I will share my opinions with those seeking to sell or buy a home in PA. My expertise is Delaware County PA and I have connections with local experts throughout US. I work with buyers, sellers and investors. How much is my home worth? Whom to call for a loan? Where to find Market Watch Reports? Those are perfect questions - I'll be glad to help. www.brankadoych.com Office: 610-627-4937 Best Number to call 610-420-0498
Real Estate Trends in Media PA
- Blog by Branka
- Media, PA, United States
- Direct: 610-420-0498 Office 610-627-4937 BHHS Fox and Roach Realtors Email: Branka@BrankaDoych.com Visit my website: www.BrankaDoych.com
Monday, August 9, 2010
8th Annual Fine Arts & Crafts Festival coming to Rose Tree Park
The Wallingford Community Arts Center is planning its 8th annual Fine Arts and Crafts Festival. It will be held from 10 am to 5 pm Saturday and Sunday, September 25th and 26th at Rose Tree Park near Media. The juried festival attracts fine artists who offer only original art in ceramics, fiber, jewelry, mixed media, photography, wood, watercolor, oil, acrylic, mosaic, painted furniture, and printmaking. Visitors will enjoy live music, art demonstrations, and children's activities. Fine food vendors will offer refreshments. Mark your calendars!
Friday, August 6, 2010
'Peachy' 'Festival at Linvilla
Linvilla Orchard's Peach Festival will be held from 9 am to 6 pm Saturday and Sunday, August 7th and 8th at the farm on W. Knowlton Road in Middletown Township. Children will watch Ringling Brothers and Barnum and Bailey trained Officer Offbeat's stilt walking and juggling act, take a ride on the train or enjoy a pony ride. There will be a magician, contests, and other fun. The market is featuring peachy treats and the Linvilla Grill will be open for lunch.
Thursday, August 5, 2010
Message about Prudential Fox & Roach and our current market
From Larry Flick August 4, 2010
An Invisible Wall
There are many conflicting signals about the direction of our economy. We have entered into a challenging, fragile time and I expect we will remain here for the next few months. Summer 2010 began without fanfare, but marked an important milestone for our real estate market: it’s been one year since it hit bottom. During this time more buyers and sellers came together as each tax credit expired. But now activity has dropped off quite a bit. It seems as if our market has hit an invisible wall.
It’s always been predicted that the recovery would be slow and choppy; however, it’s clear our economy is in recovery. In the past year, we’ve experienced:
• Employment growth Six out of last eight months
• Private sector employment growth Past six months
• Personal income Seven consecutive months
• Wages and salaries Seven consecutive months
• Real estate sales Twelve months of improvement
The data supports that we are in a recovery, yet many consumers believe we are still in a recession. They are paying down debt and spending less. Businesses are still feeling the sting from the worst downturn since the Great Depression. Their caution has resulted in slow job growth, and banks are lending less.
The benefits of the federal economic stimulus package and real estate tax credits are dwindling. While the financial woes of Greece and other parts of Europe are not a direct threat to us, they have contributed to a significant drop in our stock market. It’s no wonder consumer confidence dropped two months in a row!
Our Local Real Estate Market
As mentioned, we’ve had 12 months of improving real estate sales:
We anticipated that real estate sales would drop after the expiration of the tax credit, but in June and July the decline was more than anticipated. There is a silver lining, however. It appears that the pressure on the high end market has started to ease:
An Invisible Wall
There are many conflicting signals about the direction of our economy. We have entered into a challenging, fragile time and I expect we will remain here for the next few months. Summer 2010 began without fanfare, but marked an important milestone for our real estate market: it’s been one year since it hit bottom. During this time more buyers and sellers came together as each tax credit expired. But now activity has dropped off quite a bit. It seems as if our market has hit an invisible wall.
