<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Chester County Real Estate Guide &#187; News</title>
	<atom:link href="http://chestercountyrealestateguide.com/chester_county/chester-county-pa/news-chester-county-pa/feed/" rel="self" type="application/rss+xml" />
	<link>http://chestercountyrealestateguide.com</link>
	<description>A blog about Chester County, with a focus on real estate</description>
	<lastBuildDate>Mon, 06 Sep 2010 11:20:44 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.1</generator>
		<item>
		<title>Chester County Real Estate News: September 6th, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-september-6th-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-september-6th-2010/#comments</comments>
		<pubDate>Mon, 06 Sep 2010 11:20:44 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Chester County Real Estate News]]></category>
		<category><![CDATA[news]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1272</guid>
		<description><![CDATA[Caln Township strictly enforces IPMC During a use and occupancy inspection, REALTORS can expect Caln Township to strictly enforce the 2006 International Property Maintenance Code. The Suburban REALTORS Alliance met with township officials to discuss the inspection and code enforcement process. REALTORS are encouraged to set up Use and Occupancy inspections with the township thirty [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Caln Township strictly enforces IPMC</strong></p>
<p>During  a use and occupancy inspection, REALTORS can expect Caln Township to  strictly enforce the 2006 International Property Maintenance Code. The  Suburban REALTORS Alliance met with township officials to discuss the  inspection and code enforcement process. REALTORS are encouraged to set  up Use and Occupancy inspections with the township thirty days in  advance in order to avoid delays in closing. Should you have any issue  with a code official, please contact Andy Reczek, the Director of Code  Enforcement, at <a href="mailto:andyr@calntownship.org">andyr@calntownship.org</a> and Tony Scheivert, Asst. Township Manager, at <a href="mailto:tscheivert@calntownship.org">tscheivert@calntownship.org</a>.</p>
<p><strong> </strong></p>
<p><strong>Birmingham</strong><strong> Township</strong><strong> to change sign ordinance</strong></p>
<p>Birmingham Township  has provided amendments to the zoning code which provide additional  definitions and regulations pertaining to temporary signs. For open  house signs: “The sign shall not be placed until 72 hours before the  sale or open house, and the sign shall be located on the lot where the  same is conducted, except for open house signs which may be permitted  off site by permit issued by the Birmingham Township Police Department  pursuant to Section 82-10 of the Birmingham Township Code.” The  ordinance also amends the definition of real estate sign as: “A type of  Temporary Sign indicating the sale, lease or rental of the property on  which it is located, not including “open house” signs.” The meeting to  discuss the passage of this ordinance will take place on Tuesday,  September 7 at 7:30 pm in the Birmingham Township Municipal Building. <a href="http://www.suburbanrealtorsalliance.com/news/documents/2010zoningrordinanceamendments.pdf">Click here</a> for the full text of the ordinance. Please direct any questions or comments to <a href="mailto:esmist@suburbanrealtorsalliance.com">esmist@suburbanrealtorsalliance.com</a>.</p>
<p><strong> </strong></p>
<p><strong>Coatesville may restrict rental conversions</strong></p>
<p>At  its last meeting on Aug. 23, City Council discussed the possibility of  passing an ordinance to limit the conversion of single-family homes to  multiple apartments. Coatesville has a high percentage of  renter-occupied dwellings, thought to comprise more than 60 percent of  the city&#8217;s housing, according to information presented at the meeting.  Council and the planning commission have expressed concern over  conversions in the past, and after Norristown, in Montgomery County,  passed an ordinance restricting conversion less than two months ago, the  city is considering doing the same. Of particular concern are certain  areas of the city where, reportedly, single-family dwellings have been  converted into as many as six apartments. Council agreed to direct the  planning commission to consider the issue, which Reed said could take  two or three months, and to put it on the agenda for the next meeting to  give the public the opportunity to comment.</p>
<p><em>Source: Daily Times; 9/2/10</em></p>
<p><strong> </strong></p>
<p><strong>For sewer rate hike, opposition continues</strong></p>
<p>Residents  continued to protest Pennsylvania American Water Co.&#8217;s request to  triple the average customer&#8217;s sewer bill at the last scheduled public  input hearings on the matter. Those submitting testimony at the hearing  spoke about service issues in the past; previous rate increases; the  hardship the rate hike would cause, especially for young families or  those on fixed incomes; and the unfairness of what is being called a  &#8220;poor business decision&#8221; by the company.  All of the testimony,  including service issues, is considered relevant, according to attorneys  from the Office of Trial Staff at the Public Utility Commission and  from the Office of Consumer Advocate. Pennsylvania American has  requested it be allowed to increase revenues by about $8.2 million after  completing a new wastewater facility in South Coatesville at a cost of  about $55 million. The Coatesville plant serves 10 municipalities,  including Coatesville, Parkesburg, East Fallowfield, Caln, West Caln,  West Brandywine, Sadsbury, West Sadsbury, Valley and Highland.</p>
<p><em>Source: Daily Local; 9/1/10</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-september-6th-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-september-6th-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Chester+County+Real+Estate+News' rel='tag' target='_blank'>Chester County Real Estate News</a>, <a class='technorati-link' href='http://technorati.com/tag/news' rel='tag' target='_blank'>news</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-september-6th-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: August 30, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-30-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-30-2010/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 12:00:51 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1246</guid>
		<description><![CDATA[Tredyffrin passes two student housing ordinances Two ordinances addressing student housing were discussed, tweaked and approved at the Tredyffrin Township Board of Supervisors meeting. The Registration Ordinance and the Zoning Ordinance, while separate entities, will help to regulate and enforce student housing throughout Tredyffrin. Both current and future homeowners will be responsible for complying with [...]]]></description>
			<content:encoded><![CDATA[<h3><strong>Tredyffrin passes two student housing ordinances</strong></h3>
<p>Two  ordinances addressing student housing were discussed, tweaked and  approved at the Tredyffrin Township Board of Supervisors meeting. The  Registration Ordinance and the Zoning Ordinance, while separate  entities, will help to regulate and enforce student housing throughout  Tredyffrin. Both current and future homeowners will be responsible for  complying with the Registration Ordinance, but the Zoning Ordinance will  only apply to future homeowners. Current homeowners renting to students  will be grandfathered in. The ordinances were approved unanimously by  the board and will go into effect on September 16. The registration  ordinance requires both current and future homeowners who rent to  students to register with the township. Homeowners will be required to  provide their own contact information and that of their renters. Also,  information must be provided about the college/university/trade school  the renter will be attending. The township plans to be in contact with  Realtors and local schools to document which students live where. The  hope is that by documenting who owns and rents each home, contacting the  individuals if necessary will be easier and more time-efficient.  Separately, the Zoning Ordinance, states that all future homeowners  wishing to rent to students in the R-1/2, 1, 2, 3 and 4 residential  districts would need special-exception approval from the Zoning Hearing  Board before occupancy. To qualify, the owner will need to show that the  property meets the requirements of the ordinance. Those requirements  include a buffer of at least 10 feet around the home, no more than three  student tenants, and a specified minimum distance from other student  homes.</p>
