West Chester, PA Real Estate News

By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
Don't miss the 29th Annual Chester County Restaurant Festival on Sunday Sept. 21st! Noon - 5:30pm There will be 40 or more restaurants and food vendors to choose from on Gay Street between Matlack and New Streets.  There will be over 120 craft vendors and information booths on High Street between Chestnut and Market Streets.  There will also be crafters and info booths on Walnut Street between Market and Gay.  Great bands will be playing all day at the following locations: Matlack and Gay At noon, The Chester county Lawmen (Rock and Roll). 2:00, Jeffrey Washington Bank (Funk/Jazz) 4:00 Franco (Latin)   Darlington St. and Gay St. 1:00 Blue Sinatra (Original Funk) 3:30, The Philly Horn Band (R&B/Motown)Church Street Café (corner of Market and Church) Noon, Three Legged Fox (Reggae) 2:00, ...
Comments 8
By Bill Gero, CRS, CLHMS, REALTOR - Chester County & Main Line o
(RE/MAX Professional Realty - Malvern/Exton/Downingtown/West Chester)
Come out and enjoy the West Chester PA 6th Annual Chili Cook-off by the West Chester Rotary Club. Mark your calander Sunday October 5th, 2008 from noon to 4 PM (Rain or Shine). All you can Eat for $10, Family & Friendly Event. You think you make the best Chili in Chester County, enter your Chili in this Cook-off Event http://www.westchesterchilicookoff.com/team.htm. Become a sponsor or a vendor. Buy Discount Waistbands 3 for $25 at the West Chester Restaurant Festival on September 21st at noon to 4 PM at the Rotary Club Booth on Gay Street West Chester PA or online at http://www.westchesterchilicookoff.com/tickets/. I have a nephew in this event at the "Superfriends Booth" & his Chili is called ""Flavor Mountain Chili", so I hope to see you at this great event. Enjoy the day with Chili,...
Comments 1
By Bill Gero, CRS, CLHMS, REALTOR - Chester County & Main Line o
(RE/MAX Professional Realty - Malvern/Exton/Downingtown/West Chester)
Come out and enjoy the Borough of West Chester Pa 29th Annual Chester County Restuarant Festival. Date: Sunday September 21, 2008 Time: Noon to 5:30 PM Location: Downtown Borough of West Chester PA From Gay St. between Matlack Street and New Street there will be 40+ restaurants and food vendors. On High Street between Chestnut and Market Streets there will be over 120 crafter vendors and information booths. (There will also be crafters/info booths on Walnut Street between Market and Gay St. Take a look out our band line up as well. 8 Great bands, 3 different locations, free to attend and take a listen too. Matlack St. & Gay St. Noon - 1:45pm The Chester County Lawmen (Rock-n-roll)2pm - 3:45pm Jeffrey Washington Band (Funk/Jazz)4pm - 5:30pm Franco (Latin)Darlington St. and Gay St. (betwe...
Comments 0
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
I am not a morning person.  There has never been a single day in my almost 49 years that I opened my eyes and greeted the day.  Never.  When I wake up, it's usually to a caffeine withdrawal headache and a profound desire to go back to sleep.  It's not that I am unpleasant, it's just that I am the walking dead.  Max, my 12 year old is a mini-me, a very slow starter in the morning.  We don't necessarily want to chat, so please don't attempt small talk.  Please don't take offense if I just wave and keep on going in the direction of my tea kettle.  I remember being invited to someones home at the beach for an overnight.  The woman had no tea kettle.  I didn't know her very well, and I hadn't slept very well as she did not have central air.  I came down to a BIG MORNING PERSON and a regular ...
Comments 32
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
"According to statistics released by TREND Multiple Listing Service, here are the market statistics for East Goshen Township from January, 2008 until July, 2008. Market Statistics    Courtesy Of : Susan Mangigian 610-299-6237 RE/MAX Preferred-West Chester 610-719-1700    Monthly Statistics for the Date Range Selected Date Units Listed Listed Volume Listed Average Pended Units Sold Sold Volume Sold Average Average DOM July 2008 36 15,831,940 439,776 18 29 9,575,050 330,174 49 June 2008 39 16,957,518 434,808 23 20 6,749,085 337,454 58 May 2008 27 13,164,287 487,566 16 25 6,424,600 256,984 64 Apr 2008 47 20,177,890 429,316 32 22 8,488,650 385,847 75 Mar 2008 32 11,823,199 369,474 26 10 3,250,350 325,035 105 Feb 2008 37 16,332,840 441,428 14 10 3,300,200 330,020 114 Jan 2008 30 13,880,245 ...
