Chester County, PA Real Estate News

By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Every  morning I walk our dog. Jackie, who is named after Jackie Robinson, because Annie my fiance's mother grew up in Brooklyn and was a lifelong Brooklyn Dodgers fan. When she got Jackie, she wanted a baseball name and thus Jackie. We have posted lots of photos of Jackie who is very low energy.Basically I drag Jackie on our walks, she acts like a resistance ball always behind me. That is unless she notices a fox, or you mentionthe word fox and she gets excited and rushes ahead searching for the fox, nose to the ground.As I have mentioned before we recently moved from West Chester, to West Grove.  In West Chester we lived in a golf course community.Now where we live, in a 55+ community called Big Elk, due to the Elk River nearby is a tad more rural. Hence the photo that leads this post...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
With COVID we all gained new skills, or improved on ones we were already using. I am becoming quite adept at making video tours of listings. I always do them for my own listings, not that they sell the house, but it helps to differentiate me from other agents. Facebook open houses can be fun as well, I had one client host an open house on Facebook when we were all but shut down for in person showings. She did a great job and we had several people on line watching.Well, recently I have a relocation client who lives out of state. He has some very specific parameters for his home search. So, as he is not here a lot of the time, I have been going to listings and making a video walk through, highlighting what I like and what I don't in relation to his parameters. I have pointed out where a y...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Many people view our role as a Realtor simply as a door opener. How wrong they are. As I read Buzz Mackintosh post this morning Down to the Wire  I realized it is often Realtors who are the ones speaking up and letting people know when and where their property rights are being infringed. Please take a moment to read his post, it is excellent.It is Realtors who speak up to get Flood insurance protection plans passed in congress. It is Realtors who speak up and stand against municipalties who try to block sales of properties with onerous requirements that are costly to home owners through Use and Occupancy inspections and block the issuance over small items from being issued.It is Realtors who proposed sensible systems for sidewalks and lateral sewer inspections, rather than having these ...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Moving is hard! First you have to find a home, then you have to sell a home often, and then the packing, moving and unpacking, finding a new home for all the stuff you don't really need.Stressful, indeed. But if you have furry friends, it is also stressful for them. They do not understand all the packing and moving thing at all. Then they are suddenly in a new home, smells are different, and all their favourite walks are gone. Jackie and I discovered Goddard Park nearby, we have been told there are plenty of parks and trails to explore in Nottingham, and White Clay Preserve is nearby, with a creek, Jackie's favourite thing to do, stand in a creek and cool off on a hot day.The photo for this post is of Jackie, exploring the exercise yard at Goddard Park in West Grove where she can be off...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
I was watching Chef's Table - Pizza the other night and thought it was time to try our local pizza restaurant. Aurora Pizza and pasta in Jennersville Village. Watching the program made the bar high as the pizzas on the show looked incredible. I never knew the best pizza in the US was served in Phoenix AZ. So, whilst not expecting the best pizza, i had hopes it would be tasty.I found the website for the restaurant and was able to order online. I selected the Special Pizza, sausage, pepperoni, onions, olives, mushrooms and other vegetables just to balance it out and make it somewhat healthy. The website told me I could collect it at 7.00 pm and as the shop was only a few minutes drive I relaxed and got in the mood watching the show about pizzas.Who knew that there was so much that goes in...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
We have just moved to West Grove, about ten minutes west from Kennett Square, home of Longwood Gardens and Winterthur, well Winterthur is in Delaware but nearby.Most people do not like change, they take the same route to work every day, quite content to never explore. But, if you know me at all, you know I like to explore and discover things.So, I am driving around trying different roads, and discovering all sorts of small shops, restaurants etc. These will become part of my blogging as I help others discover new experiences too.Last week I had passed a shop which having just returned recently from Ecuador I realized was a pastry shop, as the writing was all in Spanish. Well, it was filled with Mexican delights. All fresh and delicious. My first visit I bought some of the lemon cake pic...
