February 2014 Market Update: As expected, February was well below last year in terms of activity. The closed sales were down 11% and pending sales were down 13.5% from 2013. Year to date, that puts us 5% lower in closed sales and 11% lower in pending sales compared to the same time last year. Prices were strong though, with February’s Median Sold Price up 8% and Average Sold Price up 10.5% over a year ago. Year to date, Median Sold … (3 comments)
delaware valley: How Much is My Home Worth? (Delaware Valley Real Estate)
- 03/12/14 02:15 PM
How Much is My Home Worth? Want to know how much potential equity you have in your home? Want to know what the real estate market is doing in your area? Would you like to know what your options might be?
Get started here! What is My Home Worth?
Thinking of selling your home in Delaware or Pennsylvania? Contact me with your real estate questions and/or for a free market analysis for your property. … (1 comments)
January 2014 Market Update: While the Delaware Valley housing market activity typically slows down in December and January, recent activity was well below expectations. The unrelenting harsh winter weather may have played a role in dampening market activity. Sales for January were a disappointing 3.5% below last year. Pending sales were 11% below last year. Electronic showing requests were surprisingly 7% above last year. The median sold price was 6.5% higher than a year ago. This is exciting news for sellers; and, … (2 comments)
2013 Home Sales Jump 14% as Demand Fuels Housing Recovery
2013 Year In Review: In 2013, the Delaware Valley real estate market (Philadelphia metropolitan region, including parts of Delaware, New Jersey and Pennsylvania) saw a robust comeback. Compared to 2012, sales were up 14% and the median sale price was up 4.5%. Inventory remained low throughout the entire year and ended the year 4% lower than at the end of 2012. And, while the number of distressed sales (i.e., shorts sales and foreclosures) declined by only about 2% … (0 comments)
delaware valley: Thinking of Selling Your Home? Find Out Your Home Value First!
- 08/03/13 09:08 AM
Thinking of Selling Your Delaware Valley Home (DE & PA) Within the Next 6 months? Want to know how much potential equity you have in your home? Get a FREE, No Obligation Home Market Analysis! Pricing It Right is an important ingredient in selling fast and getting top dollar for your home!
Your Home Value: Find Out Now! Get started here! www.delawarevalleyre.com/HomeValue?id=38288
Thinking of selling your home in Delaware or Pennsylvania? Contact me with your real estate questions. … (0 comments)
delaware valley: Digital Home Marketing - Delaware Valley Real Estate
- 08/03/13 08:41 AM
Digital Home Marketing - Delaware Valley Real Estate Access to a comprehensive menu of marketing tools & resources --and my commitment to online marketing-- place my clients' properties in hot spots on the Web in front of millions of consumers offering listings, resources and information prospective buyers want most.
Learn more about my overall marketing strategy to reach prospective home buyers here: Powerful Home Marketing System
PFR Digital Home Marketing System (Video):
Powerful Home Marketing System Get Your House Sold, Not Just Listed!! Contact me with questions about selling your home!
Additional Resources: What's My Home Worth? Get Your Home … (1 comments)
Sign of Up Today! Stay Connected to What’s Going On in Real Estate! Be the Source of Real Estate News Your Network Can Use!
"Your Real Estate Connection" eNewsletter is designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.
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Links Inside this Issue: July 2013 eNewsletter (Housing Trends) | Home Evaluation | Market Watch … (0 comments)
delaware valley: Grab Your Real Estate Passport and Let’s Take a Journey!
- 05/30/13 06:41 AM
Grab Your Real Estate Passport and Let’s Take a Journey! Delaware Valley Real Estate (Summer 2013) Summer is here! And while our attention may shift to vacation and travel, I’d like to remind you of the great opportunity available to both buyers and sellers. With pent-up buyer demand, record-low mortgage rates and affordable home prices, now is a great time to buy or sell. So grab your real estate passport and let’s prepare for a journey through today’s market.
Grab a Map and Set a Course Sellers, contact me to evaluate the homes for sale in your area and … (4 comments)
delaware valley: Managing Your Real Estate Transaction - Delaware Valley Real Estate
- 05/05/13 02:06 PM
Managing Your Real Estate Transaction - Delaware Valley Real Estate Effectively Manage the Transaction to a Successful Close You’ve set the best price, enhanced the perceived value of your house and kicked your online marketing into high gear. Potential buyers are at your threshold. And, you’re concluding negotiations for the sale of your house. Now What? This is precisely when the transaction begins; and, until the transactions closes, it's not a done deal. There will be bumps along the road between signed sales agreement and closing. To get to closing, you and your professional team must be able to … (2 comments)
delaware valley: Selling Your Own Home For Sale By Owner FSBO
- 05/05/13 01:46 PM
Selling Your Home For Sale By Owner - FSBO Delaware Valley Real Estate “Selling your own home is not easy as you are emotionally attached to it. If you do your own selling, keep your emotions well in check.” ~ Paul Clitheroe Are Your FSBO Costs Worth the Commission Savings?
Selling a home can be complex and it involves a lot of details. Without professional guidance and the expertise of a REALTOR®, selling a home can often entail many unnecessary bumps in the road. In a tough market, it is highly recommended to use a qualified real estate sales professional … (0 comments)
Getting a home sold in today's market generally takes more than putting a listing on the MLS, anchoring a sign in the yard, putting a lockbox on the front door, running an occasional ad and hosting open houses. It requires a multi-faceted approach with exposure beyond these traditional methods of marketing. In order to obtain the highest price possible in the shortest period of time, you must have maximum exposure in the marketplace.
