Keys, we all have them, we all need them.We need keys to open all sorts of things like, the front door to our homes, our cars, a padlock on our bikes, the list can go on and on.When a buyer purchases a house it is a good idea to change the locks to the house right away. Who knows who has a spare key, maybe a neighbor or a relative who comes into town once in a while. Don’t take any chances, change the locks and get new keys right away. Make a few spare keys for future use as well. Give yourself peace of mind.I remember years ago my parents house had a simple lock on the front door, an old door. When we forgot our keys, all we needed was a dime to open that latch. We were lucky we lived in a neighborhood that this sort of lock system was okay.Nowadays, keys are transforming into fobs or ... 01/13/2025

There are lots of things to consider when buying a home, for the first time or if this is a resale and move up or down.  Market Conditions Interest Rates Buyer's market or Seller's Market Family dynamics Job demand People often ask me, is this the right time to buy? My answer is usually along the following lines:Why are you thinking of moving?The answer to that question is really the answer to whether this is the right time to buy or move. If you have situations that require a move then this is the right time. Maybe a divorce, or a marriage, an addition to your family, an aging relative needing care, a new job in a new area, there are so many reasons.You are the one who decides if now is the right time to move. All the external things like interest rates vary all the time. They go up an... 01/14/2025

What does 2025 hold for the real estate market?As we start 2025, we look back on 2024 and see sales of about 4.15 million homes as of November 2024. December home sales are released towards the end of January. This is still massively down from 2021 when sales were 6.12 million homes. Estimates for 2025 are for sales of about 4.4 million homes as home buyers adjust and begin accepting that rates are not returning to the 2-3% range and will most likely remain in the 6-7% range for the foreseeable future.Locally, we have seen a lack of inventory of homes for sale, although towards the end of 2024 homes for sale rose giving buyers more choice, days on market also rose slightly. However there are plenty of buyers looking for homes often competing with cash buyers like builders along the Main... 01/17/2025

The Main Line outside Philadelphia lies within the boundaries of three counties, Montgomery, Delaware and Chester County. Each county is much larger than just the Main Line parts, so the market reports refer to the actual county, not just the Main Line area. The video below shares the statistics with the numbers below the video for those who prefer to see things in black and white.Montgomery County is closest to the city, there are currently 975 listings in the county that is up from 860 in January 2024. Median list price has fallen from $524,945 to $515,000, the average list price has also fallen from $755,014 to $732,569.Delaware County in January 2025 has 759 listings, up compared to 2024 when it had 653. The Median list price also rose from $299,900 to $319,000, with the average lis... 01/18/2025