It’s always been predicted that the recovery would be slow and choppy; however, it’s clear our economy is in recovery. In the past year, we’ve experienced:
• Employment growth Six out of last eight months
• Private sector employment growth Past six months
• Personal income Seven consecutive months
• Wages and salaries Seven consecutive months
• Real estate sales Twelve months of improvement
The data supports that we are in a recovery, yet many consumers believe we are still in a recession. They are paying down debt and spending less. Businesses are still feeling the sting from the worst downturn since the Great Depression. Their caution has resulted in slow job growth, and banks are lending less.
The benefits of the federal economic stimulus package and real estate tax credits are dwindling. While the financial woes of Greece and other parts of Europe are not a direct threat to us, they have contributed to a significant drop in our stock market. It’s no wonder consumer confidence dropped two months in a row!
Our Local Real Estate Market
As mentioned, we’ve had 12 months of improving real estate sales:
We anticipated that real estate sales would drop after the expiration of the tax credit, but in June and July the decline was more than anticipated. There is a silver lining, however. It appears that the pressure on the high end market has started to ease:
Labels:
buyers,
real estate market information,
sellers
Wednesday, August 4, 2010
Branka's August Real Estate Update
Here is a link to my "August Real Estate Update":
This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.
This month's issue includes topics such as:
"Five Keys To Successful Negotiations";
"How to Recognize a Sellers Market";
"Most Neighbors Still Connect The Old Fashioned Way";
"Making Your Home Appealing On A Budget";
"Final Walk-Through Tips";
Plus a roundup of July real estate activity as well as much more advice and information.
I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.
This month's issue includes topics such as:
"Five Keys To Successful Negotiations";
"How to Recognize a Sellers Market";
"Most Neighbors Still Connect The Old Fashioned Way";
"Making Your Home Appealing On A Budget";
"Final Walk-Through Tips";
Plus a roundup of July real estate activity as well as much more advice and information.
I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
Labels:
buyers,
buying bankowned home,
home buyers,
sellers
Sunday, July 11, 2010
Branka's July Real Esate Update
Here is a link to my July Real Estate Update - thank you for your patience, very busy times and I am grateful for it. http://realtytimes.com/140/BrankaDoych
This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.
July issue includes topics such as:
"How To Make Buyers Want Your Home";
"Debunking Credit Score Myths";
"Choosing The Best Home";
"Home Warranty FAQs";
"Should You Move Up?";
Plus a roundup of June real estate activity as well as much more advice and information.
I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.
July issue includes topics such as:
"How To Make Buyers Want Your Home";
"Debunking Credit Score Myths";
"Choosing The Best Home";
"Home Warranty FAQs";
"Should You Move Up?";
Plus a roundup of June real estate activity as well as much more advice and information.
I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
Tuesday, June 1, 2010
Green Topics
For those with interest in green topics:
There is only one week until our first Green-Unplugged event - Communicating Sustainability 2010, June the 7th at the Cavendish Centre, London.
We have an amazing line up of presenters from brand, advertising, communications and marketing disciplines to educate and entertain you about the hows, whys, dos and don'ts of communicating sustainability.
Discover how leading brand are increasing brand value and gaining the competitive advantage by putting sustainability at the heart of their communications strategy.
You can view the days agenda here: http://green-unplugged.com/programme.html
There is only one week until our first Green-Unplugged event - Communicating Sustainability 2010, June the 7th at the Cavendish Centre, London.
We have an amazing line up of presenters from brand, advertising, communications and marketing disciplines to educate and entertain you about the hows, whys, dos and don'ts of communicating sustainability.
Discover how leading brand are increasing brand value and gaining the competitive advantage by putting sustainability at the heart of their communications strategy.
You can view the days agenda here: http://green-unplugged.com/programme.html
Branka's June Real Estate Update
This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.
This month's issue includes topics such as:
"Plenty of Reasons to Buy a Home Even After the Tax Credit";
"It's a Good Time For a Home Inspection";
"Appealing Your Property Tax Bill";
"Where is Real Estate Headed?";
"Is Your Home in Tip-Top Shape for Sale?";
Plus a roundup of May real estate activity as well as much more advice and information.
Note from Branka: I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
Labels:
buyers,
Real Estate,
real estate investors,
sellers
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