that you could buy a home in 2009 and get this credit with your 2008 tax return is significant! Again, make sure you consult your tax advisor before making any assumptions about how this bill will effect you.

Another important factor for those that are on the fence relates to FHA and their downpayment guidelines. FHA is an excellent source for financing for many first time homebuyers because qualified buyers could get an FHA loan with just 3% down. That will change as of 1/1/2009. FHA will then require 3.5% for a down payment. For all the information you need about FHA financing, I encourage you to visit Jeff Belonger's blog. He's an FHA "Guru."

You may want to check my math, but an increase of .5% amounts to an additional $875 for a $175,000 purchase. The additional amount might not make a huge difference to you, but it is a piece of the puzzle and it just might be the final piece for you to have a complete picture of why now might be the time for you to get off the fence.

To find out if now is the right time for you to buy and take advantage of the opportunities that exist in this market, give me a call or send me an email. I'd be happy to discuss your options and help you determine which side of the fence would make the most sense for you.

Besides, sitting on the fence is really uncomfortable isn't it?

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Moorestown Real Estate Market Update YTD October 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Fri, 21 Nov 2008 16:21:15 -0600

Here’s the Moorestown Real Estate market update for October 2008. Pended units for October were down 8 and Sold units were flat compared to October 2007; listed units were down 18 versus 2007. This has led to a current inventory of 197 units. Moorestown has been averaging 16 units sold per month which means there is currently 12 months worth of inventory in Moorestown. This trails the overall Burlington County market, which has 10 months worth of inventory. Year to date listed units are down 56 (a 13% decrease), pended units are down 23 (a 13% decrease) and sold units are down 34 (a 21% decrease). See how this compares to the Burlington County Market.

Over the last 3 years the average number of units pended and sold in October was approximately 17 & 16 respectively. This October, there were 8 pended and 12 sold. The average Days on Market for the year is 103.

What does all this mean? If you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 10/2007-10/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Moorestown from 10/2007-10/2008. The average sold price is down 22% from October 2007 ($538,728) to October 2008 ($471,595).

If you are thinking of selling or buying in the near future, please don't hesitate to contact me directly at 856-222-5829. Or you may always visit me on line for tons of useful tips and ideas at no cost or obligation to you. I look forward to helping you reach your Real Estate goals.

*Market statistics as of 11/17/2008.

Camden County Real Estate Market Update YTD October 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Thu, 20 Nov 2008 19:27:00 -0600

Here is your October Camden County Real Estate market update. For October, listed units were down 273 units compared to October 2007, or a 35% decrease. Pended units for October were down 109, or a 38% decrease. Sold units were down 102, or a 31% decrease. This has led to a current inventory of 4319 units. Camden County has been averaging 347 units sold per month which means there is currently 12 months worth of inventory in Camden County. Year to date listed units are down 14%, pended units are down 34% and sold units are down 36%.

Over the last 3 years the average number of units pended and sold in October was approximately 517 & 543 respectively. This October, there were 290 units pended and 324 sold. The average Days on Market for the year is 81.

What does all this mean? It means that Camden County is a market to watch closely. In other words, if you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market.

The chart below provides you with the 10/2007-10/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Camden County from 10/2007-10/2008. The average sold price is down 5% from October 2007 ($217,468) to October 2008 ($206,403).

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*Market statistics as of 11/17/2008.

Burlington County Market Update YTD October 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Tue, 18 Nov 2008 19:59:56 -0600

Here’s your October Burlington County Real Estate market update. For October, listed units were down 302 units compared to October 2007, or a 43% decrease. Pended units for October were down 102, a 46% decrease. Sold units were down 44 compared to October 2007, a 13% decrease. This has led to a current inventory of 3978 units. Burlington County has been averaging 366 units sold per month which means there is currently 10 months worth of inventory in Burlington County. Year to date listed units are down 17%, pended units are down 27% and sold units are down 28% versus 2007.

Over the last 3 years the average number of units pended and sold in October was approximately 483 & 475 respectively. This October, there were 274 units pended and 343 sold. The average Days on Market for the year is 89.

What does all this mean? It means that Burlington County is a market to watch closely. In other words, if you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market. If you see real estate as a long term investment, now is a great time to buy or “move-up” because the numbers are working in your favor.

The chart below provides you with the 10/2007-10/2008 numbers for listed, pended and sold units.

