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Chester County PA Real Estate Market Trends - November 2015

by Scott Darling

Realtor.com has ranked the HOTEST Real Estate Markets in November. The temperatures may be dropping but California real estate is hot, hot, hot scoring 12 of the top 20 spots with San Francisco as #1. The good news for the rest of the country is trends always seem to start in California and move eastward. This bodes well for our local market in 2016!

Residential activity in Chester County (Single-family and Condo)


chester county real estate

chester county real estate
 

What's happening in the Local Market?

November was right where expected, sales up, but not by as much as we’ve been seeing, and prices level. Year-to-date sales are up 14% and median sales price is up 2%. Looking ahead to next year as predictions from experts begin to appear: more of the same. Strongest headwinds are low inventory and the probability of mortgage rates increasing, although it’s unlikely that the expected increase to 4.5% by the end of 2016 will adversely impact home sales.

chester county real estate

 

Curious about the value of your home? Get your home's value here!

What Realtors Do

by Scott Darling

realtor

Think you know what a real estate agent does on a daily basis?  You might have to think again in order to correctly identify all the responsibilities on the shoulders of your REALTOR (a real estate agent who is a member of the National Board of Realtors).   You most likely would be surprised—and impressed—to discover the wide range and long list of activities undertaken by your REALTOR in your pursuit of buying/selling a home.

A basic job description would include renting, and buying, and selling (oh, my!) real estate for clients, interviewing potential clients, previewing and showing  property, discussing sales conditions, drawing up and presenting offers, holding open houses, and writing contracts—all the while meeting deadlines and hand-holding when necessary.  Oh, but there is so much more for your REALTOR to do, including, but certainly not limited to, the following duties:

  • Staying current with market trends in your area
  • Analyzing comparables
  • Exploring and evaluating mortgage options
  • Finding buyers or properties for clients
  • Scheduling appraisals
  • Keeping up with changing federal/state laws and program
  • Negotiating between parties
  • Preparing MLS listings
  • Promoting properties via ads, web sites, videos, and virtual tours
  • Completing required courses, attending seminars, and the like
  • Coordinating inspections, walk-throughs, and closings
  • Arranging for title searches

But did you know that the National Association of Realtors awards grants to groups of state and local real estate associates who attempt to go above and beyond in promoting and expanding housing opportunities in their communities?  These REALTORS work together to design and implement affordable housing programs and are thus eligible for the NAR grants twice a year.  In addition, the NAR offers programs, training, and resources for these groups.  Click here for details of the Housing Opportunity Program.

Remember, real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally pre-screen and accompany qualified prospects through your property.                                                                                

Contact us!  We’re qualified, experienced, and looking forward to assisting you.

Courtesy of Chester County PA Real Estate Expert Scott Darling!

Putting Up Your Christmas Tree Without Making a Mess Of Your Home

by Scott Darling

christmas tree

The time is upon us and Christmas will be here before you know it.   Finding the right Christmas tree for your  home can be a lot of fun if you go about it the right way and with a few guidelines. Below are some tips for putting up your Christmas tree without messing up your home.

  • The first thing you should do even before purchasing your Christmas tree is to prepare your home for its arrival.  If you have furniture that will need to be moved out of the way in order for your tree to take its rightful spot in your home then go ahead and move it out of the way before you leave so that when you arrive home you won’t have to worry about it being in your way. 
  • Be sure to put a sheet down before you drag the Christmas tree across your hardwoods.  The sap that is possibly still present in your tree can get onto your hardwood floors and destroy them if you are not careful.   This will also make it easier for you to put the tree where you want it as it will alleviate you having to carry the tree through the house. 
  • Take measurements where you want your tree to go before you go get one.  This way when you are searching for a tree you know exactly what size you will need for the space allotted.  No one wants to pay top dollar for a Christmas tree only to get it home and realize you have to cut three inches or more off so that it won’t hit the ceiling. 
  • Water your tree daily to avoid it catching on fire due to dry and brittle branches.  Be sure if your tree is not freshly cut that you trim at least a half inch off the bottom of the tree before you place it in its stand and water it, otherwise the tree will not be able to absorb the water and therefore will die prematurely and may catch fire.   

Now that you have read these tips for setting up your Christmas tree, you better get on out there and get you one of your own before Christmas has come and gone!

Courtesy of Chester County PA Realtor Scott Darling.

7 Reasons To List During The Holidays

by Scott Darling

Wondering if the holidays are a good time to put your home up for sale? Here are 7 reasons to list your home during the holidays...

list during holidays

Courtesy of Chester County PA Realtor Scott Darling.

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Scott Darling
RE/MAX Action Associates
403 W. Lincoln Highway #101
Exton PA 19341
(610) 594-SCOT
610-363-2001
Fax: (610) 363-5275