<p><em>Source: Main Line Media News; 8/18/2010</em></p>
<p><strong> </strong></p>
<h3><strong>Study lauds Coatesville&#8217;s potential</strong></h3>
<p>Following  three days of interactive workshops as part of a Pennsylvania  Department of Transportation study considering funding redevelopment of  Coatesville&#8217;s train station, project officials offered some surprising  information. &#8220;We found you could support, today, 68,000 square feet of  new restaurants and stores. They would generate $17.6 million in sales,&#8221;  said Robert J. Gibbs, a market economist, of Gibbs Consulting Group. &#8220;I  think our study was conservative, too conservative. I think you could  generate $30 million in sales.&#8221; The market study was just one part of an  overall project that will result in recommendations to PennDOT  regarding what it would take to redevelop the station. As part of an  initiative called Plan the Keystone, PennDOT wants to improve 12  targeted stations along the Keystone Corridor from Harrisburg to  Philadelphia. According to Batson, the corridor is important not just  regionally but nationally.</p>
<p><em>Source: Daily Local; 8/26/2010</em></p>
<p><strong> </strong></p>
<h3><strong>West Whiteland municipal building&#8217;s contractor sues township</strong></h3>
<p>The  general contractor for the new West Whiteland Township municipal  building is suing the township for $1.5 million, claiming the township  withheld funds that it and subcontractors were owed. The township says  the building leaks and that is why they withheld payments.  In a lawsuit  filed Aug. 11, attorneys for Magnum, Inc., a Warminster-based company,  said the $1.5 million represented contractual obligations that the  township failed to pay, additional costs due to township-caused delays,  and costs associated with change orders that the township initiated  among other things. Magnum is also trying to recoup expenses incurred as  a result of trying to correct the leak problem. While the township  claims that Magnum performed faulty or defective work, the contractor  claims the alleged deficiencies were caused by the township&#8217;s project  design.</p>
<p><em>Source: Daily Local; 8/23/2010</em></p>
<p><em> </em></p>
<h3><strong>Customers: Rate hike &#8216;horrendous&#8217;</strong></h3>
<p>Protesting  a rate increase that would more than triple the average customer&#8217;s  bill, residents turned out in force Tuesday at two hearings regarding  wastewater rates for Pennsylvania American Water Company. Speakers  described the requested rate, which according to a news release from the  company would raise the average customer&#8217;s monthly bill from $27.43 to  $90.26, as &#8220;unconscionable,&#8221; &#8220;horrendous,&#8221; &#8220;unthinkable,&#8221; and  &#8220;outrageous&#8221; and criticized the company on a range of charges, from  unfairness to poor service. But the primary challenges to the rate  increase were the arguments that the company was unduly shifting an  investment burden to the customers. Company representatives said the  primary reason for the rate increase, which would increase revenues to  the company by $8.2 million, was the construction of a new wastewater  treatment facility in which the company had invested $55 million. The  facility in South Coatesville serves Coatesville, East Fallowfield,  Caln, West Caln, Valley, Sadsbury, West Sadsbury, Highland and West  Brandywine. More than 600 people turned out for the two meetings.</p>
<p><em>Source: Daily Local; 8/25/2010</em></p>
<p><em> </em></p>
<h3><strong>Penn Township embarks on Comprehensive Plan project</strong></h3>
<p>The  Penn Township Board of Supervisors and Planning Commission will be  revising the township’s comprehensive plan. The township will be working  closely with the Chester County Planning Commission to hold 14 work  sessions and two public meetings in the coming months. The task force  will begin in earnest on Wednesday, September 15 at 7 p.m.</p>
<p><em>Source: Chester County Press, 8/25/2010</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-30-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-30-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Real+Estate+News' rel='tag' target='_blank'>Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-30-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: August 23rd, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-23rd-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-23rd-2010/#comments</comments>
		<pubDate>Mon, 23 Aug 2010 13:06:26 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1232</guid>
		<description><![CDATA[West Chester University asked to stop buying real estate West Chester Borough Council passed a non-binding resolution Wednesday night asking West Chester University to stop buying real estate in the borough. The resolution also requests that the university reimburse the borough for tax revenues lost as the result of a recent land purchase. The university [...]]]></description>
			<content:encoded><![CDATA[<h3><strong>West Chester University asked to stop buying real estate</strong></h3>
<p>West  Chester Borough Council passed a non-binding resolution Wednesday night  asking West Chester University to stop buying real estate in the  borough. The resolution also requests that the university reimburse the  borough for tax revenues lost as the result of a recent land purchase.  The university is tax-exempt, which means it does not pay real estate  taxes on the properties it owns. Earlier this year, it purchased two  privately owned buildings on South High Street: the College Arms student  housing complex and a house at 624 S. High St. Borough officials  calculate that the university&#8217;s purchase of College Arms will reduce  real estate tax revenue by more than $7,400 per year. This money,  officials said, will have to be made up by the borough&#8217;s residential and  commercial taxpayers. Borough officials said the university did not  consult with them before purchasing these properties. Officials added  that the purchase violates an agreement the university struck with West  Chester a decade ago not to buy more land in the borough. Borough  officials have long been worried about the high percentage of tax-exempt  properties in the municipality. Properties owned by Chester County,  Chester County Hospital, the West Chester Area School District, the  university, churches and nonprofits cannot be taxed.  Such properties  make up nearly 36 percent of borough land.</p>
<p><em>Source: Daily Local; 8/20/2010</em></p>
<h3><strong>Penn supervisors ponder fate of ordinance records</strong></h3>
<p>Anyone  seeking an up-to-date copy of ordinances passed by Penn Township is  apparently out of luck. The ordinance book is so outdated, no complete  books are available. Supervisor William Finnen urged his colleagues to  accept a $14,735 proposal from McCormick Taylor engineers to prepare the  ordinance book for codification. Board Chairman Curtis Mason opposed  the contract due to its limits. The board agreed to contact Chester  County officials for help.</p>
<p><em>Source: Daily Local; 8/18/2010</em></p>
<p><em> </em></p>
<h3><strong>Coatesville RDA refocuses on future</strong></h3>
