Expanded Home Buyers Tax Credit Voted Up By Senate and House Today Just today the United States House of Representatives voted 403-12 to extend and expand the Home Buyers Tax Credit. The National Association of Realtors has provided this helpful document summarizing the details of the new Home Buyers Tax Credit. Following the 48-0 vote by the United States Senate yesterday, and remembering our civics lessons, the Home Buyer Tax Credit will become law effective on the date that President Obama... Read Full Story

First Time Home Buyer Credit Cliff Hanger .  .  .  To Be Continued! The Senate is working on approving  The First Time Home Buyer Tax Credit Extension. Part of the proposal is to Expand The Home Buyers Credit for existing home sellers/home buyers but so far there is no Senate Vote. Possibly next week there may be a vote ready to go to the House and from there who knows? From Soap Operas like Days of Our Lives  (”tune in tomorrow for the next exciting episode”), to Dallas, we’... Read Full Story

Months Supply of Inventory/Absorption Rate: *Lower Merion Township, Radnor Township and Willistown Township  have earned two Mops for their Months Supply of Inventory and Days on Market for September 2009 as compared to September 2007. Of course the market will look a lot healthier when the volume of Sold and Under Contract transactions begins to move in a more positive direction. Township DOM MSI #Sold Lower Merion 102 (+38%) 10.9 (+8%) -14% Radnor 97 (+90%) 8.9 (-25... Read Full Story

Mops, Sponges and The Months Supply of Inventory The Third Quarter Tredyffrin Real Estate Absorption Rate is looking more like a normal real estate market instead of one drowning in inventory. Some months I have felt like I needed a huge mop to soak up the excess inventory. And in some markets that’s still the image that resonates. But here in Tredyffrin Township for the Third Quarter Real Estate Market, we’re showing signs of recovery. The months supply of inventory is down to 5.6 mont... Read Full Story

Good New For The Tredyffrin Real Estate Market? Should I take my Listing off the market for the holidays? As the Market Dynamics for Tredyffrin Township show, all of the Median Price indicators are down for September 2009 as compared to September 2008 and September 2007. While it’s painful to write that all of the Median Price indicators are down, we could view these statistics as a positive indicator. Not to get in front of the market, but the fact that the number of sold transactions are ac... Read Full Story

Blog Action Day 2009 l Climate Change ">Today is Blog Action Day 2009 l Global Climate Change is the topic that Bloggers around the world have agreed to write about with the goal of raising awareness on one critical issue that impacts each of us.  Climate Change and Climate Control are big issues! Big enough to be overwhelming. But we need to resist the temptation to do nothing. We each need to accept responsibility for the future our planet in big and small ways. I’m a proud Mom who... Read Full Story

Judy Peterson’s 15 Must Have iPhone Apps For Real Estate So here I am now 4 months into in-tech love with my iPhone. I keep rewriting this post about how wonderful the iPhone is for Real Estate Agents. And the reason for the constant editing is that it seems that every day I find another great App that comes onto the market that’s helpful to Realtors® in the daily practice of real estate. It’s an awesome Christmas morning feeling when I see that little update light go on telling me that... Read Full Story

The 1st Annual Paoli Blues Fest and Street Fair Saturday 10/3/09 Bring Canned Goods For REACT The Deb Callahan Band Plus 15 other Bands will be performing in Paoli with a FREE Concert at the location of the Paoli Village Shoppes across from the Paoli Train Station and in other Paoli area locations such as Malvern Federal, Ace Paoli Hardware (my fav for kids toys and fix it help!), CVS in Paoli Plaza and the Paoli Design Center all sponsors of the event. Bring some non-perishable food donat... Read Full Story

There are no shortage of opinions about our current real estate market. Just about everyone has become a real estate prognosticator. I will say that I’ve never seen anything quite like this market in my 18 years as a Realtor.  More than usual, the Buyers and Sellers appear to be marching to the beat of a different drummer. This is apparent in the disconnect between the August increase in the Median For Sale Price and the drop in the Median Sold Price and Under Contract Price. From the 5% medi... Read Full Story

5th Annual Historic House Tour -Tredyffrin Historic Preservation Trust Saturday September 19th between 12 noon and 5pm (rain or shine). Mark your calendars for the annual tour of historic homes in Tredyffrin Township. The 5th Annual Historic House Tour Ticket  Order Form can be used if you like to mail your check or you can order your Tour Tickets online at the Tredyffrin  History website. Highlights for The Tredyffrin 5th Annual Historic House Tour will Antoinette's Day Spa Paoli Pa 19301 sh... Read Full Story