Real Estate Today

Real Estate Today is brought to you by The Phoenix and Jennifer Daywalt, Phoenixville's Home Town Realtor, and the Top Realtor for 5 years! Jennifer not only works in Phoenixville but lives here! Jennifer can be reached at Re/Max Results Realty at 610-489-7355 or directly at 610-999-7693. Questions can be e-mailed to Jennifer at Sellinghomesjenn@aol.com. More information can be found at www.JenniferDaywalt.com!


Saturday, March 24, 2012

To Grow or Not To Grow.

TO GROW OR NOT TO GROW...
 
Are we moving forward or not?  That is the question that should be on everyone's minds.  I've watched the criticism and the support of various situations in the Borough of Phoenixville and Schuylkill Township regarding the Fillmore Street Properties, The building of homes on Phillips, the apartments and storefronts on Bridge as well as the new building for administration and police.

I realize that different people will have different opinions due to their situations and location.  Of course there will be people against certain developments and building.  There are very good reasons for their opposition and it is not easy to dispute them.  I also understand those that are in support of the additional building in Phoenixville.  I understand the tax issues, the school issues, the traffic issues.  I pay school taxes in Phoenixville, I have children in the school system and I am in the traffic everyday.

As a Realtor who watches the Phoenixville Real Estate Market very closely I thought I'd offer an opinion based solely on the growth of Phoenixville.  Some will agree, some will not.  This blog is not to incite arguments but discussion.  It is not to say some people are right and some are wrong.  I don't believe there are any right or wrong opinions.  My goal is to provide a professional opinion regarding a few situations.

Growing an area means growing pains.  There is absolutely no way around that.  Although the Phoenixville Real Estate Market is doing very well in comparison with other areas there has been a loss in value.  Many sellers are frustrated and want those values back.  Most of those sellers are staying in the Phoenixville Real Estate Market.

Often heard is that Phoenixville has come a long way but there is a long way to go.  I agree.  But in order to continue to grow hard choices will need to be made.  Who would have thought just a few years ago that Phoenixville would be part of a walkability survey, mentioned as one of the TOP 10 places to live in Philadelphia Magazine, would be voted a Great town to live in Main Line Magazine and would have shops and restaurants mentioned as the Top in the Area?  This is growth.

Growth will bring traffic into the area.  It will bring people from out of the area to visit.  It will mean change and change is not easy.  I'm the first to admit that I don't like change but also the first to admit that once I accept it and embrace it I realize it was for the best.

If we want our community to continue to grow and I don't know too many people that don't then we need to grow.  The condos and storefronts on Bridge Street will bring more shoppers, more community members going to restaurants, more community involvement.  It will bring more businesses into the area thus more people recognizing Phoenixville.  This in turn will help us fill the vacant storefronts downtown.  It's actually a simple concept.  More people come into the area to shop because we are offering more options for them.  In turn the shop owners realize a larger profit, thus bringing more businesses into the area as they see the growth. 

The developments on Fillmore and Phillips will bring more tax dollars to the area.  Always remember that the newer the house, the higher the taxes because they are assessed at their true value, not a value 10 years ago.  But more importantly new developments will bring a larger more involved community and that is a positive for Phoenixville.

Builders are willing to build in Phoenixville.  That should show every Phoenixville resident that we are important, that we are thought of as the place to be and that builders are willing to take a chance to build new homes in our town.  They have confidence in our community.  This will make others look and help build even more confidence and grow Phoenixville. 

The new police/administration building will show other communities that we are growing.  It will prove to those wanting to move into Phoenixville that we are on the move and nothing could be more important.

I did not grow up in Phoenixville.  I grew up in Norristown.  And since the day I was born all anyone heard was how Norristown was going to grow.  Afterall it is the county seat.  Year after year the promises came.  But the Borough of Norristown did not care about building the town.  They made it difficult if not impossible for business in the area to be a part of the community.  They did not care about the upkeep of the homes and the slum landlords moved in.  They did not care about the crime.  They did not grow.  The result of that was a town that most people will not drive through let alone walk through.  The very few businesses are leaving.  It is a dead town because no one cared to move forward. Norristown fought every good thing that came its way from renovating buildings to businesses which would have brought a huge tax income to the borough not to mention numerous jobs. 

It was an old school town and no one wanted change and they did not want the growing pains.  But they did receive change.  They received high crime rates, abundant slum lords and a community that was stuck.  And what they are left with is a over-crowded Real Estate Market filled with homes that will not sell and when they do they are selling at 25-50% less than they did just 10 years ago.

So while I understand everyone has their opinion, as a community we have a choice.  Come together and understand that there will be lots of things that we perhaps won't like at first but realize that in the end it will grow the community.  Growing the community will mean higher Real Estate values, more tax income and move visitors to our Downtown bringing with them money. 

