Real Estate Trends in Media PA

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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

Thursday, August 12, 2010

2nd Saturday Arts Event in Media, PA - August 14th

Over 30 businesses on and around State Street in Media stay open late on the 2nd Saturday of every month as part of a free arts event. From 6:00 to 9:00 pm, shops, galleries and cafes host local musicians or display the work of local artists. Stroll the friendly streets of Media and use M.A.C.'s map to find music, art and participating shops. Pick up a map at participating businesses on 2nd Saturday; or look for it on the website a few days before 2nd Saturday. For more information, check out the Media Arts Council website:   http://www.mediaartscouncil.org/

Wednesday, August 11, 2010

Green tip for the day!

Cleaning your dryer's lint filter can slash its energy usage by as much as 30%!

Most people clean the lint from the filter after every load of clothes....or so we think we do. Dryer sheets cause a film over the mesh filter which can burn out the heating unit or cause longer than normal drying times. You can't SEE the film, but it's there. The best way to keep your dryer working for a very long time (and to keep your electric bill lower) is to take that filter out and wash it with hot soapy water and an old toothbrush (or other brush) at least every six months. Your dryer could last twice as long!

Tuesday, August 10, 2010

Family movie night in Media

The Media Recreation Board will host another free Family Movie Night 8 p.m., Saturday, Aug. 14. The film, “The Iron Giant, will be projected on a giant movie screen in Barrall Community Park, State and Edgmont Streets. The audience is encouraged to bring blankets or low back beach chairs for seating. For further information, contact the Media Recreation Board at recreation@mediaborough.com or call 610-566-5210, ext. 255.

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:
















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!