<p>The  Flats, the Pulver Hotel, the Chetty project, and the Fleetwood Street  homes are just a few of the redevelopment projects that currently fall  under the purview of the Coatesville Redevelopment Authority (RDA). The  RDA board recently discussed creating a business plan and a strategic  plan to organize the assets for which it is responsible. The board is  also considering seeking help from the Chester County Economic  Development Committee, and voted to create a two-member committee to  work with city staff and the CCEDC in creating these plans.  As changes  in leadership and economic challenges have stalled planned improvements  in the city, the 10-year-old organization has become an increasingly  important partner in the effort to move forward toward completing city  goals. The nonprofit organization offers a wide range of services,  including financing services, a business retention and expansion  program, work force development and industry partnerships, and land and  building site selection.</p>
<p><em>Source: Daily Local; 8/18/2010</em></p>
<h3><strong>East Bradford neighbors complain sun glare is blinding from solar panels</strong></h3>
<p>While  few people may be able to afford large solar panel arrays, one  enthusiastic homeowner on Muirfield Drive in East Bradford covered his  roof with the panels and by doing so created a glare problem for his  neighbors. Township officials say they are aware of the complaint and  are working with the solar company that installed the panels. Brenden  Beaumont, the township&#8217;s zoning officer, said he was working with the  solar company to come up with a solution. The township is now requiring  that a glare study be done as part of the permit process for any solar  application whether it is roof-mounted or ground-mounted.  The study  will examine the angle of the sun at the location of the photovoltaic  system throughout the year on an hour by hour basis as well as the  angles of the panels. The Board of Supervisors recently adopted rules  governing ground-mounted systems requiring that they be no larger than  500 square feet and not be placed in a front yard. In the last three  years, the township has issued permits for about 10 residential solar  systems and one solar farm.</p>
<p><em>Source: Daily Local; 8/18/2010</em></p>
<p><em> </em></p>
<h3><strong>Plans forthcoming for NVF site in Kennett Square</strong></h3>
<p>The  NVF industrial site&#8217;s future awaits a plan to address its various  environmental issues. Abandoned for years, the former industrial site  was recently bought by the Delaware Valley Development Corp.  Borough  Manager Brant Kucera said owner George Beer&#8217;s plans for the site will  likely arrive before borough officials soon. Kucera said earlier plans  for the site included a traditional neighborhood layout of  age-restricted housing with townhomes and single-family dwellings. He  said officials also discussed a commercial or municipal component,  including a community center and shops.</p>
<p><em>Source: Daily Local; 8/16/2010</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-23rd-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-23rd-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Real+Estate+News' rel='tag' target='_blank'>Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-23rd-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate Statistics: July 2010</title>
		<link>http://chestercountyrealestateguide.com/market-update/chester-county-real-estate-statistics-july-2010/</link>
		<comments>http://chestercountyrealestateguide.com/market-update/chester-county-real-estate-statistics-july-2010/#comments</comments>
		<pubDate>Mon, 16 Aug 2010 15:02:16 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[Market Update]]></category>
		<category><![CDATA[Monthly Update]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Market Statistics]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1217</guid>
		<description><![CDATA[The Chris &#38; Caleb Team Assessment: More of the same, Move up Sellers/Buyers have opportunity&#8230; We are pretty optimistic guys, and while the July stats are not &#8220;Doom and Gloom&#8221;, it definitely ain&#8217;t pretty either! Let&#8217;s take a look. . . PENDINGS: Pending indicates future closed sales. We at the Chris &#38; Caleb Team refer [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_1218" class="wp-caption alignnone" style="width: 511px"><a href="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-AllCharts.png"><img class="size-full wp-image-1218" title="Chester County Real Estate Statistics july 2010" src="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-AllCharts.png" alt="" width="501" height="347" /></a><p class="wp-caption-text">Click to Enlarge</p></div>
<h2>The Chris &amp; Caleb Team Assessment: More of the same, Move up Sellers/Buyers have opportunity&#8230;</h2>
<p>We are pretty optimistic guys, and while the July stats are not &#8220;Doom and Gloom&#8221;, it definitely ain&#8217;t pretty either! Let&#8217;s take a look. . .</p>
<p><strong>PENDINGS:</strong></p>
<div id="attachment_1219" class="wp-caption alignnone" style="width: 160px"><a href="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-Pending.png"><img class="size-thumbnail wp-image-1219" title="Pending Home Sales in Chester County, PA July 2010" src="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-Pending-150x150.png" alt="" width="150" height="150" /></a><p class="wp-caption-text">Click to Enlarge</p></div>
<p>Pending indicates future closed sales. We at the Chris &amp; Caleb Team refer to this as &#8220;Intended Demand&#8221;. Pending stats continue to climb out of the incredible hole that the tax credit put it in. Pendings grew to the 350 mark in July, but as you can see, it is still a good way away from where the 5 year trend is and even last years numbers. So, while it is a good sign that pendings are increasing, they are still way off the norm, indicating a slower than usual market.</p>
<p><strong>CLOSED SALES: </strong></p>
<p><strong> </strong></p>
<div id="attachment_1220" class="wp-caption alignnone" style="width: 160px"><a href="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-Demand.png"><img class="size-thumbnail wp-image-1220" title="Closed Sales in Chester County, PA - Demand" src="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-Demand-150x150.png" alt="" width="150" height="150" /></a><p class="wp-caption-text">Click To Enlarge</p></div>
<p>Closed Sales or &#8220;Demand&#8221; for homes in July was way down. We have been warning of this for the last several months after we saw the pendings drop off after the end of the tax credit. It was only a matter of time before the drop caught up with actual closed transactions. Closed sales were off almost a <strong>WHOPPING 40%! </strong>But, as we have seen in Pending Sales indicators, this number will most likely not stay down that far for long. We feel strongly the rest of 2010 will most likely be off by about 20% or more in closed sales.</p>
<p><strong>ACTIVE LISTINGS/SUPPLY: </strong></p>
<p><strong> </strong></p>
<div id="attachment_1221" class="wp-caption alignnone" style="width: 160px"><strong><strong><a href="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-Supply.png"><img class="size-thumbnail wp-image-1221" title="Supply of homes for sale in Chester County, PA - July 2010" src="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-Supply-150x150.png" alt="" width="150" height="150" /></a></strong></strong><p class="wp-caption-text">Click to Enlarge</p></div>
<p>This number is the probably the most concerning of all the numbers we see. Right now the number of homes for sale is roughly 12% over what the 5 year trend is, and easily the most we have seen in recent history. Economics 101 &#8211; Demand slows, supply increases &#8211; it means prices come down and everything slows down. With recent news that experts say that the 2011 economy is going to be worse than this years, these numbers are not good. Buckle up folks, as if things are tough already, it&#8217;s gonna get tougher.</p>
<p><strong> </strong></p>
<p><strong>AVERAGE SOLD PRICE: </strong></p>