Comments 4
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
Midday yesterday, I was out looking at the flowers and ruminating on the market.  As the title implies, the garden is good, the market is, while maybe not evil, it could certainly be a bit nicer.  We are all working hard, putting buyers and sellers together, and some things just aren't working out.  Either because the sales are falling through due to unrealistic expectations at the home inspection, or the mortgage companies just not being able to perform the magic they promised us.  I love to walk around my garden and I even talk to the flowers most days.  Eccentric?  You betcha!  Usually just a hello you guys, or a touch of a petal.  My garden makes me happy and yesterday, I sat by the pool and was mesmerized by the butterflies flitting from one flower to another, the birds landing her...
Comments 13
By Judy Peterson, "Superb Service, Superb Results"
(Berkshire Hathaway HomeServices Fox&Roach Realtors )
West Chester Pa Real Estate Market Update~July 2008 The real estate Market Report for West Chester Pa, West Goshen Township Pennsylvania shows a market that’s on the upswing, especially in the Median Sold Price range of the mid-threes - $325,500 in July of 2007 and $357,500 in July of 2008 and an overall drop in the number of Days On Market*. Absorption Rate and Months Supply Absorption Rate and Months Supply of Inventory: Months Supply of Inventory - July 2007 = 4.5 months; July 2008 5.2 months Days On the Market - July 2007 = 49 DOM; July 2008 = 61 DOM New Listings - July 2007 = 38; July 2008 = 36 Residual Inventory - July 2007 = 63; July 2008 = 74 Under Contract - July 2007 = 21; July 2008 = 21 See www.MainLinePaToday for more about the Absorption Rated, Months Supply of Inventory an...
Comments 5
By Joseph Hagarty
(Main Line Inspections, Inc. )
Home Maintenance tips for August 2008 Use a vacuum with a narrow nozzle to clean condenser coils on the back or underneath your refrigerator. Check faucets for leaks and replace washers or repair the faucet as necessary. Clean underneath range hood. Remove and clean or replace range hood filters. Fix "water hammer" noises by draining the plumbing system. Open the uppermost faucet (or the one furthest from the water meter) and the lowest (or closest to the meter) and allow the water to flow to a lower-level sink or floor drain. Draining the system restores air to air chambers. Close the lowest faucet and refill the system. Plan interior remodeling projects and get estimates. Plan for the work to be done in early fall.
Comments 2
By Arleen Pecone
(ReMax Main Line)
Tomorrow nite at the township park, there will be a "country" band playing music.  I am a cheap date because i find it fun and relaxing to pack a picnic dinner, bring a bottle of wine and head to the local park.  What a relaxing evening. And, as if that isn't enough fun, the talk of the town this week is the GOSHEN FAIR. Ever since I lived in the area, (its been almost 12 years) in Late JULY a dependable fun event has been the Goshen Fair. They have farm animals, they have "BEST LOOKING TOMATOES, CORN, STRINGBEANS" from the local gardeners including real judges with Blue Ribbons to the best!. But most important, for the benefit of the GOSHEN FIRE COMPANY, a family nite out for amusement rides, wheels of fortune, gambling, cotton candy, the homemade firehouse donuts........ It is an annu...
Comments 0
By Kim Wood, Kim Wood ~ The Tech Byte
(The Tech Byte)
What happened with West Chester, PA Real Estate Sales in 2008? The 1st Quarter has ended, so let's have a look at the sales from January-June 2008 in West Chester, PA - zip 19380.   111 Homes Sold (Single Family, 1+ years old) Average Price $417,241 (Highest $925,000/Lowest $174,000) Average Days on Market 73   The neighborhoods represented in this report include: West Chester Borough, Wyntre Brook,  Kirkland Manor, Sunset Grove, Gary Terrace,  Indian King, Banbury, Knollwood,  Whiteland Woods,  Polo Run,  Ryerss Hunt, Woods of Brookfield,  Tattersall,  Deerfield Greene, Harmony Hills,  Kenmare, Creekside,  Heritage at Parke Farm, Oak Hill, Parkchester Estates, Merriwether Farm,  Suburban Village,  Greenhill, Hamlet Hills,  Caswallen, Scots Grove,  Northhill, Idlewild,  The Pines, Fresh...
