News
January began the new decade with indications that the economy is beginning to gain traction. Real GDP grew by 2.2 percent in the third quarter of 2009 and preliminary signals point to a continued positive trend for the following quarter. GDP is a measure of total products and services produced by a country and indicates [...]
Continue reading about National Real Estate Outlook: February 2010
Last summer I it took a “bold” step out into the unknown and signed up for a new and intense Keller Williams training course called “BOLD: Business Objective – Life of Design”. Intense it was. . . The entire 8 week course was geared around conditioning our thinking and mindset, and the skills needed to [...]
Phoenixville receives $250,000 grant for downtown streetscape
Congressman Jim Gerlach contacted Main Street Manager Barry Cassidy on Dec. 15 to confirm that $250,000 was secured for additional funding toward Phoenixville’s downtown streetscape project. The federal grant will be used to do work on the development of the Barto property. Since the Barto property currently does not [...]
Continue reading about Chester County Real Estate News: Week of January 11th
As you know by now, the First Time Home Buyer Tax Credit has been extended until April 30th, 2009 and also expanded to include some home owners selling their home and buying another. So what are the results that the credit passed last year had on the overall market? Let’s take a quick look at [...]
Continue reading about Results of the First Time Home Buyer Tax Credit in 2009
Tax hike looming in Chester County budget
Taxpayers could see their Chester County property tax bills increase slightly again next year if the commissioners’ proposed 2010 budget is adopted as is. But the three commissioners have vowed to seek further reductions in administrative expenditures to make whatever tax increase less than what is currently foreseen. The [...]
Continue reading about Chester County Real Estate News – Week of December 5th
Cost of living to rise in Kennett Square if council approves new budget
It will cost anywhere from $500 to $1,200 more to live in Kennett Square next year, if the proposed budget is adopted next month. The bottom line: Taxes will go up one mill (or amount of tax per thousand dollars of property value); [...]
Continue reading about Chester county real estate news – week of November 27
Easttown residents opposed to Earned Income Tax
Facing a forecasted operating deficit of as much as $1 million for 2010, the township has been exploring the implementation of one or more Act 511 taxes (often referred to as “nuisance taxes”) including an Earned Income tax (EIT)—an unpopular revenue-generator in Southeastern Pennsylvania. Many of the 250 residents [...]
Continue reading about Chester County Real Estate News at A Glance: Week of October 26th
Easttown Township to explore earned income tax as revenue option
On Monday, Oct. 19, at 8:00 p.m., the Easttown Township Board of Supervisors will be presented with information on Earned Income Tax and other Act 511 taxes by the Pennsylvania Economy League. The meeting is to be held at the Beaumont Elementary School, 575 Beaumont Road, [...]
Continue reading about Chester County Real Estate News at a Glance – Week Ending October 16th
Honey Brook Borough passes Residential Inspection Ordinance
Honey Brook Borough Council adopted a use and occupancy inspection ordinance for all residential properties. The ordinance, which includes several amendments suggested by the Suburban REALTORS® Alliance, was previously considered by Borough Council at a public meeting in August. Click here to read the revised ordinance. The ordinance will [...]
Continue reading about Chester County Real Estate News at a Glance – Week of October 5th
The Chester County commissioners launched construction of the Chester Valley Trail this week. The trail, for hiking and biking, will eventually connect Chester County with Philadelphia. So far land has been acquired, a design drawn up, and funding obtained. Culverts have been repaired or rebuilt.
The first phase of the project runs from the Church Farm [...]
Continue reading about Construction of Chester Valley Trail begins