<div id="attachment_1222" class="wp-caption alignnone" style="width: 160px"><strong><strong><a href="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-AvgSoldPrice.png"><img class="size-thumbnail wp-image-1222" title="Average sold price of home in Chester County, PA July 2010" src="http://chestercountyrealestateguide.com/wp-content/uploads/2010/08/201007-AvgSoldPrice-150x150.png" alt="" width="150" height="150" /></a></strong></strong><p class="wp-caption-text">Click to Enlarge</p></div>
<p>The average sold price is much more of an indicator as to what price range is selling than it is of what our homes are worth in Chester County. It appears that in July, higher end homes were the hot ticket item. We believe this was driven by &#8220;Move Up&#8221; seller/buyers who were selling their &#8220;First time home buyer&#8221; homes to Tax Credit buyers and then looking for a larger, move up home. In addition, interest rates have been extremely attractive for higher end buyers who have been on the fence, just waiting for such a time. It is very likely that August&#8217;s numbers will rejoin 2009&#8242;s numbers.</p>
<p><strong> </strong></p>
<p><strong><br />
</strong></p>
<h2><strong>What Does This Mean?</strong></h2>
<p><strong>For Sellers: </strong>Unfortunately, nothing new for seller&#8217;s. Not to be a broken record, but if you don&#8217;t have to sell, you probably shouldn&#8217;t. We will say this, one type of home owner that would greatly benefit from selling right now would be what we call a <strong>&#8220;MOVE UP SELLER/BUYER&#8221;. </strong>This is someone who has outgrown their current home for one reason or another and wants to buy a larger house. While you won&#8217;t get as much for you home as a few years ago, the same goes for the home you want to buy, if not more so. If your home&#8217;s value has declined 5% in the last several years, you can be that the larger home that you want is even more on sale. Plus 5% at $200k vs 5% at $400k is quite a difference. Factor in the incredibly low interest rates (4.5% conventional) and this could be the deal of the century. <em><strong>If you are considering selling your home</strong></em> but don’t think you can get enough for it, <a href="../about/contact-chris/">please contact us.</a> We can get you the insight and advice you need to make the best  decision possible. We expect the market to be “depressed” for another  several years, possibly as many as 4 or 5. But that also means that what  you are going to buy will be “on sale” as well. You may make out better  now, than you would in several years. But to know that for sure, let us  get you the facts and information you need to make that educated  decision.</p>
<p><strong>For Buyers:</strong> For those lucky few who are qualified and ready to buy, this in an incredible time to do so. Mortgage rates are historically low at 4.5% for 30 yr conv. or 3.8% for 15 year fixed. With inventory going up, seller&#8217;s will have more and more competition which means their prices will have to come down. BUT – you must make sure you align yourself with the <em><strong>right</strong></em> agent. We are confident that we are those agents. To know what your next steps are just get in<a href="../about/contact-chris/"> contact with us!</a></p>
<h2>Next Steps:</h2>
<ul>
<li><strong>What Is My Home Worth?</strong> Want to get a good idea of    what your home is worth? Complete my <strong><a title="What's my  chester   county home worth?" href="../market-update/market-update/market-update/market-update/my-homes-value/" target="_blank">Home Value Survey</a></strong> and find out what your <a title="What's my chester county home worth?" href="../market-update/market-update/market-update/market-update/my-homes-value/" target="_blank">Chester County Home is worth.</a> . .</li>
<li><strong>What Is That Home Selling For? </strong>“Stop the car, honey     … look at that house. I wonder what it’s selling for” Does this ever     happen to you? Ever wonder what that house is selling for? <a title="View Homes for sale in Chester County" href="../market-update/market-update/market-update/market-update/search-for-homes/" target="_blank">Search and view all homes for sale in the Chester    County area</a></li>
<li><strong>What do I need to know before I sell?</strong> Typically    when a home does not sell, there is one reason…and it isn’t price. <a href="../market-update/market-update/market-update/market-update/contact-chris/">Please    contact me to discuss what you need to know before you sell!</a></li>
</ul>
<p>BTW, We do have very specific data for every price range and area of     town. Want specific data pertaining to your neighborhood or your own     home? We have it! Please let me know if you would like a     neighborhood-specific analysis by<a href="../market-update/market-update/market-update/market-update/contact-chris/"> contacting me!</a></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/market-update/chester-county-real-estate-statistics-july-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/market-update/chester-county-real-estate-statistics-july-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Market+Statistics' rel='tag' target='_blank'>Market Statistics</a>, <a class='technorati-link' href='http://technorati.com/tag/Monthly+Update' rel='tag' target='_blank'>Monthly Update</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/market-update/chester-county-real-estate-statistics-july-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: August 16, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-16-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-16-2010/#comments</comments>
		<pubDate>Mon, 16 Aug 2010 12:34:39 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1224</guid>
		<description><![CDATA[Coatesville seeks accountability for vacant homes After a year&#8217;s moratorium on registration charges for vacant properties, Coatesville City officials plan to discuss reinstating the registration fee during council&#8217;s regular meeting Monday. Two years ago, the city passed an ordinance requiring the owners of a vacant property to register it with the city. The cost for [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Coatesville seeks accountability for vacant homes</strong></p>
<p>After  a year&#8217;s moratorium on registration charges for vacant properties,  Coatesville City officials plan to discuss reinstating the registration  fee during council&#8217;s regular meeting Monday. Two years ago, the city  passed an ordinance requiring the owners of a vacant property to  register it with the city. The cost for registration is $250, but last  year, the city voted to waive the fee. In addition, according to Karl  Marking, city council vice president, some concerns arose regarding how  fairly the statute was administered. A vacant property is defined as one  in which no one resides for more than 60 days, but city officials have  acknowledged that legitimate reasons may exist for a property to be  empty. The ordinance may be amended after council discusses it. Damalier  Molina, urban planning and codes director, is hoping that the fee will  be reinstated, partly to help pay for a new codes enforcement officer.  Molina estimated 125 to 200 properties are vacant in the city. The  primary purpose of the registration is to make it easier for the city to  hold property owners accountable, officials said. Suburban REALTORS  Alliance staff is meeting with the Coatesville codes department early  next week; please submit any comments to <a href="mailto:esmist@suburbanrealtorsalliance.com">esmist@suburbanrealtorsalliance.com</a>.</p>
<p><em>Source: Daily Local; 8/8/2010 </em></p>
<p><strong> </strong></p>
<p><strong>Residents ask Phoenixville to maintain street trees</strong></p>