Here are 6 valuable tips for marketing your … (0 comments)
delaware valley: Expired Listing: Why My Home Didn’t Sell? - Delaware Valley
- 05/05/13 01:16 PM
Expired Listing - Delaware Valley Real Estate Why My Home Didn’t Sale (Or, Is Still Sitting on the Market) If your house is languishing on the market (or has already expired), you may be wondering what’s wrong (or what went wrong) and where do you go from here. Here are four (4) possible reasons your home isn’t selling, or did not sell during the listing period:
1 | Asking Price Too High. Overpricing is often the number one reason houses don’t sell. Overpriced homes generally linger on the market long after competitively priced homes have sold. When your home doesn’t … (0 comments)
Timing Matters: The First Three Weeks are the Most Crucial
"Observe due measure, for timing is in all things the most important factor." ~ Hesiod
Sales activity has a life of its own. And it's predictable. Most homes just on the market generate a kind of immediate "buzz" and interest that excites agents and bring in prospects. And, while there's generally a six week window of opportunity to maximize exposure to potential buyers (and their agents), the first three weeks are the most crucial. As you can see, there's a … (0 comments)
delaware valley: Pricing Your Home: Dangers of Overpricing
- 05/05/13 11:43 AM
Pricing Your Home - Delaware Valley Real Estate Don't Make the Mistake of Overpricing Your House Overpricing is the number one marketing mistake sellers (and agents) make. It frequently leads to "chasing down the market" where the seller prices the home above the market value and then have to repeatedly reduce the price as the market declines. The seller is out of sync with the market, i.e., always one step behind the reality of the market.
The Danger of Overpricing Your House Fewer buyers are attracted, and fewer offers received. Marketing time is prolonged, and initial marketing momentum is lost. … (2 comments)
delaware valley: Pricing Your Home: 5 Factors that Affect Home Value - Delaware Valley
- 05/05/13 10:56 AM
Pricing Your Home - Delaware Valley Real Estate 5 Factors that Affect Home Value The market value of your home is primarily based on three (3) key factors: Location, Size, and Amenities/Condition. Market value is the price (or range) at which a particular house, in its current condition, will sell within a reasonable period of time (i.e., generally 30 to 90 days in a normal real estate market). Here are five (5) factors to consider when evaluating home value: 1 | Location/Neighborhood. Location is the single greatest factor affecting value. The desirability for a particular school district, neighborhood, etc. is basic to a … (0 comments)
delaware valley: Pricing Your Home: 4 Valuation Methods - Delaware Valley Real Estate
- 05/05/13 10:36 AM
Pricing Your Home - Delaware Valley Real Estate 4 Common Valuation Methods The market value of your home is primarily based on three (3) key factors: Location, Size, and Amenities/Condition. Market value is the price (or range) at which a particular house, in its current condition, will sell within a reasonable period of time (i.e., generally 30 to 90 days in a normal real estate market). While the only true measure of market value is what a particular house actually sells for, you can come close in estimating the market value of your house.
Here are four (4) valuation … (0 comments)
delaware valley: Thinking of Selling Your Home in the Delaware Valley?
- 05/05/13 07:05 AM
Thinking of Selling Your Home in the Delaware Valley? (Spring 2013) Thinking of Selling Your Home the Delaware Valley? It's hard to believe that the housing market turned so quickly for sellers! We went from bad news – homes sitting on the market, inventory growing, and prices falling – to a sellers’ market. That’s right…a sellers’ market. Now listings are in short supply, and in some price ranges, sellers are receiving multiple offers. The dream of homeownership is back in full force, and there lots of buyers ready to buy their piece of the American dream. As we look back, we … (0 comments)
delaware valley: Selling Your Home in the Delaware Valley
- 05/04/13 06:31 AM
Selling Your HOME: Get It SOLD, Not Just Listed! Selling Your Home - Delaware Valley Real Estate Selling a house is a fairly large decision and a huge investment of both time and money. And, if you’re like most sellers, you want to get your house sold for the most amount of money, in the shortest amount of time, with the least possible inconvenience. This is true regardless of whether you partner with a real estate agent or go it alone, i.e., sell your house For Sale By Owner. If you’re ready to sell your house, getting it sold fast … (2 comments)
delaware valley: Explore the Delaware Valley: Local Information, Resources and Data (DE | NJ | PA)
- 09/22/10 12:45 PM
Explore the Delaware Valley: Local Information, Resources and Data (DE | NJ | PA) The Delaware Valley is composed of several counties in southeastern Pennsylvania and southern New Jersey, New Castle County in northern Delaware and Cecil County in northeastern Maryland. The Delaware Valley Area is a dynamic and varied region that has something to offer everyone. The area offers a wide range of lifestyle options, from rich, rolling farmland to tree-lined suburban streets, from clustered condominiums to big-city brownstones. The Delaware Valley is a richly historical area with so much to see and do. Click on the below links to explore Community Profiles, … (1 comments)
delaware valley: Thinking of Selling Your Home in the Delaware Valley? (DE | MD | PA)
- 09/05/10 01:56 PM
Thinking of Selling Your Home in the Delaware Valley? (DE | MD | PA) If you want maximum value for your home, request a no-obligation home marketing assessment! Prudential Fox & Roach is not only the region's Market Leader, but we have a powerful connection to the world's outstanding real estate network. It's an unparalleled combination of professionals and resources at work for you. As your Prudential Fox & Roach Real Estate Agent, I won't just facilitate the sale of your home. I will create value for you. I'm committed to providing you with more than just a successful real-estate … (0 comments)
February 2014 Market Update
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