I’ve included a chart that shows the average list price and average sold price for Burlington County from 10/2007-10/2008. The average sold price is up 3% from October 2007 ($259,561) to October 2008 ($267,555).

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*Market statistics as of 11/17/2008.

Beautiful Ranch Home on a Quiet Dead End Street in Deptford New Jersey

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Thu, 13 Nov 2008 20:55:56 -0600

Pasadena avenue is one of the dead end streets that surround Almonesson Lake in Deptford New Jersey. Located on the last block of Pasadena, 1835 offers a peaceful retreat with no through traffic. You’ll feel miles away from it all, yet you’re just minutes from shopping and major thoroughfares to get you where you need to go quickly.

The ranch home is also ideal for those that are looking to downsize or need to have everything on the same level. The price, location, size and amenities also make this home an exceptional value for those that are looking to start experiencing the joys and benefits of home ownership.

First Time Home Buyers may also take advantage of the $7500 Tax Credit being offered through the Housing & Economic Recovery Act of 2008. For more information about how you can take advantage of this great credit send me an email, or simply give me a call at (856)222-5829.

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Technology is Great, But Not if You Can't Put Your Own Imprint On It

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Mon, 10 Nov 2008 21:40:26 -0600

I read a post by Seth Godin, that got me thinking about my recent trip to an Apple store. Apple stores aren't like Starbucks, there isn't one on every corner. My point being I had to go about 20 minutes out of my way to get to the store.

I was excited to go for a couple reasons: 1.) I would get to look at a bunch of shiny and pretty techy things and 2.) I was going there to get something special for my wife's "29th" birthday.
Once there, I bee-lined to the super shiny product I made the special trip for: the Ipod Touch. On my way I was greeted by a lovely lady named Ethel or Edna, I couldn't remember because of the "tech-induced" stupor I was in. She asked me my name and sincerely wanted to know how she could help. I told her I was looking at the Ipod Touch. Great, she would get someone to help. She made a call on her invisible radio (as if she's in the FBI or Secret Service) for assistance. No response.

I was in a bit of a hurrry, because I'm 20 minutes from home and I needed to be back in 30 minutes. So I headed to the front of the store and was greeted by "Todd" asking if he could help. Sure! I told him I'm looking at the Ipod Touch and could he answer a question or two about it? No problem. Hmmm. I couldn't help think, why didn't he come when Ethel, or Edna, called before? I noticed he wasn't wearing a super-spy device though.

"Todd" answered my question, or more appropriately, removed a concern I had about getting email on the device and I was ready to make the purchase. Cash or credit. You kidding "Todd?" I don't have that much cash in my account, credit;-)

Then I asked about the custom engraving. "Todd" looked at me....Oh, I'm sorry you can only get custom engraving when you order it online. Huh?! Ok, maybe I misread the very very fine print when I was on line, but I don't remember it clearly stating that engraving was only offered when you purchase the Ipod Touch on line. Hmmm. I stood there looking at the shiny and beautiful Ipod Touch for what seemed like 8 of my remaining 9 minutes.

What I was trying to do was give "Todd" a chance to make the most of this opportunity. I clearly wanted to buy this product and I clearly wanted to have it engraved for my wonderful wife. I was also standing in a store with a gazillion products that could get on line in the matter of seconds. Hmmm. "Todd" missed his opportunity and I walked out of the store without making a purchase. Perhaps even more important, I walked out of the store thinking of how much a simple "out-of-the-box" gesture could have radically changed my experience. But alas, all I could think of was the amount of time I had just wasted because of Apple.

So, when Edna or Ethel asked me about my experience as I was heading to the door with my head down, I had to think fast. I simply said everything was fine, knowing that not to be the case and knowing that the odds of me coming back to this Apple store were greatly reduced by this experience. But I didn't want to complain, because my alloted time for this trip was up. Hmmmm. I wonder if that's the experience Apple wanted me to have?

The trip got me thinking about how I run my real estate business. Each client has their own unique hot buttons, and each one gives me opportunities to either dazzle or dim. What I need to do is constantly realize that I've been given the privilege to help them. With that comes the responsibility to consistently impress. I have to be looking for ways to "Wow" them and "touch" them whether it's through technology or simply using the "human touch." That human touch can get lost amidst all this social media web 2.0 stuff. The point: technology isn't the end all be all, it's the means to improve and enhance a relationship.

Technology is great, but not if you can't put your own imprint on it.