<p>The  Phoenixville Shade Tree Commission heard from nearly 20 residents  regarding trimming issues and the possibility of the borough turning  tree trimming back over to homeowners. Commission member Paul Kusko told  the audience that the borough is dealing with budget issues. Currently,  by ordinance, the Borough of Phoenixville is responsible for the care  and maintenance of regulated street trees, including the removal of  those that are dead, dying, and/or hazardous. Amid tough budget  conditions this is one borough service that is being considered for  termination for the upcoming fiscal year. This would shift the  responsibility of the maintenance and removal of regulated street trees  back to the homeowners of properties abutting the right-of-way where the  trees are located. Over the past four years the borough has been  spending $40,000 to $80,000 per year on regulated street tree  maintenance and removals.</p>
<p><em>Source: Daily Local; 8/11/2010</em></p>
<p><strong>Hearings scheduled on Coatesville water rate hike</strong></p>
<p>The  Pennsylvania Public Utility Commission said Friday it has scheduled two  hearings to receive public comment on the proposed rate increase by  Pennsylvania American Water Co. Coatesville Wastewater Operations. The  meetings will be held at 1 p.m. on August 24 in Council Chambers of  Coatesville’s City Hall and at 7 p.m. on August 24 at Rainbow Elementary  School (1113 W. Lincoln Highway).  More information on the ratemaking  process is available on the Commission’s Web site at <a href="http://www.puc.state.pa.us/">www.puc.state.pa.us</a>.  Coatesville’s Wastewater Operations provides service to about 6,035  customers in the city of Coatesville, Parkesburg Borough and West  Sadsbury, East Fallowfield, Caln, West Caln, West Brandywine, Valley,  Sadsbury and Highland townships. Members of the public are invited to  attend the hearings and provide comments. Customer testimony will become  part of the record on which the utility commission will issue its final  decision.</p>
<p><em>Source: Daily Local; 8/6/2010</em></p>
<p><em> </em></p>
<p><strong>Tredyffrin to consider regulating student rental housing </strong></p>
<p>The  Tredyffrin Board of Supervisors will consider two ordinances that would  regulate student rental housing in the township at their August 16  public meeting. A proposed property registration ordinance for student  rental housing would require the registration of student contact  information with the township. The ordinance places a limitation on the  number of student tenants living in a home to three. It also provides  for minimum distances between student homes. The Suburban REALTORS  Alliance has been closely monitoring the progress of this ordinance. <a href="http://www.tredyffrin.org/boards/bos/legalnotice.aspx">Click here</a> to read the summary for each ordinance.  Please contact <a href="mailto:esmist@suburbanrealtorsalliance.com">esmist@suburbanrealtorsalliance.com</a> with any questions or comments.</p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-16-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-16-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Real+Estate+News' rel='tag' target='_blank'>Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-16-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: August 9th, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-9th-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-9th-2010/#comments</comments>
		<pubDate>Thu, 12 Aug 2010 13:36:32 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Chester County Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1213</guid>
		<description><![CDATA[Chester County Slip ramp approved for Turnpike, Route 29 Chester County will finally get its slip ramp, an all-electronic interchange linking Route 29 in Great Valley with the Pennsylvania Turnpike. The announcement was made Wednesday at a gathering of state, county and township officials, transportation experts and the developers who have hundreds of millions of [...]]]></description>
			<content:encoded><![CDATA[<h2 id="chester">Chester County</h2>
<h3><strong>Slip ramp approved for Turnpike, Route 29 </strong></h3>
<p>Chester  County will finally get its slip ramp, an all-electronic interchange  linking Route 29 in Great Valley with the Pennsylvania Turnpike. The  announcement was made Wednesday at a gathering of state, county and  township officials, transportation experts and the developers who have  hundreds of millions of dollars invested in local corporate and retail  parks. Located midway between the Downingtown exit (#312) and the Valley  Forge exit (#326), the new ramp will provide access to and from such  business parks as the Great Valley Corporate Center, the Commons at  Great Valley, Atwater and the newly opened Uptown Worthington. Each day  about 45,000 to 50,000 vehicles travel the 14-mile stretch of turnpike  between Downingtown and Valley Forge, Brimmeier said. By 2025, Turnpike  studies estimate 150,000 vehicles a day will use that stretch.</p>
<p><em>Source:  Daily Local; 8/5/2010</em></p>
<h3><strong>East, West Marlborough and Newlin develop regional plan</strong></h3>
<p>Three  townships in the southwestern part of Chester County are developing a  regional comprehensive plan with the goal of preserving agriculture and  managing growth. The three townships, East Marlborough, West Marlborough  and Newlin, formed an ad hoc regional planning taskforce in the spring  of 2009. A draft copy of the Unionville Area Regional Comprehensive Plan  was recently posted on East Marlborough‘s website.  The proposed plan  will be a roadmap for conserving the area‘s natural resources and  directing future development and growth in areas that are already  developed and business corridors. East Marlborough Township Manager Jane  Laslo said Wednesday that the regional planning taskforce hoped to have  a public meeting on the draft plan by the end of the year and adopt a  plan by mid-2011.</p>
<p><em>Source: Daily Local; 8/4/2010</em></p>
<h3><strong>West Chester University outlines plans for expansion of student housing</strong></h3>
<p>West  Chester University officials told local residents that the university  plans to expand its student housing operation. Officials said the  university just spent $4.2 million to buy College Arms, student housing  at High and Rosedale that had been privately owned. Officials said the  university will renovate the building and reopen it in 2011. And  officials said the university plans to add 240 beds to University  Village, university-owned student housing on South Campus in East  Bradford. University officials also said $500,000 has been spent to  acquire a property at 624 S. High St. for offices. These announcements  made some residents uneasy at the university&#8217;s Monday night community  update meeting. Some said they had been under the impression that the  university did not plan to grow its student population. Residents also  said they were concerned about the university&#8217;s acquisition of College  Arms and 624 S. High St. Both of these properties are outside the  &#8220;superblock,&#8221; the area bounded by Rosedale Avenue and New, High and  Sharpless streets that traditionally form the border of North Campus.  Residents said the university&#8217;s recent purchases appear to signal that  the university intends to expand beyond the superblock and into borough  neighborhoods.</p>
<p><em>Source: Daily Local; 8/3/2010</em></p>
<h3><strong>Eastern Shore Natural Gas Co. to expand its pipeline</strong></h3>
<p>Another  natural gas company is expanding its pipeline in the county. Eastern  Shore Natural Gas Company, which transports natural gas to customers in  Delaware, Maryland and Pennsylvania, has a plan to construct a 16-inch  diameter pipeline about 8.3 miles through Lancaster and Chester  counties. The new pipeline through West Sadsbury and Salisbury townships  will extend Eastern Shore‘s pipeline from Parkesburg to a point west of  Honeybrook Borough.</p>
<p><em>Source: Daily Local; 8/2/2010</em></p>
<h3><strong>DASD forges plan to cut debt</strong></h3>
