I've had several requests for home evaluations in this subdivision recently so I thought I would provide a brief overview of the market in Somerset. There were three closed sales in Somerset in 2007 and one home was for sale but failed to sell after nine months on the market and four price reduc
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12/28/2007
Keller Williams Advantage Realty opened their doors officially August 1, 2007 without any fanfare or celebration. The celebration will come with a much publicized grand opening celebration in March of 2008, but the employees of Keller Williams are celebrating their modest achievements during the
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12/27/2007
So your thinking about how to make a buck in the real estate business in 2008 and you realize there are several alternatives that may get you to where you need to be. They may include:1. Build a spec house and sell it2. Buy, rehab and flip properties3. Buy, rehab and hold on to property4. Bu
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12/26/2007
Think about the new Years Eve party you could host in this gorgeous bed & breakfast in Victorian Bellefonte. Located on Linn Street amid the splendor of historic B & B's, the stately "Garret" is awaiting its new owners with measured excitement. The new owners may want to continue the profitable
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12/26/2007
If you are thinking about buying a house this week do yourself a favor and shop hard for interest rates. As you can see the rates are all over the place so a bit of due diligence related to rate shopping may put some extra jingle in your pocket. It could put a few bars of gold in your investmen
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12/26/2007
The For Sale by Owner ConundrumI've been talking to quite a few For Sale by Owner property owners recently and I thought I would provide some interesting information and a quick story from the past year. First the statistics taken from the NAR database so they are not tainted by my possible bias
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12/24/2007
The home mortgage insurance tax deduction has been extended through the year 2010. Mortgage insurance was created to allow buyers with low down payments the ability to increase their buying power and open their options to additional home buying opportunities in the marketplace. Households with
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12/21/2007
Bellefonte buyer activity was slow in the month of November 2007. There were thirty-two sales transactions in November with the majority of sales in the $150,000 to $200,000 price range. Only two properties sold above the $300,000 price threshold. Not reflected in the chart are building lots t
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12/21/2007
State College buyer activity was slow in the month of November 2007. There were fifty-two sales transactions in November including 13 above the $500,000 price threshold. Only one property in this price range was residential real estate. The 12 other transactions in this price range inlcuded bu
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12/21/2007
Penns Valley buyer activity was slow in the month of November 2007. There were two sales of residential real estate nad one buyer of a building site. Nothing over $200,000 sold in the Valley and December looks to be a bit more active for real buyers. Of coures, Spring is coming and with it the
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12/20/2007