There Could be Up To 1,000 Reasons To Visit This Open House in Voorhees on 11/9

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Thu, 06 Nov 2008 16:06:18 -0600

Make sure you stop by 97 Franklin Dr, in Voorhees between 2-4pm on Sunday the 9th of November to be part of Prudential Fox & Roach's Open House Extravaganza!! (Click on the Open House Icon to see How Many There Will be in your Price Range and Area of Interest)

As an agent, I get really excited when the company I've chosen to hang my license with really impresses me by operating outside the box to ensure the best possible exposure for my clients. This Open House Extravaganza is just that type of idea that further differentiates Prudential Fox & Roach from the other brokers in the area.

Prudential Fox & Roach operates in PA, NJ and DE and they have organized over 1000 Open Houses for this coming weekend of November 8th and 9th.

So if you think you might be making a purchase in South Jersey, and Voorhees is one of the towns you are considering, then I encourage you to stop by 97 Franklin Drive on Sunday.

The way this Open House Extravaganza is working, registering at my open house our any of the other 1000+ Open houses has the potential to give you up to $1000 reasons to make the trip. (If you missed the hint, click on that link for the details;-)

To find out more information regarding 97 Franklin Dr in Voorhees, click on that link or you can play the 60 Second virtual tour below. Whether or not you come by this wonderful home, make sure you get out to one of the 1000+ Prudential Fox & Roach Open Houses this weekend: there are up to $1000 reasons to do so!

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A Perfect Blend of Old World Charm with All of Today's Amenities in Clementon NJ

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Wed, 05 Nov 2008 21:28:15 -0600

Do you like the style, architecture and feel of older homes, but worry about maintenance and upkeep? What if you could find an older home that had the architecture you love and all the modern conveniences you were hoping for (a newer furnace, central air, windows, siding, etc)? 157 E Atlantic Ave in Clementon is that home.

This beautiful home was “reborn” back in 2005-2006 and it shows. The open floor plan on the first floor invites you in and creates a sense of harmony that’s unexpected and delightful. The kitchen is spacious and a perfect area to start your day and enjoy your peaceful surroundings. Here is your chance to get so much more than you thought possible, for so much less than you expected.

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Moorestown's 32nd Annual Candle Light Night, Friday November 7th

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Wed, 05 Nov 2008 20:51:49 -0600

It's that time of year again, when Moorestown shuts down Main Street and shows why it's such a wonderful Family oriented community. This Friday is Candle Light Night! From 6-9pm most of the businesses on Main Street will open their doors and welcome Moorestown residents in with various treats and favors. It's part open house, part carnival, part block party and a whole lot of fun!

This is the 32nd annual Candle Light Night and is sponsored by the Moorestown Business Association.

I invite you to come by the Prudential Fox & Roach office for some famous cheesecake, as well as cupcakes, cider, balloons and popcorn. Word to the wise, come early if you want the cheesecake:-) Also, there's a good chance I'll be manning the popcorn again this year so please stop by and say hello! I love handing out the popcorn, although I end up smelling like butter for a week!

If you're around town this Friday, the 7th, come on downtown. You're sure to see friends and neighbors and you're sure to have a good time.

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Mount Laurel Market Update YTD September 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Wed, 05 Nov 2008 10:34:35 -0600

Here’s the Mount Laurel Real Estate market update for September 2008. Pended units for September were up 4 and Sold units were down 21 compared to September 2007; listed units were up 11 versus 2007. This has led to a current inventory of 431 units. Mount Laurel has been averaging 47 units sold per month which means there is currently 9 months worth of inventory in Mount Laurel. This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 132 (a 13% decrease), pended units are down 178 (a 39% decrease) and sold units are down 210 (a 49% decrease). See how this compares to the Burlington County Market.

Over the last 3 years the average number of units pended and sold in September was approximately 59 & 71 respectively. This September, there was 44 pended and 36 sold. The average Days on Market for the year is 76.

The chart below provides you with the 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Mount Laurel from 9/2007-9/2008. The average sold price is flat from September 2007 ($281,877) to September 2008 ($282,164).

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*Market statistics as of 10/15/2008.

