Delaware Valley Real Estate - OnPoint with Letitia Stevenson

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Has There Ever Been a Better Time to Buy a Home? (Delaware Valley Real Estate - Southeastern PA)

Has There Ever Been a Better Time to Buy a Home? (Delaware Valley Real Estate - Southeastern PA)

 

While Southeastern Pennsylvania house prices have declined since the peak of the market (down 7.15% since 2006*), prices have appreciated over the past ten years (up 71% since 2000*) and housing (in my opinion) has become the most attractive asset class in America, especially for investors, as well as, home buyers looking to stay put for a while.

 

You may be asking yourself: "Has There Ever Been a Better Time to Buy a Home?" Well, there is a time for everything, including buying a home. But how do you know if the time is right for you? In the Fall/Winter 2011 issue of The Chairman's Report (Southeastern Pennsylvania Edition), Larry Flick, Chairman and CEO of Prudential Fox & Roach REALTORS, looks at several ways of answering this question using regional market trends.

 

*Source of Above Data: Case-Shiller Home Price Index. Single-Family Aggregate Index, 2000Q1=100), SA (Philadelphia Metro Division PA Counties: Bucks, Chester, Delaware, Montgomery, Philadelphia). 

 

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 Buying, Selling, or Just Curious? Contact Letitia Stevenson for Your Real Estate Needs!

Letitia Stevenson, REALTOR®  | Licensed in DE, PA & MD |  Prudential Fox & Roach, REALTORS® 

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Delaware Valley Real Estate and Homes for Sale:
Greenville Homes 19807 | Hockessin Homes 19707 | Avondale Homes 19311 | Bear Homes 19701 | Chadds Ford Homes 19317 | Kennett Square Homes 19348 | Landenberg Homes 19350 | Middletown Homes 19709 | New Castle Homes 19720 | Newark Homes 19702 19711 19713 | Pike Creek 19808 | West Chester Homes | Wilmington Homes | Custom Home Search | Mobile Home Search

3 commentsLetitia Stevenson • October 23 2011 02:14PM

Short-term Risk vs. Long-term Reward (Delaware Valley Housing Market)

Short-term Risk vs. Long-term Reward (Delaware Valley Housing Market)

We are all familiar with the long-term attraction of owning real estate. But, with the slow economic recovery, many people are putting their lives on hold. If you are in a situation where you can buy a home now (and you’re still on the fence), consider the balance between risk and reward. You may discover that now is the time to act and take advantage of favorable conditions: record low interest rates, great selection of homes, sensible home prices, etc.

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The Chairman’s Report: A Message from Larry Flick, Chairman and CEO of Prudential Fox & Roach, REALTORS® and the Trident Group. The Summer/Fall 2010 edition of The Chairman’s Report takes a look at the short-term risk versus the long-term reward as it relates to the local housing market in Philadelphia and surrounding areas.

View more documents courtesy of Letitia Stevenson.

The report ends with a quote by Mark Twain - “Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” And, it asks the question:

When you look back, what will you say?


 Buying, Selling, or Just Curious? Contact Letitia Stevenson for Your Real Estate Needs!

Letitia Stevenson, REALTOR®  | Licensed in DE, PA & MD |  Prudential Fox & Roach, REALTORS® 

Active Rain | Facebook | LinkedIn | Trulia | Twitter | Zillow | Website | Blog

Check Out and "Like" Letitia's Delaware Valley Real Estate Facebook Page

Letitia eNewsletter

Delaware Valley Real Estate and Homes for Sale:
Greenville Homes 19807 | Hockessin Homes 19707 | Avondale Homes 19311 | Bear Homes 19701 | Chadds Ford Homes 19317 | Kennett Square Homes 19348 | Landenberg Homes 19350 | Middletown Homes 19709 | New Castle Homes 19720 | Newark Homes 19702 19711 19713 | Pike Creek 19808 | West Chester Homes | Wilmington Homes | Custom Home Search | Mobile Home Search

0 commentsLetitia Stevenson • September 06 2010 08:53PM

Philadelphia Live Arts Festival and Philly Fringe (September 3 - 18, 2010)

Philadelphia Live Arts Festival and Philly Fringe (September 3 - 18, 2010): Enjoy performing artists from Philly and around the world!  The Somers Team shares their picks!