<p>The  Downingtown Area School District has crafted a plan to reduce its debt  service and how much it pays annually in interest. The district received  a Qualified School Construction Bond for $28.3 million in June that is  part of the federal stimulus package. The bond is interest free and is  appropriated for the district&#8217;s new projects — the third middle school,  scheduled to open in 2012, and the STEM Academy, slated to open in 2011.  During a finance committee meeting Wednesday, Chief Financial Officer  Richard Fazio said the district had been saving money for those projects  and has some cash on hand; however, he noted that the interest-free  bonds are very appealing. Therefore, the district will utilize the QSCB  to pay for the construction and use the cash to pay off some of its  other debt services that have interest payments.</p>
<p><em>Source: Daily Local; 7/30/2010</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-9th-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-9th-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Chester+County+Real+Estate+News' rel='tag' target='_blank'>Chester County Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-9th-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: August 2nd, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-2nd-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-2nd-2010/#comments</comments>
		<pubDate>Mon, 02 Aug 2010 12:35:11 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1201</guid>
		<description><![CDATA[New home sales up in June June saw a 23.6 percent increase in the sale of new homes, but that followed a record low in May and is still 16.7 percent below the figures for the sale of new homes in June 2009. At the peak of the housing boom in 2005, 1.28 million new [...]]]></description>
			<content:encoded><![CDATA[<h3><strong>New home sales up in June</strong></h3>
<p>June  saw a  23.6 percent increase in the sale of new homes, but that  followed a record low  in May and is still 16.7 percent below the  figures for the sale of new homes in  June 2009. At the peak of the  housing boom in 2005, 1.28 million new homes were  sold in a year. At  the current rate, it is expected that 330,000 new homes will  be sold by  the end of 2010.</p>
<p><em>Source: Philadelphia Inquirer; 7/27/10</em></p>
<h3><strong>State grants municipalities  stormwater rules extension</strong></h3>
<p>The   Pennsylvania Department of Environmental Protection (DEP) has granted   municipalities a nine-month extension for stormwater management plans.  The  plans were originally to be submitted by September 10 and were to  detail how  each municipality would deal with stormwater runoff and the  resulting pollution  and erosion. Local municipalities were concerned  over the expense of the  mandates and, led by Montgomery   Township,  formed the  Southeastern Pennsylvania Stormwater Coalition. The  coalition hopes to make the  stormwater standards more affordable for  municipalities.</p>
<p><em>Source: Philadelphia Inquirer; 7/28/10 &amp; Times  Herald; 7/20/10</em></p>
<h3><strong>Kennett debates adding 2 supervisors</strong></h3>
<p>Kennett  Township supervisors are considering  increasing the number of elected  municipal officials from three to five. During  the public comment  period at Monday&#8217;s meeting, Supervisor Tom Nale reported  that a  petition is circulating to assess residents&#8217; interest in a referendum to   increase the number of supervisors from three to five. A petition is  necessary  to determine whether this is an issue that Kennett residents  believe is worthy  of turning into a referendum on which the township  electorate would vote.<br />
<em>Source: Daily Local; 7/26/2010</em></p>
<p><strong> </strong></p>
<h3><strong>New Garden begins gearing up for  Baltimore Pike Corridor Study</strong></h3>
<p>The  New  Garden Township Board of Supervisors recently appointed Vice  Chairman Bob  Perrotti to serve as their representative on the Baltimore  Pike Corridor Study  Steering Committee. They also appointed Township  Manager Dan Fox and Director  of Planning and Projects Spence Andress to  serve on the committee that will  begin meeting in September. The goal  of the group will be to study Baltimore  Pike from East Marlborough to  Avondale and  determine long-term plans. The other municipalities will  also name  representatives.</p>
<p><em>Source: Chester  County Press; 7/21/2010</em></p>
<p><strong> </strong></p>
<h3><strong>East Goshen   Township cuts its meeting schedule</strong></h3>
<p>East  Goshen   Township supervisors decided Tuesday to  eliminate workshops  that normally precede their regular meetings. The workshops  are  generally held in a small conference room next to the large meeting room  at  7 p.m. Then at 8 p.m. the board adjourns the workshop and moves  into the  meeting room for its regular meeting. Supervisors Chairman  Senya Isayeff  recommended the board eliminate workshops and just have  the regular meeting because  much of the discussion on various issues  takes place in the workshops.</p>
<p><em>Source: Daily Local; 7/25/2010</em></p>
<p><strong> </strong></p>
<h3><strong>Sewer rates expected to rise in Penn  Township</strong></h3>
<p>Penn  Township supervisors recently discussed an  increase in sewage rates.  The increase is a necessary response to new sewer  regulations that will  require improvements to the existing system, as well as  increased  repair costs due to unwanted materials entering the sewer system.  Items  such as grease and disposable diapers being flushed into the system are   being blamed for ruining sewer pumps. Supervisors have determined that  the  increase will be based upon usage, which will encourage people to  conserve  water. Rates are expected to increase by next quarter.</p>
<p><em>Source: Avon Grove Sun;  7/28/10</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-2nd-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-2nd-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Real+Estate+News' rel='tag' target='_blank'>Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-august-2nd-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: July 26th, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-26th-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-26th-2010/#comments</comments>
		<pubDate>Mon, 26 Jul 2010 11:51:26 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Chester County Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1184</guid>
		<description><![CDATA[Tredyffrin to consider regulating student rental housing The Tredyffrin Board of Supervisors will consider two ordinances that would regulate student rental housing in the township at their August 16 public meeting. A proposed property registration ordinance for student rental housing would require landlords to file contact information with the township. Also, the proposed Zoning Ordinance [...]]]></description>
			<content:encoded><![CDATA[<h3><strong>Tredyffrin to consider regulating student rental housing </strong></h3>
<p>The  Tredyffrin Board of Supervisors will consider two ordinances that would  regulate student rental housing in the township at their August 16  public meeting. A proposed property registration ordinance for student  rental housing would require landlords to file contact information with  the township. Also, the proposed Zoning Ordinance amendment establishes a  new use that the ordinance will regulate termed &#8220;Student Home&#8221;; and  permits this use in the R- ½, R-1, R-2, R-3 and R-4 zoning districts by  special exception approval. Special exception approval means that the  use, in each instance, needs to be approved by the Tredyffrin Township  Zoning Hearing Board. The ordinance places a limitation on the number of  student tenants living in the student home to three. It also provides  for minimum distances between student homes. The Suburban REALTORS  Alliance has been closely monitoring the progress of this ordinance.  Please contact <a href="mailto:esmist@suburbanrealtorsalliance.com">esmist@suburbanrealtorsalliance.com</a> with any questions or comments.</p>
<p><strong><em> </em></strong></p>
<h3><strong>No easy fix for Penn’s sewer issues</strong></h3>