Moorestown Real Estate Market Update YTD September 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Wed, 29 Oct 2008 19:39:14 -0500

Here’s the Moorestown Real Estate market update for September 2008. Pended units for September were down 2 and Sold units were up 5 compared to September 2007; listed units were down 17 versus 2007. This has led to a current inventory of 206 units. Moorestown has been averaging 15 units sold per month which means there is currently 13 months worth of inventory in Moorestown. This trails the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 38 (a 9% decrease), pended units are down 17 (a 10% decrease) and sold units are down 34 (a 22% decrease). See how this compares to the Burlington County Market.

Over the last 3 years the average number of units pended and sold in September was approximately 13 & 17 respectively. This September, there were 12 pended and 16 sold. The average Days on Market for the year is 103.

The chart below provides you with the 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Moorestown from 9/2007-9/2008. The average sold price is up 68% from September 2007 ($350,187) to September 2008 ($590,705).

*Market statistics as of 10/15/2008.

Home Sellers: You Might Not Get A Second Chance to Make A First Impression

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Mon, 27 Oct 2008 15:35:13 -0500

Last Friday I was calling to set appointments for one of my buyer clients and was surprised that 2 of the 8 homes denied my showing times. Each homeowner had more than 24 hour notice: these were not last minute calls so I couldn’t imagine why the sellers denied the showings. The buyers went through the other 6, found one they liked and we negotiated an accepted offer.

If your home is on the market you have to realize that you might not get a second chance to make a first impression.

Try not to think of it as your home anymore. Think of it as if you’re a host to a potential buyer’s party. The more they enjoy that party, the more likely they’ll want to stay! Heck they may even pay your desired cover charge to stay;-)

What you do when you’re hosting a party:

You clean your home.
You try and think of what your guests might want so you can accommodate them.
You’ll send an invitation with directions on how to get there.
You’ll welcome your guests, even if they come early or late.

What you don’t do when you’re hosting a party:

Leave your home cluttered and dirty. That might be how you live in it from time to time, or all the time in some cases, but not how you would want your guests to see it.
Only have what you want to drink or eat with little thought of what your guests like and want.
Make sure your home is hard to find.
Send out an invitation only to cancel without telling anyone.
Deny any guest entry who is even a minute or two too late or early.

Now, if you’re the one bringing the money, which party would you rather go to?

Marlton Real Estate Market Update YTD September 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Mon, 27 Oct 2008 14:52:43 -0500

Here’s the Marlton Real Estate market update for September 2008. Pended units for September were flat and Sold units were down 1 compared to September 2007; listed units were down by 15 units versus 2007. This has led to a current inventory of 421 units. Marlton has been averaging 43 units sold per month which means there is currently 9 months worth of inventory in Marlton. This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 63 (a 6% decrease), pended units are down 82 (a 17% decrease) and sold units are down 119 (a 28% decrease). See how this compares to the Burlington County Market.

Over the last 3 years the average number of units pended and sold in September was approximately 59 & 55 respectively. This September, there were 42 units pended and 39 units sold. These numbers indicate a market that is adding inventory faster than it can be absorbed. The average Days on Market for the year is 75.

The chart below provides you with the 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Burlington County from 9/2007-9/2008. The average sold price is down 6% from September 2007 ($280,920) to September 2008 ($263,454).

*Market statistics as of 10/15/2008.

Delran Real Estate Market Update YTD September 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Mon, 27 Oct 2008 14:16:10 -0500

Here’s the Delran Real Estate market update for September 2008. Pended units for September were up 6 and Sold units were down 5 compared to September 2007; listed units were down by 18 units versus 2007. This has led to a current inventory of 121 units. Delran has been averaging 11 units sold per month which means there is currently 11 months worth of inventory in Delran. This outperforms the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 17 (a 6% increase), pended units are down 10 (a 9% decrease) and sold units are down 2 (a 20% decrease). See how this compares to the Burlington County Market.

The last 3 years the average number of units pended and sold in September was approximately 14 & 15 respectively. This September there was 15 units pended and 6 sold. The average Days on Market for the year is 88.

The chart below provides you with the 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Burlington County from 9/2007-9/2008. The average sold price is down 7% from September 2007 ($286,250) to September 2008 ($267,054).

*Market Statistics as of 10/15/2008.