Comments 9
By Bill Gero, CRS, CLHMS, REALTOR - Chester County & Main Line o
(RE/MAX Professional Realty - Malvern/Exton/Downingtown/West Chester)
ACAC in West Chester, Chester County, PA is hosting a Mommy's Night Out and family festival to celebrate women, mothers and families on Thursday, July 31, from 5pm to 8pm. There's plenty of fun activities and entertainment for dad and the kids, but their something special for mom too -   Exhibitors especially geared to women! Swimming at ACAC pool featuring splash buckets and zero-grade entry or their waterpark with its 30 foot slide! Group Exercise Classes: Yoga, Pilates, H2O Workout, Boxing Bootcamp, Cycle, Body Pump, Step and Body Bar. ACAC's Kidz Zone free of charge! And Much More! As a member of the ACAC Fitness Center I think it's a great place for working out and having fun with the family with the indoor and outdoor pools.  ACAC, 1130 McDermott Drive, West Chester, PA 19380.  
Comments 0
By Judy Peterson, "Superb Service, Superb Results"
(Berkshire Hathaway HomeServices Fox&Roach Realtors )
East GoshenTownship, Chester County-Market Report 2nd Quarter 2008* The peak Median Sold Price for East Goshen Township occurred October 2007 at $422,750. The comparison between October 2007 peak and June of 2008 shows a Median Sold price that’s down (24.07%). The real estate market in East Goshen Township still indicates a buyer’s market with 7.5 Months of Inventory, but not a really strong Buyers Market. The significant drop in the days on market from 85 DOM to 41 DOM, a 52% drop, puts East Goshen in a good position. There are fewer top heavy new construction projects to weigh down the market here in East Goshen Township. The 17 homes that went under contract in June of 2008 and the 20 that settled represents a (23%) drop in units from June of 2007. This is still a story of property t...
Comments 0
By Bill Gero, CRS, CLHMS, REALTOR - Chester County & Main Line o
(RE/MAX Professional Realty - Malvern/Exton/Downingtown/West Chester)
On Saturday July 5th, the downtown streets of West Chester, PA will be out to see the 4th Annual Iron Hill Twilight Criterium. Action begins at the intersection of Gay and High Streets.  The event starts at 5:15 PM with are four races - Amateur Men's, Kids' Race, Elite Women's and Pro Men's. The Pro Men's bracket will be the final race and starts at 7:45 pm. Even the kid's race (for ages 3- 14) in the Saturday afternoon.  Come enjoy the great event, superb restaurants and the charming shops of West Chester, PA. Be part of the Chester County Community. It's a great time to celebrate the Fourth of July Holiday Weekend!
Comments 2
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
  July 4th Concert & FireworksEast Goshen Park   East Goshen residents and their guests are invited to the annual 7/4/ celebration at beautiful East Goshen Township Park. Jellyroll has performed at the White House and our fireworks are the best in Chester County. Join the Fun!Jellyroll plays at 7:30 PM & Fireworks start at 9:30 PM Rain date is Sunday, July 6  
Comments 3
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
ACAC, West Chester's premiere health club hosted a fundraising event entitled Exercise for Hope on Tuesday, 6/24/08. This was a fun and incredibly challenging workout featuring cardio, sculpting, and zumba with some of ACAC's finest instructors.  These people are serious about fitness!  Diane Toomey  Liz Salloum  Jeanette Mills  Jim Jackson  Tracy Shields It was a blast.  Diane Toomey started the fun with what she calls a "warmup".  This woman is insane.  I could barely catch my breath. The second 30 minutes consisted of stations... various implements of torture.  I'm not sure I'll be walking right tomorrow (Jesse... no comments on my shoes please). The last 30 minutes was Zumba, my personal favorite.  Lead by Jeanette Mills and Jimmy Jackson (a.k.a. the Pool Boy... ladies... you can im...