<p>Penn  Township Supervisors discussed the inevitable sewer fee rate increases.  Board Chairman Curtis Mason explained in addition to the required 537  (sewer) plan, which will cost $2.3 million, there are a number of  unfunded mandates by DEP –such as constructing additional lagoons and  upgrading pumps.  There are also issues with foreign objects in the  sewer system, and the township is imploring residents not to use garbage  disposals at all. While the increases have not yet been calculated, the  new rates will be reflected in the next quarter’s bills for both  commercial and residential customers.</p>
<p><em>Source: Chester County Press; 7/14/10</em></p>
<p><strong><em> </em></strong></p>
<h3><strong>West Chester officials fret over vacant building in disrepair</strong></h3>
<p>West  Chester Borough Council unanimously agreed Tuesday night to take legal  action against the owners of a vacant building at 16 E. Gay St., in the  heart of the borough&#8217;s business district. Borough officials said the  building&#8217;s owner has allowed the building to fall into disrepair.  Council members said they will take whatever legal action is necessary  to assure the property is repaired. The building has been vacant for an  extended period of time, and the property owners cannot prove that it  does not pose a threat to health and safety. Officials said the  building’s owner has not allowed the codes department to inspect the  inside of the building. In June, the codes department started issuing  citations to the owners.</p>
<p><em>Source: Daily Local; 7/20/10</em></p>
<p><strong><em> </em></strong></p>
<h3><strong>Workshops to highlight community resources in Coatesville area</strong></h3>
<p>More  than a dozen organizations were represented during the launch of a  series of nine free summer workshops that will provide information to  homeowners and renters who are in financial trouble — or trying to avoid  it. The series of programs, &#8220;Help Yourself, Help Your Neighbor: Get  Informed!&#8221;, will include information on mortgage foreclosure prevention,  home weatherization options, employment and training, and credit  counseling. The workshops will also provide opportunities for customers  to better understand and manage their water and energy bills. Many of  the representatives said renters and homeowners have options to improve  their properties that many people are unaware exist. The first program,  on budgeting and money management, will begin at 10 a.m., Saturday, July  24, at 800 S. First Ave., South Coatesville. A complete list of  programs is available at <a href="http://www.chesco.org/helpyourself19320">www.chesco.org/helpyourself19320</a>; or residents can call 610-344-6900 for more information.</p>
<p><em>Source: Daily Local; 7/18/10</em></p>
<p><strong><em> </em></strong></p>
<h3><strong>Neighbors join in Coatesville revitalization effort</strong></h3>
<p>With  cleanup efforts such as Coatesville Impact Day, held on the morning of  July 17 along West Lincoln Highway, residents are banding together to  clean their city and return pride to their neighborhoods in the process.  The committee that is responsible for this effort, Weed and Seed,  according to the city&#8217;s Web site, is a &#8220;community-based initiative … an  innovative and comprehensive multi-agency approach to law enforcement,  crime prevention and community revitalization.&#8221; Coatesville has been  designated both a state and federal Weed and Seed site, and it can  receive funding as a result. The Weed and Seed subcommittee will host  its next meeting at 6 p.m. Thursday, July 29, in City Hall.</p>
<p><em>Source: Daily Local; 7/18/10</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-26th-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-26th-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Chester+County+Real+Estate+News' rel='tag' target='_blank'>Chester County Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-26th-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: July 19, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-19-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-19-2010/#comments</comments>
		<pubDate>Mon, 19 Jul 2010 11:21:57 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Chester County Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1180</guid>
		<description><![CDATA[Marshallton streetscapes project criticized by local residents West Bradford Township‘s Marshallton Streetscapes project has hit another major snag as a group of village residents are opposed to the current design saying that it will adversely impact the historic fabric and preservation of the village. The group says, in a flyer distributed to households in the [...]]]></description>
			<content:encoded><![CDATA[<h3><strong>Marshallton streetscapes project criticized by local residents</strong></h3>
<p>West  Bradford Township‘s Marshallton Streetscapes project has hit another  major snag as a group of village residents are opposed to the current  design saying that it will adversely impact the historic fabric and  preservation of the village. The group says, in a flyer distributed to  households in the village: ”If we can‘t work together with the  supervisors, representatives and PennDOT to affect a plan that addresses  at a minimum these issues, then it is better for the plan to be  cancelled than to get implemented as it currently stands.” Some of the  issues they are referring to are plans for a 26-foot wide road,  five-foot wide sidewalks and handicapped ramps. The township, meanwhile,  is fighting the clock to try and meet all the requirements to get $2  million in federal funds to pay for the Streetscapes project.</p>
<p><em>Source: Daily Local; 7/12/10</em></p>
<p><em> </em></p>
<h3><strong>Spring City considers updating sewer plan</strong></h3>
<p>The  Spring City Sewer Committee has recommended updating and revising the  borough’s 537 sewer plan. The plan was last updated in 1969, and the  borough currently cannot approve any new developments. The committee has  also suggested entering into a joint municipal sewer authority with  East Vincent Township. East Vincent currently has 300,000 gallons of  unused capacity per day. The borough may apply for state and federal  grants after the 537 plan has been developed.</p>
<p><em>Source: Pottstown Mercury; 7/12/10 </em></p>
<p><em> </em></p>
<h3><strong>Tax burden still highest in Oxford municipalities</strong></h3>
<p>A  review of the cumulative millage rates in Southern Chester County shows  that residents of Oxford area municipalities have the heaviest tax  burden. However, because the Oxford Area School District Board of  Directors managed to deliver a budget for the 2010-2011 school year that  did not raise the millage rate from last year’s level of 29.5479 mills,  the gap narrowed between Oxford municipalities and other townships in  the last 12 months. Oxford Borough’s municipal tax rate of 10.50 mills  is the highest of any municipality in the county, topping the City of  Coatesville (8.915 mills) and Parkesburg (8 mills). Add in the still  comparably lofty school taxes in the Oxford Area School District, and  Oxford Borough residents actually have the second highest tax  burden—44.0129 mills—of any municipality in the area. Parkesburg, with a  cumulative 47.0850 mills leads the way, thanks to a high school tax  rate required to support the Octorara School District. The common  denominator for both school districts is a relatively weak commercial  tax base to help support the burden of property taxes.</p>
<p><em>Source: Chester County Press; 7/7/10</em></p>
<p><em> </em></p>
<h3><strong>Uwchlan reviews comprehensive land-use plan changes</strong></h3>