Cinnaminson Real Estate Market Update YTD September 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Sat, 25 Oct 2008 14:23:44 -0500

Here’s your Cinnaminson Real Estate market update for September 2008. Pended units for September were down 5 and Sold units were up 3 compared 2007; listed units were down by 2 units versus 2007. This has led to a current inventory of 108 units. Cinnaminson has been averaging 9 units sold per month which means there is currently 12 months worth of inventory in Cinnaminson. This matches the overall Burlington County market, which has 12 months worth of inventory. Year to date listed units are down 24 (an 11% decrease), pended units are down 20 (a 23% decrease) and sold units are down 19 (a 23% decrease). See how this compares to the Burlington County Market.

The last 3 years the average number of units pended and sold in September was approximately 13 & 12 respectively. This September there was 8 units pended and 8 sold. The average Days on Market for the year is 87.

The chart below provides you with the 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Burlington County from 9/2007-9/2008. The average sold price is down 6% from September 2007 ($270,280) to September 2008 ($253,812).

*Market statistics as of 10/15/2008.

Camden County Real Estate Market Update YTD September 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Fri, 24 Oct 2008 15:03:02 -0500

Here is your September Camden County Real Estate market update. For September, listed units were down 60 units compared to September 2007, or a 6% decrease. Pended units for September were down 85, or a 27% decrease. Sold units were down 40, or a 10% decrease. This has led to a current inventory of 4489 units. Camden County has been averaging 355 units sold per month which means there is currently 12 months worth of inventory in Camden County. Year to date listed units are down 12%, pended units are down 34% and sold units are down 37%.

Over the last 3 years the average number of units pended and sold in September was approximately 509 & 568 respectively. This September, there were 321 units pended and 396 sold. The average Days on Market for the year is 81.

The chart below provides you with the 9/2007-9/2008 numbers for listed, pended and sold units.

Below is a chart that shows the average list price and average sold price for Camden County from 9/2007-9/2008. The average sold price is down 2.1% from September 2007 ($213,513to September 2008 ($209,132).

*Market statistics as of 10/15/2008.

Moorestown Family Fun: 4th Annual Halloween Parade this Saturday

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Thu, 23 Oct 2008 11:03:39 -0500

Moorestown's 4th Annual

Halloween Parade

For you Moorestown residents who have kids that still love to dress up and parade around in their costumes for Halloween, they’ll get their chance to do so this weekend. On Saturday, the 25^th, the Moorestown Business Association will be hosting its 4^th annual Halloween Parade.

Everyone that wants to join in the fun needs to come to the PNC parking lot by 3:45pm dressed in their costumes! Parents who want to dress up, may certainly do so as well;-) The marchers will head down Main Street towards Chester Ave. Once they get to Chester Avenue, by Moorestown Friends School, the “paraders” will move to the sidewalk and continue on to Stokes Hill.

There will be a bonfire along with music, prizes and food to enjoy at Stokes Hill. If you want to participate in Pumpkin Carving, then please bring your pumpkin a little earlier. Unfortunately, the flyer doesn’t mention whether to bring the pumpkin to Stokes Hill or to the parking lot?

From personal experience, this Halloween Parade has become bigger and better with every year and it looks like the Moorestown Business Association has outdone themselves again.

If need be, the rain date has been set for Sunday, October 26.

This event is just one of the many that make Moorestown such a wonderful place! Hope to see you out there, I’ll be the guy with a Power Ranger and a Fairy…..I’m not sure what the kids will be wearing though.

Here’s the information again:

Date: Saturday, October 25^th
Time: 4pm ‘til Dusk
Location: Starting at PNC Bank (3:45pm for marchers) on Main Street and ending up at Stokes Hill.

Calling Seth Godin!!!

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Thu, 23 Oct 2008 09:19:52 -0500

I'm throwing my hat into the ring of this social media marketing experiment, in hopes that the great Seth Godin will in fact review Margaret Rome's soon to be released book "Real Estate the Right Rome Way." Come on Google, work your magic:-) PS: "Hey Seth Godin!!! Come over and review Margaret Rome's new book"

Via Bryant Tutas Broker/REALTOR(R) Tutas Towne Realty, Inc:

Hi folks. My good friend and fellow ActiveRainer, Margaret Rome, is getting close to launching her first book "Real Estate the Right Rome Way". I'm sure most of you know Margaret but if not....stop over and check out her profile.

Margaret and I joined AR at just about the same time, July of 2006. In fact, as far as I can, tell we actually joined on the same day. Her first post and my first post were both on July 8, 2006.

Margaret and I have always had a connection. We are very much alike and handle our businesses the same. I still believe we were separated at birth. Here are a few similarities.

