Archive For August 31, 2016

Five Local Homes with In-Law Suites for Under $400k

Five Local Homes with In-Law Suites for Under $400k

6 Magnolia Ct, Downingtown PA  This beautifully updated home offers a true in-law suite with a separate entrance, kitchenette, bedroom, bathroom and living area for just $384,500!   202 E Hillendale Rd, Kennett Square PA  No stairs! This one story home in beautiful Chester County offers a large bedroom and a full bath tucked away…

Could This Be the End of the Foreclosure Era?

Could This Be the End of the Foreclosure Era?

The number of households in the United States that are “seriously” delinquent on their mortgage payments has fallen since this time last year, according to Freddie Mac. In the latest piece of good news for the housing market, the government mortgage giant reports that just 1.08% of homeowners are three months behind on their mortgage…

4 Back to School Tips to Ease the Transition

4 Back to School Tips to Ease the Transition

School’s back in session! The 2017-2018 year has begun for most districts in Greater Philadelphia, and it can be a stressful time for both students and their parents. Here are a few ways to ease the transition: 1.  Help your child manage all of his or her new responsibilities with a fun calendar, agenda, or downloadable…

Top Labor Day Events in Greater Philadelphia

Top Labor Day Events in Greater Philadelphia

No beach house? No problem! Soak up the summer sun at the following festivals and events in and around Philadelphia for Labor Day: Head to FDR Park on Labor Day Weekend for the city’s popular “Parks on Tap.”  The traveling beer garden will be offering extended hours for the holiday weekend, and there will be…

These are the Best Stores for Buying Appliances

These are the Best Stores for Buying Appliances

As Consumer Reports explains, the most popular stores for buying appliances aren’t always the ones rated most favorably by consumers.  Home Depot, Sears, and Lowe’s racked up the most sales for large appliances last year, but they hardly offer the selection and customer-service of independent retailers.  Instead, try these three favorites: Best Buy offers the absolute…

Ask The Realtor: Is It Really Still a Sellers Market?

Ask The Realtor: Is It Really Still a Sellers Market?

There’s no doubt that it was a “sellers market” in the busy spring months of 2016, as fierce competition among buyers drove up home prices and gave sellers full control. But is that still the case? While we’re not ready to call it a buyer’s market just yet, the pendulum is shifting back toward the…

Spotlight on: West Chester Area School District

Spotlight on: West Chester Area School District

The award-winning West Chester Area School District is a popular choice for families who enjoy the convenience of a bustling suburb with the tranquility of the Chester County countryside!  Downtown West Chester is brimming with great eateries, unique shops, yoga studios, and cafes.  A few of our favorite local restaurants include Spence 312,  Teca and The…

What’s the Difference Between APR and Interest Rate?

What’s the Difference Between APR and Interest Rate?

If you’re in the process of buying a home and securing a mortgage, you may have seen both the interest rate and annual percentage rate (APR) expressed on various websites and forms. While they’re similar, there are a few key differences — and they’re definitely not interchangeable terms.  Here’s what you need to know:  …

Seller Alert: Keeping Your Home Safe During Showings

Seller Alert: Keeping Your Home Safe During Showings

Thankfully, it’s exceedingly rare to experience any issues during showings or open houses, but it’s always a good idea to take precautions when new people are touring your home. Here are a few tips for keeping your home protected: Be sure to keep all valuables locked up and hidden prior to listing your home.  In addition to…

Don’t Call it a Comeback! Luxury Home Sales Expected to Rise

Don’t Call it a Comeback! Luxury Home Sales Expected to Rise

The luxury housing market is heating up, according to industry experts!  Luxury home values dropped significantly in the first quarter of the year, largely due to stock market volatility.  High-priced homebuyers tend to be far more sensitive to any changes in the stock market than the average buyer and unlike most buyers, luxury buyers aren’t…

3 Must-Do Events Before the End of Summer

3 Must-Do Events Before the End of Summer

Celebrate summer’s last hurrah with one (or three!) of the following events that embody the sights, sounds, and tastes of our favorite season: If you can’t make it to the beach, be sure to stop by Spruce Street Harbor Park along the Delaware riverfront for Philly’s favorite pop-up beach.  With 50+ colorful hammocks, floating gardens…

Is This the Magic Number for Pricing Your Home?

Is This the Magic Number for Pricing Your Home?

When it comes to sticking a price tag on your home, there are two different schools of thought.  Some real estate experts believe that a round number, like $300,000, is best because the home shows up in more home searches.  Think of it this way: If a prospective buyer is browsing for homes on a…

Sellers Property Disclosure (SPD) 101

Sellers Property Disclosure (SPD) 101

A Sellers Property Disclosure (SPD) is a document that the seller fills out when their home hits the market.  It includes information about any defects or damages, as well as any upgrades that the buyer has made (such as a structural addition or replacing the hot water heater). Additionally, it may also provide some insight…

Best School Districts for Center City Commuters

Best School Districts for Center City Commuters

If you’ve given up your dream of big city living in exchange for a better school district, you’re not alone.  Each year, tens of thousands of Philadelphians trade in their condos in Northern Liberties for quiet townhomes in friendly suburbs… and for good reason! Whether you’re on a quest to send your kids to a…

Why Aren’t More New Construction Homes Selling?

Why Aren’t More New Construction Homes Selling?

Most of the nation is experiencing a “seller’s market,” and Greater Philadelphia is no exception! Demand for homes has far exceeded the inventory of homes for sale, leading to fierce competition among buyers and steadily rising prices. As a result, new home sales should be flourishing, as more and more buyers flock to the market….

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