<p>Uwchlan  Township supervisors next month will likely adopt revisions without  major zoning ordinance changes to the comprehensive land-use plan that  was last updated in 2000. Bob Smiley, an outside consultant hired by the  township to update the plan, told the board on Monday night during a  public hearing that it is not recommended that any parcels in the  township be changed from one zoning district to another. The township  has 1,800 acres of protected land, which is equivalent to 27 percent of  its total land. The township has 3,100 acres, or 46 percent, of land,  for residential uses. About 60 acres are left for low-density housing,  which could add about 60 dwellings. Additionally, the township has about  181 acres available for medium-density housing developments, which  could produce about 116 homes. More than 10 percent of the land in the  township is occupied by commercial property. The township also has 32  acres of commercial property left that could yield about 100,000 square  feet of space. Additionally, the township has 490 acres of  industrial/commercial property available for development.</p>
<p><em>Source: Daily Local; 7/14/10</em></p>
<p><em> </em></p>
<h3><strong>Oxford updates sidewalk upgrades</strong></h3>
<p>Traffic  lanes are tightened, and finding a sidewalk in the business district  can be a challenge as Oxford progresses with its major streetscape  project on South Third Street. On July 12, Borough Council approved a  fourth payment of $90,987 to Flyway Excavating for the project. Funding  for the $1.5 million streetscape improvements includes $1.3 million from  the Chester County Department of Community Development. The project  replaces 17 old streetlights with 39 new ones in a Victorian style that  matches the architecture of the downtown. In addition to new lighting,  new sidewalks are being put in place with &#8220;bump outs&#8221; to help define  pedestrian crossings. Foot traffic through the business district is a  challenge, but that has not stopped a few new businesses from entering  the borough.</p>
<p><em>Source: Daily Local; 7/14/10</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-19-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-19-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Chester+County+Real+Estate+News' rel='tag' target='_blank'>Chester County Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-19-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chester County Real Estate News: July 12th, 2010</title>
		<link>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-12th-2010/</link>
		<comments>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-12th-2010/#comments</comments>
		<pubDate>Mon, 12 Jul 2010 13:49:49 +0000</pubDate>
		<dc:creator>Chris LaGarde</dc:creator>
				<category><![CDATA[Chester County]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Chester County Real Estate News]]></category>

		<guid isPermaLink="false">http://chestercountyrealestateguide.com/?p=1174</guid>
		<description><![CDATA[West Pikeland to submit sewage plan for review The West Pikeland Board of Supervisors voted unanimously to have its Act 537 plan for public sewage in the Pickering Estates development reviewed by various agencies and the public. The West Pikeland planning commission, the Chester County planning commission and the county health department must all review [...]]]></description>
			<content:encoded><![CDATA[<h3><strong>West Pikeland to submit sewage plan for review</strong></h3>
<p>The  West Pikeland Board of Supervisors voted unanimously to have its Act  537 plan for public sewage in the Pickering Estates development reviewed  by various agencies and the public. The West Pikeland planning  commission, the Chester County planning commission and the county health  department must all review the plan and provide feedback. The Act 537  plan is now in working draft form and has outlined the construction of a  new facility at the Windolph Knoll site, near the intersection of Route  401 and Upper Pine Creek Road. According to the plan, the soils on that  site have been tested and are approved for a drip irrigation system.  Beyond the Windolph Knoll site, the 537 plan outlines two other options  that were analyzed by the township. Those sites could still be a  possibility, but several factors would have to change to make them more  attractive. The plan is for 64 homes located in Pickering Estates, which  is east of Route 113. There are other affected homes, but they are  located on lots that are larger than two acres and have ample space to  relocate their on-lot septic systems, according to the plan. The plan  states that the Windoplh Knoll project will cost each affected customer  about $28,000. The 537 plan also stipulates that the township will pass a  sewage management program that includes proper inspections for the  upkeep of septic systems.</p>
<p><em>Source: Daily Local; 7/1/2010</em></p>
<p><em> </em></p>
<h3><strong>From bare-bones to lavish, township buildings run  the gamut in Chester County</strong></h3>
<p>In the world of municipal buildings, West Marlborough’s  township building would take the prize for the most bare-bones municipal  complex in the county. The township doesn’t own any land, doesn’t have a  Web site, and holds its board of supervisors meetings in its  maintenance building next to the dump truck. Over in Pocopson Township,  the philosophy is to keep things small, said former Supervisor H.  William Sellers. The township has about 3,300 residents but it is  estimated that half of those are in institutions such as Pocopson Home  and the Chester County Prison and juvenile facility. The township  doesn’t have a township manager, just a township administrator and  treasurer. Public meetings and administrative functions are conducted in  an old public works garage off of Route 52.  At the other end of the  spectrum, West Whiteland recently opened a new $16.8 million township  building. The 33,000-square-foot building sits on 8.9 acres that was  given to the township by the developer of Main Street at Exton.</p>
<p><em>Source: Daily Local; 7/4/2010</em></p>
<p><em> </em></p>
<h3><strong>East Caln Township approves plan for homes in park</strong></h3>
<p>East Caln Township supervisors Monday unanimously  approved a proposed development for 70 multi-family homes on about seven  acres in Kardon Park. Progressive Housing Ventures proposed to develop a  portion of the park that is not currently part of litigation before the  Orphan&#8217;s Court. The court is still deciding whether Downingtown can  sell Kardon Park for private development. The matter was reviewed during  nine hearings over the course of approximately eight months. One reason  for the long process was the proposed development&#8217;s detractors,  including Ann Feldman, president of the Friends of Kardon Park. Feldman  was given party status in the hearings but her group was not. Afterward,  she said the decision &#8220;was expected.&#8221;</p>
<p><em>Source: Daily Local; 7/3/2010</em></p>
<p><em> </em></p>
<h3><strong>Oxford Borough to consider zoning change to  regulate open space in HOAs</strong></h3>
<p>Oxford Borough Council will conduct a public hearing to  consider the enactment of an ordinance amending the existing Borough  Zoning ordinance regarding the permanent protection of open space. The  proposed borough regulations provide for the maintenance and  accessibility of open space within a condominium or homeowners  association. The meeting will take place on July 19 at 7 p.m. in the  Oxford Borough building (410 East Market Street).</p>
<p><em>Source: Daily Local; 7/1/2010</em></p>
<p class="facebook"><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-12th-2010/" target="_blank"><img src="http://chestercountyrealestateguide.com/wp-content/plugins/add-to-facebook-plugin/facebook_share_icon.gif" alt="Share on Facebook" title="Share on Facebook" /></a><a href="http://www.facebook.com/share.php?u=http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-12th-2010/" target="_blank" title="Share on Facebook">Share on Facebook</a></p>
<!-- start wp-tags-to-technorati 1.01 -->

<p class='technorati-tags'>Technorati Tags: <a class='technorati-link' href='http://technorati.com/tag/Chester+County+Real+Estate+News' rel='tag' target='_blank'>Chester County Real Estate News</a></p>

<!-- end wp-tags-to-technorati -->
]]></content:encoded>
			<wfw:commentRss>http://chestercountyrealestateguide.com/chester-county-pa/chester-county-real-estate-news-july-12th-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
