Posted by hgottlieb under Uncategorized
It’s time to buy again
For the first time in years, buying a home may beat renting. Home prices have finally dropped enough to create a buying opportunity. Renting has usually come out ahead. Buying typically leads to higher monthly and annual bills once all costs are factored in — mortgage payments, property taxes, maintenance and transactional costs. But the american dream is still home ownership. Depending on where you live, it makes a better investment to buy than rent.
As the job market starts to stabilize and consumer confidence starts to improve, we should see demand and sales pick up.
Welcome Day Celebration – A Newtown Street Fair with Flair
An Annual Event sponsored by the Newtown Business & Professional Association
A juried arts show and and fun activities for the whole family are organized by members of the Newtown Business & Professional Association.
Play the œPassport Challenge for a chance to win an Apple iPad grand prize or additional prizes.
**** Find a Gold Ticket in your FREE NBPA tote bag & get INSTANT CASH
- Arts Festival
- Music and Dance
- Food Stations
- Free Games + Prizes
- Kids Fun Zones
- Flight Simulator
- Moon Bounce + more!
Visit the Food Court for Tasty Treats!
Arts and Crafts show with Local
For more info goto : http://www.newtownbpa.org/welcome_day.php
1. Grab them from the curb.
You’ve seen them. Buyers hunkered low in their cars in front of your house, doing drive-bys before deciding whether to request a showing or attend an open house. Make these potential buyers fall in love with your home from the street by adding potted plants and flowers, power-washing patios and walkways, weeding the garden and mowing the lawn. It’s your first chance to make a good impression, so you’ve got to make it count.
2. Make it sparkle.
Pretend that your mother or mother-in-law is coming for a visit. Think hotel clean. Mop, dust, vacuum, wash windows, baseboards ” even the cat. Remember that people will look in your cupboards, under your sinks and in your closets. Also, pay particular attention to odors. You might even consider consulting a neutral nose by having a friend come by for a smell test.
3. Pay attention to color and light.
You may love hot pink in the living room, but too-bright colors turn buyers off. Neutralize strong colors for the broadest appeal. A neutral home appears larger and has less chance of offending someone. Also, open up blinds and draperies to make sure there’s sufficient natural light throughout the home. Remember, lighting is the most effective way to set a mood.
Few things deter buyers more than a cluttered home. They need to see your home, not your stuff. Excessive personal items like photos, collections, personal awards, electronics and collectibles will make it difficult for buyers to see past your personal style and may deter a sale. Taking yourself out of the picture makes it easier for buyers to imagine themselves, and their stuff, in your space.
5. Consider replacing furnishings.
Think about removing or replacing worn or outdated furnishings and get rid of extra pieces. The time has come to move beyond matching furniture, so break up your sets; dated can easily become eclectic with editing and rearranging. Consider consulting with a professional staging company for design direction and advice on rental furnishings to create an inviting home with broad appeal to a wide range of buyers.
6. Invest in new artwork.
Displaying new artwork is a great way to breathe new life into a room. Photography can be used to contemporize a room and add a splash of color as well.
7. Make repairs.
Make your home a high-maintenance zone. Repair squeaky doors, chipped or smudged paint as well as broken fixtures and fittings that you’ve neglected.
8. Apply a fresh coat of paint.
It’s the best bang for your buck that will quickly refresh a dull, dated room. Slap a fresh, neutral color on the space. Choose a beige or taupe for living spaces and a neutral green or blue for bathrooms.
9. Don’t forget the floors.
Get rid of worn carpets, and consider refinishing shabby hardwood floors. An inexpensive new area rug is a quick fix and can disguise the look of old floors.
10. Spring for new light fixtures.
Renew the look of the room by replacing old or dated light fixtures, door hardware, light switches and outlets. If it’s tacky and older than you, get it out of there.
With the impending Spring showers, it is time to take inventory of your possessions and make sure your Flood Insurance covers your most valuable items. If you are living in an area where floods are common, you need a flood insurance which is separate from a home owners’ insurance. The distinction is that homeowner™s insurance covers water falling from the sky; flood insurance covers water rising from the ground.Flood insurance covers most damage to your home, business and personal property caused by temporary inundation of water. It includes mudflows, but not landslides.
One limitation to flood insurance is basements. Improvements such as sheetrocked walls, finished floors and personal belongings in a basement are not covered by flood insurance; essential household equipment such as furnaces or water heaters is covered.
And keep in mind: If you get a policy today, it doesn™t go into effect until 30 days after it™s purchased.
Regardless of whether you purchase flood insurance, it™s a good idea to conduct a home inventory.
Home warranties can be a smart investment that takes some of the financial pressure off of new home buyers. This does not mean buyers will not need home owner’s insurance but they can add protection against large monetary pay-outs to repair many items around the house.
To decide if home warranty is the right investment, home buyers should consider the following:
- Find a trustworthy company whose track record is sound and complete.
- Read the fine print. Learn what exclusions exist and which may not make the warranty practical.
- Keep in mind that the warranty company deems the right to determine if the repair or replacement is worthy of a claim.
- Usually warranty companies work with their own contractors. This means home owners may not be able to hire their own preferred contractors.
- There may be a deduction or a fee charged prior to assesing the repair.
- The company may require an inspection of the home before offering a plan.
- If the warranty is offered throught a home seller, there maybe no negotiation on the coverage that the company offers.
Keller Williams is Named #1 among Big Companies as the Best Place to Work in 2011.
With the slow growth in the real estate market for the past 5 years, it is hard to imagine anyone feeling thrilled working in real estate.
The people who work for Keller Williams Real Estate say they are really happy working at the real estate franchise company, which has 23 offices and 2,122 employees in the Philadelphia metropolitan area, according to information supplied by the company.
Based on the responses to The Inquirer, Daily News, and Philly.com Top Workplaces 2011 survey, Keller Williams, with 78,000 employees in the United States and Canada, headed the list of top large companies.
“Keller Williams is a great place to work because it focuses not only on growing successful businesses, but also on personal growth,” said Amanda Nettles, the Exton office manager.
There has been a recent growth in rentals. Rental vacancies have dipped below 10% where they have been for the past 3 years.
See chart below:
Now that the recession is easing, many of these young people are ready to find new digs, mostly as renters, not owners. Plus, the foreclosure crisis continues unabated, and the millions losing their homes are looking for new places to live.
So how does the Langhorne PA real estate market look these days? Currently Langhorne has a average listing price for homes for sale of $395,218. The Bucks county average currently is $360,327.
The current number of properties on the market in Langhorne is 125. The Langhorne median listing price is $387,742.
For Bucks county real estate the total listings are 9,361 and a median listing price of $239,086. This compares to Pennsylvania real estate data, which this week shows a total number of listing properties as 66,373 with a median listing price of $198,143.
For more informations on local listings please visit my website www.howardgottlieb.com