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By Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA, Carolyn Roland, GRI, CRS
(Patterson-Schwartz Real Estate)
A visit to Longwood Gardens in Kennett Square  PA found big construction changes going on with the buildings, which will be interesting to follow on their website.But it also featured the restored orchid room, with it's ever popular flowers, and a light installation by Bruce Munro. We only had time to see the installations inside the Conservatory. One was made of plastic bottles with fiber optic cables inside to change the lights, and the other was a sea of metal discs with fleeting shadows on the surface.                         As for the famous lighted fountain show with musical background, I can't say much for the choice of music that night. It was so loud and annoying that we left mid-program.  Better luck next time, because they have had some really nice programs in the past. 
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Summer 2022 Main Line Real Estate Market UpdateGiving you the confidence to make the right decision Take a look at The Chester County Monthly Statistics. Median home values have risen by almost 15%, inventory available has increased slightly. This is a great example of what we see happening across our neighboring local counties, Montgomery and Delaware Counties too. Let me know if you want to see your local information.  The market is cooling off after being incredibly hot for almost two years When you look at the same week last year: - Closed cases were down 22%, Pending sales were down 23%, Days on market is up by three days, New listings are down 22%, Showing activity is down 27%, Inventory is up 28%. 45% of the houses on the market in July in our footprint reduced their price If you...
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By David Henke, Realtor, Homes Just West of Philadelphia PA
(Long & Foster Real Estate, Inc)
West Chester has long been a popular housing choice in Chester County. It is the county seat of Chester County, the home to West Chester University, and is rich in dining and entertainment options.As seen throughout the county, the housing market remains very active in the Borough with relatively stable sales and rising average prices over the last several years. From the attached chart, average prices from 2017 through 2021 rose over 22%. Year to date they have continued to rise to an average of $573,000 but this will come down a bit as there are an additional 15 properties under contract with average list prices of $445,000.In addition, there are currently 14 properties on the market with prices ranging from $324,000 to over $1,000,000 with styles and options to cover most needs - all...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Although the market is cooling, certasin properties are still going strong. Welcome to 358 Devon Way in Hershey’s Mill. This oversized unit with Great Room won’t last long! Centrally located in sought-after Devonshire Village, this comfortable 2-bedroom, 2 full bath ranch-style home sits on a quiet cul-de-sac and offers the best in one-floor living, including a spacious carport with large storage area. This freshly painted home has been extended in the past giving it a spacious feel and added entertaining space. Entering the foyer to your Left from the front door, you see the eat-in kitchen which has access to the Great Room, or you can simply enter the Great Room directly from the hallway. The kitchen features stainless-steel appliances, luxury vinyl planking and solid wood cabinets, p...
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By David Henke, Realtor, Homes Just West of Philadelphia PA
(Long & Foster Real Estate, Inc)
For the first half of 2022, the Chester County PA housing market continues to be strong but appears to be constrained by very limited inventory.Currently, there are only 672 properties on the market compared to 852 properties in 2021 - down 22%. Active inventory is also down 46% from 2020 and 73% from 5 years ago in 2017. As seen on the attached chart, overall sales and pending sales have been much more consistent. Even with the drop in inventory, there has only been a 5% drop in sales and 23% drop in pending sales.Overall, we are continuing to see strong demand throughout the area. The recent increase in housing prices and interest rates are having an impact but demand continues to outstrip supply. Multiple offers, limited inspections, and all cash offers continue to be common.As alway...
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By David Henke, Realtor, Homes Just West of Philadelphia PA
(Long & Foster Real Estate, Inc)
A perfect day for the 4th of July! Relax & Enjoy David HenkeLong & Foster Real Estate Inc – Wilmington, DE/Devon, PAOffice: 610-225-7400/Direct: 610-618-0808http://www.DelawarePAHomes.com   
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Our local Veterans Association fly this flag at the War Memorial in Berwyn, PA. The frame is designed to look like a Conestoga wagon. Conestoga is the name of our local high school, winner of many awards, and a leading school for many years in the nation.The names of all those who have served from the Township are inscribed in the bride over the train tracks and in Wilson Farm Park in Tredyffrin, including my son, Jeremy. In Wilson Farm Park, the Veterans fly a Garrison flag, a large flag usually flown at military bases. This is my entry for this week in the monthly contest. 
