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!


Monday, August 22, 2011

What Can You Buy In Phoenixville?

The Fall Market is Approaching!
 
Summer will soon be in the past and Fall will be in the air with fires building, leaves falling, and cool, crisp evenings.  Fall is also the time for The Local Real Estate Market to pick up!  Buyers are back from vacation, kids are back in school and the buyers are on the prowl again.  What can you expect to pay in the Phoenixville Real Estate Market? 
 
Downtown Phoenixville:
 
$119,000 will enable you to purchase a cute 3 bedroom home with fenced yard!
$199,900 will purchase a fantastic 3 story twin home with lots of character! 
$239,900 will purchase a fantastic twin with C/A and Finished Basement!
$184,000 will purchase a great 3 bed/1.5 bath twin w/Finished Basement & Deck!
$174,000 will purchase a SINGLE home with garage and off street parking!
$115,000 will purchase a SINGLE with a Garage - Needs lot of care!
 
Outside of Phoenixville:
 
$209,000 will purchase an immaculate home in Coatesville - SINGLE!
$510,000 will purchase an Oaks Newer Single Home with Media Room-Amazing 
$272,000 will purchase a Limerick 55+ home with 3 bedrooms and 2 baths/Garage!
$192,000 will purchase a charming 2 bedroom Norristown single with garage!
$169,900 will purchase a quaint single 2 bedroom home in W. Norriton!
$450,000 will purchase a 13 Acre Farm in Boyertown area.
 
Homes Coming Onto The Market in September:
 
$229,000 - Fabulous town home without association fee w/walk out basement- Phoenixville
$249,900 - Single Home with Attached and Detached Garage! Private setting - Phoenixville
$199,900-Great Newer Twin Home with Family Room - Phoenixville
$175,000 - WOW an Avenue House with Off Street Parking - Phoenixville
$174,000- Charm Filled Twin Home with Off - Street Parking - Phoenixville
 
Now is the time to buy!  Great prices, excellent rates make it so affordable.  For information on the above listings visit www.JenniferDaywalt.remax.com or email me at Sellinghomesjenn@aol.com.  Do you want to know what comes on the market?  Receive daily emails from me directly to 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

Saturday, August 6, 2011

Hire A Local Realtor!


Hire A Local Realtor!
 
A potential buyer rides by your home and becomes excited!  They just saw a home up the street but have been waiting for your home as they have always admired it!  They have to make a quick decision...they are leaving for vacation the next week and they don't want to risk losing your home.  They call your Realtor and explain they need to see the property today.  They also explain that they saw another home up the street but were estatic to see your home listed!  They are more than excited only to hear the Realtor representing your home state that they won't be able to show the property today, but offer a time the following day.
 
Or perhaps you have great professional and colorful brochures out front of your home.  You run out and know how important it is to have it stocked for buyers.  You call your Realtor only to have them come a few days later to put the brochures in the box.  Your call went in on a Friday, you have now missed an entire weekend.
 
You are so excited to have your home on the market and absolutely thrilled that a Realtor told you the house was worth much more than even you thought.  But 3 months later you've only had 1 showing and now realize that the house was overpriced from the very beginning.  Now you are locked into a listing agreement with an agent who did not know your market well enough.
 
These are only a few reasons you should use a local Realtor.  It is important to have someone who works AND lives near your home.  That will make them available for last minute showings and if there is an immediate need to show the house.  You also want and agent who can keep up with the marketing, including the on-site marketing.  Pricing your home is very important, especially in this market.  It's great to hear that your home is worth more than you even thought, however what is the point in that if it isn't going to sell?  Using a LOCAL Realtor will ensure your home is priced correctly.
 
For more information on the local market visit www.JenniferDaywalt.remax.com.  Be sure to send any Real Estate questions to Sellinghomesjenn@aol.com to be answered directly and sometimes in the Ask The Realtor column every Saturday in The Phoenix Newspaper.

Jennifer Daywalt, Realtor
Phoenixville's Home Town Realtor
RE/MAX Results Realty
Top Realtor 2004-2010 
www.JenniferDaywalt.remax.com
Author of "Ask The Realtor" Saturday The Phoenix Newspaper
Real Estate Blogger for The Phoenix Newspaper
Main Office 610-489-7355
Direct Line 610-999-7693

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Tuesday, August 2, 2011

Rent vs. Buy

SHOULD YOU RENT OR SHOULD YOU BUY?

The debate continues over whether it is best to own a home or rent a home. There have been various news articles on the internet providing different views on this subject. The answer won't come from anyone but yourself.

Let's face it, we all have to live somewhere whether we are paying rent or a mortgage is the question. At this time, rents are high. You rent a home for a year, move out, and you are not refunded any of the rents you paid through that year period. You don't gain and you don't lose.

If you purchase a property and pay a mortgage will it be a good investment? Obviously there have been some issues with the Real Estate Market. We continually hear the media speaking of short sales, foreclosures, and a terrible market. Of course there are short sales and there are foreclosures. These types of sales are present in both buyer and seller markets.

So will a purchase be a good investment? I believe so and here is why. If you are going to live in the property for a couple of years, the market will return and it is already returning. No we are not seeing the high sales prices we have in the past but we are making a steady upward turn towards higher market values. Homes are selling and although there are exceptions, they are selling in a reasonable amount of time. Will some be short sales? Foreclosures? Will some Seller's lose money? YES of course they will and again that happens in any type of market.

Keep these things in mind. You have to pay to live regardless of whether it is rent or a mortgage payment. The market in specific areas, Phoenixville being one, is moving upward. The rates are very low and the prices are affordable. Many times a buyer will find they can purchase and have a lower monthly payment with a mortgage then they would renting a property. And those numbers cannot be disputed.

So if you are on the fence about purchasing a home look at the pros and cons and make the decision on what will work better for you. Will your mortgage payment be less than a rent payment? Will you purchase more for your money now with low interest rates and good market values then you will be able to in a year or so? Is owning a home and making it your own important to you? Only you can make the decision for yourself.

95% of the sales I have made this year for Seller's have resulted in a profit. Some very large profits and a few marginal. But the point is, they resulted in a profit. Those that did not bought during a VERY high market, sold very quickly or had a 2nd mortgage on their properties that had to be paid.

Not sure what is available to you? Visit www.JenniferDaywalt.remax.com for a complete list of homes available. 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