real estate: Have you discovered Houzz.com? - 03/26/12 12:41 PM
I know, I know another website on which to waste time, but this is so related to our business, homes. If you get a moment check out Houzz.com, it feels in a small way like Pinterest, but is all about houses and homes. Photos posted are all house related and you can form an ideabook that contains the photos you like and that speak to you and why.
I have been using both Pinterest and Houzz recently, actually posting things from Houzz on my Pinterest boards and then realized it was just easier to start my own ideabook on Houzz.com.
And … (5 comments)
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real estate: Berwyn Village Life reveals compassion and community spirit - 02/21/12 10:04 AM
Living in the suburbs can sometimes make you feel invisible, but village life reveals that just because it is part of a suburb does not mean people are not caring. Berwyn, PA, sits astride the Main Line to the west and north of the city of Philadelphia in Chester County. Part of the Tredyffrin Easttown School district it is part of two townships, Tredyffrin and Easttown. The village sits on Route 30 between Devon and Paoli.
There have been a rash of events recently that make me realize this is a wonderfully strong community, with lots of community support. Over the … (0 comments)
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real estate: Main Line Homes Inventory dropping - 01/30/12 01:25 PM
Last year 2011 the market started off strong and we saw many homes selling in the beginning of January. 2012 seems to be reproducing that phenomenom and the Main Line Homes Invetory for buyers has dropped significantly over the last few weeks.
For example Chester County has seen month on month improvements and is now at 9.4 months, whilst this is not excellent it is much better than the 11.9 months from a couple of months ago. a 6 month level is the sign of a blanced market with buyers absorbing homes at almost the same rate that they comne on … (0 comments)
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real estate: Powers of attorney and other hidden parts of our job - 01/18/12 04:08 PM
In real estate there are times where sellers or buyers use a "power of attorney" to have someone act on their behalf. These are usually limited powers of attorney allowing the person to act for that person for a specified act and that act only.
However, there are certain occasions where powers of attorney are not allowed. When an executor has been appointed by the court for an estate, that executor takes on certain responsibilities and agrees to uphold them before the court. They cannot pass those powers over to someone else by a power of attorney.
A real estate transaction … (2 comments)
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real estate: Some Radnor Housing facts - 01/05/12 03:42 PM
Here are a few interesting Radnor real estate facts.
As of December 15th there are one hundred and forty six homes that are active listings available for purchase in Radnor Township. Forty-one of those properties are priced above $1 million; twenty eight are priced between $1-2 million; seven are priced between $2-3 million; three are priced between $3-4 million; one is priced between $4-5 million; one is priced between $6-7 million and three are priced above $7 million. The most highly priced property today is a six bedroom single family home priced at $7.9 million. The lowest priced home is a … (0 comments)
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real estate: Homes for sale in Berwyn and Devon in Easttown Township, PA - 12/20/11 11:35 AM
As of December 19th 2011 according to Trend MLS the following homes were available for sale in Easttown Township PA. Easttown Township covers Devon and Berwyn post codes and is part of the Tredyffrin Easttown School district.
There are 58 homes available to buy, the lowest priced home is a four bed one bath twin priced at $199,900 in Berwyn, The highest priced home is a lot in Devon with new construction of a six bed six full baths and two powder rooms at $6,395,000. There are only two twins for sale in Easttown Township at the moment, with the second … (0 comments)
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real estate: What homes are for sale in Tredyffrin Township, PA? - 12/19/11 12:03 PM
What homes are for sale in Tredyffrin Township, PA as of December 19th 2011?
Tredyffrin is made up of homes in Berwyn, Devon, Paoli and Wayne. Homes in Chesterbrook all have Wayne postal addresses although they are in Tredyffrin as do the homes that are in Glenhardie and the dog leg area of Tredyffrin off King of Prussia Road.
There are currently one hundred and eighty homes for sale, the lowest priced home is $119,000 for a one bedroom apartment in Glenhardie, the lowest priced single family home is $149,000 a three bed two bath home, the lowest priced twin … (0 comments)
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real estate: Chesterbrook homes for sale - 12/01/11 10:51 AM
Chesterbrook is a great place to live, location allows easy access to many local towns and sights and the home owner and condo associations maintain each sub-development well. Prices have been fairly stable even whilst the market in general has been challenged and there always seem to be some buyers looking for homes for sale in Chesterbrook. King of Prussia Mall is only minutes away, the new Wegman's Supermarket in King of Prussia will be opening shortly and the proximity of Valley Forge National Park allows plenty of opportunity for exercise and recreation, if you want a quiet restaurant or coffee … (2 comments)
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real estate: How important is communication? - 11/29/11 01:33 PM
Be it in your marriage or acting as an agent for a buyer or seller communication is important, but how important? Many arguments within marriages are due to bad communication, mis-communication or lack of communication. Likewise in a real estate deal most problems can be solved through communicating effectively, making sure everyone understands what is happening and when.
Bad news is never good to relay, but it is often necessary for a buyer and especially a seller to hear what is happening, but also to keep your fellow agent on the other side informed is important. I am in the middle … (1 comments)
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real estate: What a difference FHA approval for a condo development makes. - 09/28/11 12:25 PM
Many buyers and sellers don't realize thast condo developments have a specific FHA approval process for financing, in the past this was done by mortgage lenders but this year HUD has allowed the developments themselves to apply for approval. Why would they do this - value for their owners. Prices in many condo developments have been falling across the country and these older condo developments whilst having been approved for FHA financing in the past found their approvals expiring. Many did nothing to extend these approvals and HUD actually extended many automatically last year but even this extension has now expired.