Yes there will be obstacles to overcome.  There will be problems.  But if as a community we come up with solutions instead of just complaints perhaps it can be a win-win situation for everyone.  But ask yourselves...change will come whether you like it or not.  Do you want that to be a positive change or do you want it to be negative?

 
Jennifer Daywalt, Realtor
RE
/MAX Results Realty
Phoenixville's Home Town Realtor
Top Realtor 2004-2011
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" in The Phoenix
RE Blogger for The Phoenix
610-489-7355 Main - 610-999-7693 Direct

Friday, March 23, 2012

Homes Available in Phoenixville!

 
GREAT HOMES AVAILABLE IN PHOENIXVILLE!

 

What can you purchase in Phoenixville?  There are many options from condos to twins to rowhomes and singles.  Price ranges start at below $100,000 for a home that will need work up to over $700,000 and every number in between.

Choose to reside Downtown where you can walk to the Parks, Library, Shopping and Restaurants.  Or choose a home on the outskirts of town in Schuylkill or East Pikeland Township.  Whatever your wants and needs Phoenixville has the home for you!

Perhaps you want a pool for those hot summer days or a shaded lot with mature trees?  A townhome so that your weekends are free for your hobbies?  A townhome Downtown so you can leave your car at home on the weekends?  We have all of that right here in Phoenixville.

Rates are GREAT and the prices are rising.  Now is the time to start your search and become a homeowner!  For a complete list of homes available visit www.Jenniferdaywalt.remax.com.  Happy House Hunting!

Jennifer Daywalt, Realtor
RE
/MAX Results Realty
Phoenixville's Home Town Realtor
Top Realtor 2004-2011
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" in The Phoenix
RE Blogger for The Phoenix
610-489-7355 Main - 610-999-7693 Direct

Friday, February 10, 2012

Get A Jump Start on The Spring Market!

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Get a Jump Start on The Spring Market!
 
All indications are that the Phoenixville Real Estate Spring Market will be HOT!  We have been experiencing an "early" Spring Market since January.  Buyers are looking for their home!  With interest rates at 4% and prices just perfect homes are selling.
 
Now is a great time to begin your search for a home.  While the majority of buyer's will wait until Spring Fever overcomes them, those that are searching now and securing their home are in a great position!  There are a variety of great homes on the market from single homes to twins to townhomes.  Homes in every price range are available!
 
Most buyers are finding that they can own their own home for a monthly mortgage payment less or equal to what they currently pay in monthly rent and they gain the added bonus of tax write-offs. (Consult your Accountant).
 
Be sure to view all available homes at www.Jenniferdaywalt.remax.com and find the one for you!
 
 
 
Jennifer Daywalt, Realtor
RE
/MAX Results Realty
Phoenixville's Home Town Realtor
Top Realtor 2004-2011
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" in The Phoenix
RE Blogger for The Phoenix
610-489-7355 Main - 610-999-7693 Direct

Friday, January 27, 2012

Why Are Houses Selling?

I've been asked this question time and time again.  A client wants to see a property and I have to deliver the news that it is under contract or a Realtor contacts me regarding a listing and it is already under contract.  Why are houses selling?  They are selling because regardless of the type of Real Estate Market we are experiencing all people need and want a place to live.  When rents are the same monthly payment as a mortgage it just makes more sense to own your property!  There are tax benefits and the happiness associated with coming home to YOUR home.
 
Rates are low which in turn mean a Buyer can afford more house as the monthly payments will be lower.  This will not last forever and Buyers are realizing this.  Sellers have grown into the market and understand the value of their home in today's Real Estate Market.  These two factors alone are bringing in a wild and strong Real Estate Market in our area.
 
Buyers are also beginning to realize that it isn't as difficult to become approved for a mortgage as they thought.  Lots of negative media coverage and the advice friends and family, who have great intentions, but are misinformed are moving to the wayside for the true facts and Buyers are discovering that they indeed can not only qualify for a mortgage but can afford one.
 
Families are growing and those that have homes are looking to upgrade to a larger home.  New marriages and new families are ready to own their own piece of the pie.  They are moving forward with excitement and a positiveness that we haven't seen for quite some time.
 
So what are you waiting for?  Rates won't remain low and the prices in Phoenixville are rising!  It's time to get out there now before the market is flooded with buyers and choose your home.  You can own a home priced at $100,000 and up.  There are choices for everyone.  For a complete list of homes available visit www.JenniferDaywalt.remax.com.  Have some fun, search the site, and decide for yourself if your home is waiting for you!
 
 
Jennifer Daywalt, Realtor
RE
/MAX Results Realty
Phoenixville's Home Town Realtor
Top Realtor 2004-2011
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" in The Phoenix
RE Blogger for The Phoenix
610-489-7355 Main - 610-999-7693 Direct

Tuesday, January 10, 2012

New Year's Resolutions!