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Our local Veterans Association fly this flag at the War Memorial in Berwyn, PA. The frame is designed to look like a Conestoga wagon. Conestoga is the name of our local high school, winner of many awards, and a leading school for many years in the nation.The names of all those who have served from the Township are inscribed in the bride over the train tracks and in Wilson Farm Park in Tredyffrin, including my son, Jeremy. In Wilson Farm Park, the Veterans fly a Garrison flag, a large flag usually flown at military bases. This is my entry for this week in the monthly contest. 
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By Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA, Carolyn Roland, GRI, CRS
(Patterson-Schwartz Real Estate)
Last night, Chester County PA brought the crowds out for the first Town Tour in 3 years. Traditionally opening the series in West Chester with remarks by local officials, this year's special guest was citizen-scientist and Ben Franklin friend, Humphry Marshall who is celebrating his 300th birthday this year. Poor guy had to stand to receive citations while all the officials sat on the platform.  We had a choice of 7 possible tours and presenters who set us on our way on a beautiful evening in West Chester.  I chose to tour the northeast quadrant of town, which is loaded with Victorian, Arts and Crafts, Colonial Revival with beautiful grounds around all the houses.  I remember seeing the French chateau above several years ago while it was being restored by the last owner--the new people ...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
We have all encountered a home with failed seals in the windows. How bad the window looks varies, but if we are about to list it, we know it will be better if those seals were not failed and the window foggy. Even in this market, the buyer is likely to comment or request the window be replaced. However, in our market there is another option.I recently got an email, well several emails from Derek Posch of DPGWindows explaining that his company repairs windows that might be an issue in a home inspection. Note, the difference here, the window can be repaired, at a fraction of the cost of a replacement. Well, my fiancée actually has several windows that have failed seals, and as we will be selling the home shortly, we thought we would see how well Derek's promise would hold up. See for your...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
People think in different ways. Some think small and some think big!Some people come from a mindset of scarcity and therefore think small, unwilling to take any risks and hence unable to receive any reward.Then there are those who know there is no scarcity, are always willing to share, and give. They think big, they take chances, and they often get a big payout, what the small thinkers then label as lucky.Last week I had a phone call from a small thinker. I had been discussing with them about listing their mother's home. The son gave many reasons why they couldn't list yet. He was going through photos and it was very emotional and taking time. Initially they had said the home would be cleared and ready to list by the previous weekend. In a conversation that week, the son mentioned how h...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Buying a home is an exciting time, however, there are many different costs associated with that home purchase. One of these is Title Insurance, and for some strange reason it appears on the ALTA as an option, when in fact it is very important that you carry this insurance.1) There are two types of Title Insurance, a lender policy, that the buyer usually pays for and covers the mortgage company's financial interests, and an owner policy. This owner policy is the one that appears as an optional cost on the ALTA.Firstly, if the lender is obtaining a policy, don't you think that is an indication that you might also want to obtain a similar policy to cover you and your heirs' property rights as well.Whilst a lender policy has to be renewed if you refinance, an owner policy covers and protect...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
I received a late night text one day last week. Glancing at the number I realized it was my manager. "Could I talk?" I was getting ready to go to bed, but I replied yes.She had been asked to refer some agents to another agent in our company who was out of state and had a referral they wanted to place. She had spoken with the agent and thought I was a good referral for the situation and was going to give my details to the agent and hers to me.It seemed this was a friend of a client of hers, who lived up here and wanted to buy a house. He was under contract with an agent, and had submitted an offer, but did not feel comfortable with the agent's knowledge or ability.I called and spoke with the agent the next morning. She went over the situation with me again, stressing how the referral was...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Buying a house seems to involve a lot of paperwork, from the consumer notice,  buyer agency agreement and the agreement of sale, plus all the brokerage disclosures and lead paint pamphlets. It varies from State to State, but here in PA, our agreement is 13 pages long. On top of that most buyers obtain a mortgage and the mortgage lender requires a whole host of documents to verify if you are going to be able to repay the loan they are making. It can all seem overwhelming, but I met up with Shawn DeAngelo of Prosperity Home Mortgage and tried in today's video to break it down so the documents you are going to need for your mortgage are easily understandable. But, if you have questions, reach out.Check out some of our other videos, don't forget to subscribe to our YouTube channel, and clic...
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