Comments 13
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
  Doc Magrogran's Oyster House, 117East Gay Street, West Chester, PA  19380 www.docmagrogans.com I took a friend to Doc's tonight for her birthday.  We were pleasantly surprised to learn that tonight was all you can eat king crab legs for $19.99.  They were wonderful. The daily specials include: Sunday:  $10 burgers , $5 doc's Bloody Marys and $4 Mimosas Monday:  $1 Raw Oysters, $1 PBR Pounders and $4 Classic Mojitos* Tuesday: Dozen Littleneck Steamers or P.E.I. Mussels for $6, $2 Millers Lite and Miller High Life Wednesdays:  All you can East Snow Crab Legs for $19.99, $3 Coronas (I wasn't made aware of this... that would have been a nice touch), $3 Sierra Nevadas* & $2 Yeungling Thursday:  Live Bands 10 PM to 2 AM, $5 Fishbowls* 10 PM to 12 AM, $2 Miller Lite Drafts and $3 Three Olive...
Comments 9
By Joe Gonzalez, NMLS# 126036 (610) 739-6563
(CrossCountry Mortgage, LLC NMLS #3029)
This update announces the guidelines for FHA's Risk Based Premium model. For the first time in history, FHA will take credit scores into account. These guidelines are effective as of July 14th, 2008. At the bottom of the page is a link to the full update.   The 10 primary guideline changes are as follows:   1. Borrowers need either no score, or at least 500, to get a LTV >90%; see matrix below.  2. Borrowers with a score less than 500 get a maximum LTV of 90%. 3. Borrowers without scores will require manual underwriting. 4. Upfront Mortgage Insurance Premiums will range from 1.25% - 2.25%, based on score. 5. The Monthly Mortgage Insurance will range from .50% to .55% depending on score. 6. The premium is based on the borrower with the lowest score.  7. If one of the borrowers has no sco...
Comments 1
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
HE DID IT!!  Michael Mangigian, my first baby, graduated from high school! It was a beautiful ceremony, held outside on a spectacular summer evening. The procession was lead by our armed forces.  Next came the school board representatives, one of them a fellow Realtor at RE/MAX preferred, Jim Davision.  He calls me Suzie, I call him Uncle Jimmy.  Next came the staff. Last and certainly not least came the happy, excited graduates. There were a lot of very nice speeches, most short and sweet.  The best speech, by far, was given by the class Valedictorian, Matthew Young.  This young man is very impressive and is going places.  He talked about his parents and how they came to this country so he could have a better life.  He spoke about gratitude and accountability.  He spoke about how to be...
Comments 8
By Susan Mangigian, Chester & Delaware County Homes, Delaware and Ches
(RE/MAX Preferred, West Chester, PA, RS152252A)
Price Class Houses Sold SF Condos Sold Condo   # of Bedrooms Total # of Bedrooms Total   0-2 3 4+ Sales 0-2 3 4+ Sales No Price Reported       0       0 $49,999 or Under       0       0 $50,000 - $99,999       0       0 $100,000 - $149,999 2     2 2     2 $150,000 - $199,999 2     2 3     3 $200,000 - $249,999 2     2 1     1 $250,000 - $299,999       0       0 $300,000 - $349,999   1   1       0 $350,000 - $399,999     1 1       0 $400,000 - $449,999   1 1 2       0 $450,000 - $499,999       0       0 $500,000 - $549,999     1 1       0 $550,000 - $599,999     1 1       0 $600,000 - $649,999       0       0 $650,000 - $699,999     1 1   1   1 $700,000 - $749,999       0       0 $750,000 - $799,999       0       0 $800,000 - $849,999       0       0 $850,000 - $899,999       0       0 ...
Comments 1
By Arleen Pecone
(ReMax Main Line)
How fun this is, what a party town!  Last night I was at Swinging Thursdays, two really good bands played, it was hard to decide which place to stop and listen.  Thought you would like this POST. In case you need something to do the weekend of the 7th and 8th of June......... West Chester Business Improvment DistrictJune 5, 2008   Get ready for a SUPER Weekend in Downtown West Chester! June 5th Swingin' Summer Thursdays Kick off SUMMER with the first Swingin' Summer Thursday event!  This month, it's the music of the Barbone Street Jazz Band, and Melissa Martin and the Mighty Rythem Kings!  Enjoy cafe' dining, crafters, food vendors, and entertainment for the whole family.     June 6th Gallery Walk Spend an evening discovering the downtown galleries, "one night only" art shows, and the m...
Comments 0