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This Month in Real Estate – March 2011
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National Update – Pending Home Sales Decline in January
Here is a great update from the National Association of Realtors. Some highlights include: There is an elevated level of “Shadow Inventory” looming over the market. Shadow Inventory are foreclosed homes that banks are currently holding and are not on the market. Existing home sales – 5.36 million nationally – were slightly higher from forecasted [...]
Chester County Real Estate Statistics: February 2011
Click to Enlarge Here comes the flood! The flood has started – the flood of inventory that is. For the last 4 months we have been predicting that the local market will be flooded with inventory – sellers who came off the market for the holiday, sellers who have been waiting, and a variety of [...]
Chester County Real Estate News: March 7th, 2011
North Coventry rental ordinance tabled North Coventry Township has tabled a rental inspection ordinance until the March 14 meeting. The current draft ordinance would require that all rental properties be registered with the township with municipal inspections performed at change of ownership, occupancy, or on a 5 year cycle. The ordinance will again be discussed [...]
This Month in Real Estate: February 2011
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Chester County Real Estate News: February 28, 2011
County government preparing for office move Chester County government administrative offices are on schedule to relocate offices now in the Historic Courthouse complex and at another office building in the borough to the new building at 313 West Market Street. The building will house all non-court-related government offices that are not located at the county’s [...]
Chester Count Real Estate Statistics: January 2011
Click to Enlarge Chester County Real Estate market is off to an average start… Kinda…. The first month of the 2011 is over and the numbers are in. Most indicators are coming in at “average”… Most indicators. Unfortunately, Pendings and the “List-to-Sale-Price” ratios are not average but down. Is that something that you, as a [...]
The truth about switching energy providers
There is a ton of buzz going around about energy deregulation- and there should be. I have received at least 10 mailers and more than several solicitations to either switch providers or join and become a broker. It wasn’t until a trusted friend of mine approached me and filled in the blanks and misspelled some [...]
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