We are both "solo" agents

We both specialize in listings

I have a TLW she has a TLH.

We both have tempurpedic craftmatic adjustable beds!!!

We are both soooooooo good looking.

Anyway....Margaret is really wanting to get Seth Godin to review her book and maybe write a blurb on the jacket. So she decided to have a little contest to see who could come up with a good idea to get Seth's attention. My idea was to get as many Rainers as possible to place this phrase in their next post:

Hey Seth Godin!!!! Come over and review Margaret Rome's new book"

I figure Seth has his Google alerts activated and if enough of us do this he will not be able to ignore us and will have to come over to see what's going on. If you are not familiar with Seth he is a master marketeer and a best selling author. Getting him to review Margaret's book would be HUGE!!

So.....if you would, next post you write, just take a minute and copy/paste this phrase....

Hey Seth Godin!!!! Come over and review Margaret Rome's new book"

.....and place it at the bottom of your post. Or the top. Or the middle. Let's show Seth the power of the Rain. How simple is that?

Burlington County Real Estate Market Update YTD September 2008

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Tue, 21 Oct 2008 20:44:28 -0500

Here’s your September Burlington County Real Estate market update. For September, listed units were down 125 units compared to September 2007, or a 15% decrease. Pended units for September were down 62, a 21.5% decrease. Sold units were down 25 compared to September 2007, a 7.6% decrease. This has led to a current inventory of 4148 units. Burlington County has been averaging 342 units sold per month which means there is currently 12 months worth of inventory in Burlington County. Year to date listed units are down 15%, pended units are down 25.8% and sold units are down 29.8% versus 2007.

Over the last 3 years the average number of units pended and sold in September was approximately 444 & 499 respectively. This September, there were 288 units pended and 329 sold. The average Days on Market for the year is 89. What does all this mean? It means that Burlington County is a market to watch closely. In other words, if you are thinking of buying or selling right now it’s important that you seek the advice of a full time professional realtor who can best advise you as to how to take advantage of this market. If you see real estate as a long term investment, now is a great time to buy or “move-up” because the numbers are working in your favor.

The chart below provides you with the 9/2007-9/2008 numbers for listed, pended and sold units.

I’ve included a chart that shows the average list price and average sold price for Burlington County from 9/2007-9/2008. The average sold price is down 3.5% from September 2007 ($271,690) to September 2008 ($262,395).

*Market statistics as of 10/15/2008.

Great Family Fun on a Budget in the Moorestown Area = Amico Island

Matt Moxhay Moorestown Real Estate (Prudential Fox & Roach) — Fri, 10 Oct 2008 15:07:59 -0500

If you live in the Moorestown area and are looking for something to do with your family that’s very budget friendly; you should explore Amico Island in Delran.

When my wife and I were trying to think of a way to take advantage of some beautiful weather last weekend, she came across Amico Island on the web. Do you know why it’s called and Island, when the brochure lists it as a peninsula? Answer that question and you'll get extra credit! (Don’t ask me, I don’t know the answer to that mystery.)

According to their web site, it’s a “55 acre peninsula featuring a diverse collection of habitats and terrain. With upland forests, freshwater ponds and wetlands, river shoreline and meadows, visitors can enjoy hiking, biking, fishing and picnicking in a rustic natural setting at the confluence of the Rancocas Creek and Delaware River.”

My wife noticed that biking was allowed and spotted an opportunity for an “adventure picnic” with the kids. We loaded up their bikes, packed lunch and were there within 10 minutes from our Moorestown home. I have been living in the Moorestown area for 10 years and had no idea about this hidden treasure. The kids loved the idea that they could ride their bikes and “explore” the wonders of the island. My wife and I loved the idea of having the entire family enjoy something together with no adverse effect on our budget:-) It’s true that the best things in life are free!

There are 3 trails that total about 2 miles in length altogether and there’s no real serious hiking involved. There are some seriously beautiful views and wonderful sounds though! The only downside was when an ice cream truck visited the park across the river. That sound came through loud and clear and I had to be quick to stop the kids from trying to swim across the Delaware. They love their ice cream!

So, if you live in or around Moorestown and are looking for something to do that’s family friendly and budget friendly, I encourage you to visit Amico Island.

If you see a great Blue Heron just know that he’s a very patient bird, so getting a picture of him “in flight” might require a lot more patience than I or my children could muster. I'll be back Mr. Heron.....I'll be back!