Chris’s Assessment
First, let me point out something that is somewhat obvious… I have changed my charts a bit, hopefully for the better. I’d love your opinion! I changed them to make them simpler. Now what you are looking at is the line for the current year, last year, and then the 5 year trend line. [...]
Continue reading about Chester County Real Estate Statistics: February 2010
Overview
Statistics by School Districts
Chris’s Assessment:
SELLERS: As noted last month, the inventory has taken a dramatic dive due to the tax credit. This means there is less competition. We are about to enter into the spring market, so inventory will begin to increase again. But, the extended/expanded tax credit will be pushing people to look for [...]
Continue reading about Chester County Real Estate Statistics: January 2010
I love Chester County for many reasons, but we have to admit that the market here has been extremely isolated compared to the national market’s trouble. I was very unsure what was going to happen last year coming out of doom and gloom at the end of 2008. It turned out not to be so [...]
Continue reading about Year in numbers for the Chester County Real Estate Market
December closed out the year with further indications of a budding recovery, illustrating we’ve come far from the pessimistic outlook this time last year. Soft home prices, affordable financing conditions as well as the government’s tax break targeted at the housing market have contributed to providing the much needed boost to the housing market. Solid [...]
Continue reading about National Real Estate Outlook for January 2010
Chris’s Assessment
Supply and Demand are the key indicators for where a market is going. Consequently, those are the numbers I am always keeping an eye on to help me understand exactly what the market is doing. That is also why I name two of the key graphs Supply and Demand. After compiling the latest numbers [...]
Continue reading about Chester County Real Estate Statistics – December 2009
Small steps to economic recovery continued last month. Among the positive readings was the report of a third quarter GDP growth rate of 2.8 percent, which followed four consecutive quarterly declines. This advance comes in well ahead of that of our Canadian neighbors, whose economy was once anticipated to be the first country out of [...]
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Continue reading about Chester County Market Video Update: November 2009
Market Summary Report:
Chris’s Assessment:
The Tax Credit Factor: Bottom line – the tax credit “worked”. When you look at October and November numbers, it is very clear that many buyers were draw to taking action in Chester County because of the Home Buyer Tax Credit. This is apparent when looking at several factors. First is percentage [...]
Continue reading about Chester County Real Estate Statistics – November 2009
Interest rates are a full point below what they were this time last year
With interest rates being unpredictable, sellers need to do all they can to capture buyer’s attention
What are the benefits to hiring a professional stager?
How many minutes do you have to sell the house to a buyer?
What colors can atttact buyers?
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Continue reading about This Month in Real Estate – November 2009
Quick report of home sales by zip codes for Chester County. Great information
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Continue reading about Chester County Numbers by the Zip Code