Courtesy of Letitia Stevenson| Prudential Fox & Roach, REALTORS | www.recoachhomes.com

Fringe is Back for Fall 

Via Christopher and Stephanie Somers - Realtors - Philadelphia Real Estate (Owner - RE/MAX Access):

Oh no, not that fringe. Fringe is something entirely different in Philadelphia. Live Arts and Fringe Festival is one of those yearly events that is so inherently Philadelphian that you can't help but love it, hate it, and be confounded by it all at the same time. You go to a bunch of shows that are mind-blowing that showcase some of the city's greatest talents (and some visiting performers from around the world). You take in at least two performances that you consider skipping out on halfway through but then you end up staying because it's actually kind of interesting once you give it a chance. And then there is that one event that you simply just do not understand and feel slightly and wonderfully disturbed by it for several days.

This is Live Arts and Fringe. This is what it's about. This is Philadelphia.

2010's roster of events gives us some neighborhood-specific action and since we are downright neighborhood-obsessed, we are focusing on these picks. If you read our blog often, you know that we try not to leave the many neighborhoods of Philadelphia uncovered. We snap photos, we poke around in the local coffeeshops, and we get to know the most hidden crevices, the fringe, as you would, of Philadelphia.

Without further ado, we present to your our Neighborhood Live Arts/Fringe Picks, from September 3 - 18:

If you're in Kensington... Check out the Cheap Guy HOF, Class of 2010, in one of Kensington's newest spaces, the Papermill Theater. The series of short plays is put on by Hella Fresh Theatre. The show opens on Saturday, September 4 and runs every Saturday and Sunday throughout the Philly Fringe. Papermill Community for the Arts, 2825 Ormes Street, Kensington. Times vary, $10. Try Fresh Juice at the Mascher Space Co-op. Sept. 5-6, Sept. 11. $10

Find yourself in the Fringe hotbed of Northern Liberties? Take part in AFOOT: Northern Liberties, a walking tour with the neighborhood set as a "game board", you'll be given a series of clues that your team will have to solve for prizes and swag. Saturday, September 4, and Saturday, September 11, from 11 - 3pm. Teams leave every 10 minutes, $10.

Nothing good on TV in your South Philly rowhome? The Real Housewives of South Philly will perk you up. The Waitstaff Sketch Comedy Troupe does not disappoint. Sept. 5, 8, 12,14, 16, 19. $15.

Near the Schuylkill River Trail? Constants, from Movement Brigade, explores the history of Philadelphia as the Schuylkill River remains the same. Sept 13-18, free, reservations required.

Are you a Poe fan lurking near Callowhill? There are two options for you. The Mutter Museum will be showing the Tell-Tale Heart from the aptly named Nevermore Theatre Project on Saturday, September 4, and September 11, and Sunday, September 12. $10. Or you can try Edgar Allan Poe Comes Alive! at 1831 Brandywine St. from Traveling Jones Theater. Sept. 3-4 and Sept. 17-18, $14.

Stretching Out West?

Whose City? from the Media Mobilizing Project Art & Culture Collective is a collage of art, poetry, and music, inspired by the people that live, work, and play in Philadelphia. Sept. 3-4, Sept. 10-11. $5.

 

Feel free to subscribe to our blog or our monthly newsletter to stay up to date with our latest posts and information on the Philadelphia Real Estate Market.  You can also sign up to receive the Philadelphia Real Estate Blog via email.

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 Buying, Selling, or Just Curious? Contact Letitia Stevenson for Your Real Estate Needs!

Letitia Stevenson, REALTOR®  | Licensed in DE, PA & MD |  Prudential Fox & Roach, REALTORS® 

Active Rain | Facebook | LinkedIn | Trulia | Twitter | Zillow | Website | Blog

Check Out and "Like" Letitia's Delaware Valley Real Estate Facebook Page

Letitia eNewsletter

Delaware Valley Real Estate and Homes for Sale:
Greenville Homes 19807 | Hockessin Homes 19707 | Avondale Homes 19311 | Bear Homes 19701 | Chadds Ford Homes 19317 | Kennett Square Homes 19348 | Landenberg Homes 19350 | Middletown Homes 19709 | New Castle Homes 19720 | Newark Homes 19702 19711 19713 | Pike Creek 19808 | West Chester Homes | Wilmington Homes | Custom Home Search | Mobile Home Search

0 commentsLetitia Stevenson • September 02 2010 10:39AM