Let's face it, millions of New Year's Resolutions are made and forgotten within the 1st week of January. Everyone has great intentions, including myself, but life somehow gets in the way. Perhaps we set our goals too high or we just don't know how or where to get started with our new goals.

If purchasing a home is one of your New Year's resolutions here are some great reasons not to bypass that one! Rates are low. Very Low. More than likely they will only go up, up, up! Home prices are stable. Phoenixville is still experiencing growth and if the beginning of this year is any indication for the type of Real Estate Market we will have through the rest of the year, we are in Great shape. Tax benefits are there for the taking! Everyone complains about paying too many taxes. Owning your own home helps you reduce some of that tax burden by allowing you to deduct the taxes you pay and the interest you pay on your mortgage. (Please consult with your accountant for exact and more information regarding tax advantages. I am not an accountant.)

Many buyers are finding that their mortgage payment is going to be lower than their rental payment. Wow it's been a while since we have heard that and it's true today. And with that being the case why wouldn't you purchase a home?

Of course you have those who will always be negative about any situation. So decide for yourself if it is better to rent or own. Take into account what you pay monthly in rent including utilities. Then speak to a Local Realtor and/or Mortgage Lender and decide what a monthly mortgage payment would be on a mortgage. After making that decision speak to an accountant about the tax deductions you would receive by having a mortgage. Add everything up over the period of one year and make your decision.

You can view a complete list of homes available at www.JenniferDaywalt.remax.com. Take the plunge into the New Year and make owning a home a top priority!

 
Jennifer Daywalt, Realtor
RE
/MAX Results Realty
Phoenixville's Home Town Realtor
Top Realtor 2004-2011
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" in The Phoenix
RE Blogger for The Phoenix
610-489-7355 Main - 610-999-7693 Direct

Monday, December 19, 2011

It's Time To Get Serious About Buying!

 
IT'S TIME TO GET SERIOUS ABOUT BUYING!
 
Soon we will be past the Holiday Season and although the cold weather will remain it's definately time to get serious about purchasing a home.  The rates are still low which provides purchaser's with more buying power; the home prices have definately stabilized; and there are great choices for buyers in every price range!
 
The Seller's Market can return just as quickly as it disappeared and without warning.  If your intention is to buy a home do not become caught in the web of the Real Estate Guessing Game. 
 
Financing options are available that allow you to purchase without a downpayment and the option of a 6% Seller Assist through USDA and VA.  A small 3.5% downpayment is offered with FHA as well as up to a 6% Seller's Assist and conventional financing with different downpayment options available. 
 
Visit www.JenniferDaywalt.remax.com for a complete list of homes available in the area.  If you need guidance applying for a mortgage email Sellinghomesjenn@aol.com or call directly at 610-999-7693.  You may be pleasantly surprised to find you do qualify for a mortgage.
 
Give yourself a gift this year and be in your new home for 2012!


Jennifer Daywalt, Realtor
Phoenixville's Home Town Realtor
RE/MAX Results Realty
Licensed in PA since 2001
Top Realtor 2004-2011 
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" Saturday The Phoenix
Real Estate Blogger for www.Phoenixvillepatch.com
Real Estate Blogger for The Phoenix Newspaper
Hall of Fame Achiever
Main Office 610-489-7355 *Direct Line 610-999-7693

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Friday, November 11, 2011

OPEN HOUSE WEEKEND!

 
OPEN HOUSE WEEKEND IN PHOENIXVILLE!
 
Thanksgiving is on its way and what a great time to be Thankful for fabulous interest rates, stable home prices and the Holiday Entertaining Season on it's way. Now is a great time to purchase a home!  You can still be in YOUR home by the Holiday Season if you act quickly!
 
Prices ranges are available to fit any buyer's comfort level and the homes are in all shapes and sizes!  Pick yours today by visiting www.JenniferDaywalt.remax.com
 
Be sure not to miss 4th Avenue's Open House Weekend!  First be welcomed into this great single family home complete with Rich Hardwood Floors, Warm Wood Burning Fireplace, Lots of bright sunlight through all new windows and an office as well as a 2 car garage!  This home is offered at $264,000.  See it Sunday from 1-3 - 129 4th Avenue.
 
The next open house on Sunday from 1-3 is located at 148 4th Avenue features a inviting twin home with a charming front porch, Rich Hardwood Floors, New Roof and Heater as well as a garage and 3 very good sized bedrooms.  Did I mention the walk in closet and fully renovated bath?  All of this for $215,000.
 
This is a great weekend to find YOUR home.  Stroll down beautiful tree-lined 4th Avenue with the crisp fall air at your back and a rainstorm of bright colorful leaves and choose your home!  Can't wait to meet you there!
 
 
Jennifer Daywalt, Realtor
RE
/MAX Results Realty
Phoenixville's Home Town Realtor
Top Realtor 2004-2011
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" in The Phoenix
RE Blogger for The Phoenix
610-489-7355 Main - 610-999-7693 Direct