… (1 comments)
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real estate: I am not surprised the consumer is sitting on the fence. - 06/16/11 12:02 PM
Just listening to the news this morning I am not surprised the real estate consumer is sitting on the fence. First for about ten minutes the messages were all mixed, foreclosures are down, but this may be because....blah blah, home starts are up, but don't get excited because there are still lots of resale homes to sell. My head was spinning and the glee with which CNN reported it, then finish it up with a tour of a town in New Jersey where the majority of the homes are in foreclosure. Get me out of here.
But wait a minute, my … (5 comments)
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real estate: Need a piece of land in Villanova? - 05/31/11 05:00 PM
Villanova in Lower Merion is one of those locations that many homeowners want to be and there are some great streets. Finding a piece of ground on which to build your dream home is not so easy however as land costs are high. However, we currently have a great lot on Valley Road at the private end part of the road, off Mount Pleasant, surrounded by multi million dollar homes, one being finished off across the road which is shown as being listed for $3.9 million, another a few doors down priced at $2.7 million on four acres.
It currenlty … (1 comments)
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real estate: Running the rapids - 05/19/11 05:53 PM
Setting out on a journey is always so exciting, everyone is filled with enthusiasm, dreaming of the destination, thinking about what they are going to do when they get there, what they will buy, they often forget the challenges they may encounter on the way.
Real estate is just like that, there are many simple steps to buying or selling, everyone can do it, but there are many things that can go wrong with poor planning or lack of foresight. Anyone can get lost without a GPS or map, you need to know where you are going and how you … (0 comments)
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real estate: Tredyffrin Easttown mid-May Market update - 05/16/11 12:57 PM
So hard to believe but we are already at the mid-point of May. What is our local Tredyffrin Easttown housing market doing right now? Well in the first two weeks of May 58 new listings entered the fray, 3 of these went under contract and 2 went pending. These 58 listings joined the others already on the market bringing the total of homes listed to 393, another 6 of the other homes also went pending and 11 settled.
So in these first two weeks of May 58 new homes were added, 11 went under contract or pended and 11 settled, meaning … (0 comments)
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real estate: We just listed a fabulous stone fronted cape in Devon - 05/13/11 05:18 PM
When my clients bought this several years ago I thought although I would see them regularly I would not be selling their home for a long time. However, they called the other day, having seen a home on the internet they liked, it has a gorgeous swimming pool and wanted to get their home ready for sale. Well when they decide they move and today we listed this gorgeous home for sale in Devon, PA right in the heart of the Main Line.
It is beautifully decorated throughout, with hardwood floors, a fabulous kitchen and is one of those homes … (0 comments)
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real estate: Good News for the Main Line: Is it time to buy? - 03/01/11 04:11 PM
A very well balanced article from the Wall Street Journal, Housing: Is it time to buy? looking at both the news from Case Schiller and other economists declares that now is probably the best time for high end buyers to consider getting into the market. That is good news for the Main Line where the high end market has languished, with several townships seeing number of sales of high end homes decline rapidly and dramatically over the last few years.
But the article looked at how local markets across the nation whilst they have been moving together generally for a long … (0 comments)
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real estate: Should We Stay or Shoud We Go? Believe it or not people came! - 02/02/11 11:14 AM
Should we stay or should we go? Believe it or not, people came, yes they did. Last night, in the middle of the largest storm to hit America, one of historic proportions I had a seminar planned with Deb Bettcher of Decorating Den Interiors and Easttown Library. The library decided to go ahead as the afternoon progressed and the weather did not deteriorate, just rain and fog and a little ice.
Should we Stay or Should We Go? looked at the decision facing many baby boomers faced with a larger home and kids who have moved out. Do they need all that … (1 comments)
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real estate: Interest Rates and Home Prices - 01/22/11 11:50 AM
Interest Rates and Home Prices have been talked about a lot by economists and how important it was for the interest rates to remain low so that the housing market could recover. Well, the ugly truth is that the government listened and has been keeping interest rates artificially low to spur the economy along, but those days are numbered and that means that if interest rates rise there is a big question about home prices.
If interest rates rise will the housing market collapse? Will home prices go down further? How will this affect sellers, will we see more short sales? … (1 comments)
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real estate: Is now the time to buy a home? - 12/09/10 05:57 PM
Is now the time to buy a home? Video below has "experts" giving their opinions, but all real estate is local and needs to be considered on a local basis.
So what is your opinion of the Philadelphia Main Line market? As you can see from the video even the experts are confused and don't agree. Our opinion is that locally whilst prices are down by about 30% from 2007/2008 highs, there are buyers who are looking to buy and who are qualified and able to get mortgages. Mortgage rates are low and will rise even if slowly, depending on your … (0 comments)
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real estate: Preparing to list your home and selecting an agent - 10/04/10 01:34 PM
This blog is inspired by a post from a comment on Jeff Belonger's blog Should we hide our past business experiences in posts., based on comments in a post by Patricia Kennedy on When they say mean things about their first agent
In Jeff's comments Bill Gassett mentioned a post How to interview a Realtor he has written. How we all get inspired to write blogs is another good blog title.
Anyway, whilst there have been many blogs on preparing for a listing presentation, what to include and what advice to give, I thought about how the consumer could prepare for the listing presentation … (1 comments)
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