Tom's Blog

Browse by Tags

• Broomall
• Chester Springs
• Community Information
• distressed properties
• Events
• Exton
• Finances
• For Sale
• foreclosures
• Income producing property
• Industry
• Malvern
• Market Conditions
• Media
• Newtown Square
• Paoli
• Philadelphia
• Real Estate
• real estate investing
• rental properties
• Seller Information
• short sales
• West Chester

• So what are the possible short sale outcomes...?

  Many people do not know that short sales stand a much better chance of approval as oppossed to a loan modification. However, there are a variation of outcomes that can occur. Mainly, the inconsistency involves how the lender deals with the deficiency. Read More... Posted Monday, September 12, 2011 11:01 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, Buyer Information, Seller Information, Community Information, Chester Springs, Malvern, Philadelphia, Exton, Media, West Chester, Broomall, distressed properties, foreclosures, short sales

• Right now, investors are cashing in on rental properties.

  Most of the news about the housing market lately has been dismal. However, the one bright spot is being overlooked by many - the rental market. Rental demand is up and and rental rates are rising. Many foreclosures victims (estimated north of 4 million) Read More... Posted Saturday, September 10, 2011 8:23 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Announcements, Finances, Buyer Information, Seller Information, Community Information, Chester Springs, Malvern, Income producing property, Newtown Square, Philadelphia, Exton, Media, West Chester, Paoli, Broomall, real estate investing, rental properties

• Strong Job Growth In July Trumped By Credit Downgrade

  Here is a great blog post from my Coach, Carl Rizzuto: More Americans are getting back to work. The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thumping analyst estimates and Read More... Posted Friday, August 12, 2011 3:44 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, Buyer Information, Seller Information

• Awesome new listing in Exton's sought after Cambridge Chase community!

  Now available - 226 Cambridge Chase in Exton, PA. This is a spectacular 3 bed, 2.1 bath townhome with a finished basement and 1-car garage! Community is surrounded by 17 acres and consists of only 35 homes. Offered at $367,900. Click here for more details: Read More... Posted Friday, June 24, 2011 12:08 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, For Sale, Announcements, Buyer Information, Seller Information

• Foreclosures are crushing home prices, but mortgage rates remain low.

  Home prices have continued to drop during the first quarter of 2011, dropping 4.6% from a year earlier according to CNNMoney.com and the National Association of Realtors. Condo prices fell ever harder by a rate of 10.4%. The main cause for this decline Read More... Posted Thursday, May 12, 2011 11:40 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, For Sale, Announcements, Events, Industry, Finances, Buyer Information, Seller Information

• 211 Autumn Drive in Exton, PA now available. Asking $444K. 4 bed, 2.1 bath single with finished bsmt.

  Spacious single family home now available, minutes from major roads and the Exton Mall. Hardwood floors throughout. Private wooded, lot. Go to http://www.tomtoole.com/Exton/Pennsylvania/Homes/Century_Oaks/Agent/Listing_35390422.html for more information. Read More... Posted Monday, April 11, 2011 12:02 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, For Sale, Announcements, Buyer Information, Seller Information

• The best and worst home improvements for the money spent.

  Many people are under the impression that home improvements are good investments that pay for themselves when a home is sold. However, this is wrong according to Remodeling magazine and the National Association of Realtors. The sad truth is that most Read More... Posted Wednesday, February 23, 2011 12:20 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, For Sale, Announcements, Industry, Buyer Information, Seller Information

• Unemployment rate drops to lowest level in 2 years.

  According to MSNBC.com , the unemployment rate dropped to 9% last month, which is its lowest level in 2 years. However, the U.S. labor market slowed considerably as only 36,000 new jobs were generated in January, the fewest in four months. These statistics Read More... Posted Friday, February 04, 2011 11:08 AM by Tom Toole, III | 1 Comments Filed under: Market Conditions, For Sale, Announcements, Events, Industry, Finances, Buyer Information

• Economic recovery looks to be on track through the first month of 2011.

  According to MSNBC.com , the economic recovery showed signs that it had staying power as the new year began in January. Home sales surged at the end of 2010 and weekly jobless claims posted their biggest decline in almost a year. Existing home sales soared Read More... Posted Monday, January 24, 2011 12:00 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Announcements, Buyer Information, Seller Information

• Just Listed - 134 Portsmouth Circle in Glen Mills, PA!

  Mint condition end unit town home now available! 134 Portsmouth Circle, located in Glen Mills, PA, offers a 2-car attached garage, a finished walkout basement and a gorgeous kitchen with granite counters and cherry cabinets! Offered at $409,900. Please Read More... Posted Tuesday, January 18, 2011 2:35 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, For Sale, Announcements, Buyer Information, Seller Information

• Great new listing in Summit House!

  466 Summit House is now available! A gorgeous 2 bed, 1.1 bath town home in West Chester, PA. This great property features granite counters in the kitchen, an updated full bath and a partial, finished basement. Offered at $174,900. Check out my featured Read More... Posted Friday, January 14, 2011 1:29 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, For Sale, Announcements, Buyer Information, Seller Information, Community Information

• Mortgage rates dip for second straight week.

  Rates on fixed mortgages dipped for the second straight week as Treasury yields fell, as reported by MSNBC.com and the Associated Press . Freddie Mac said Thursday that the average rate on a 30-year mortgage dropped to 4.71% from 4.77% during the previous Read More... Posted Thursday, January 13, 2011 1:08 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, Buyer Information, Seller Information

• Buying a home now is a no-brainer.

  Ali Velshi, CNN chief business correspondent, believes that if a prospective Buyer has good credit and 20% to put down, it is a great time to buy according to CNNMoney .com. Velshi feels that this has been the case all year and that we are probably closer Read More... Posted Thursday, December 16, 2010 9:30 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Announcements, Finances, Buyer Information

• Home prices fall 2% in 3rd quarter.

  U.S home prices fell 2% in the third quarter according to CNNMoney.com . The S&P Case-Schiller Home Price INdex has recorded gains in four of the previous five quarters, including a 4.7% jump between April and June 2010. This leaves national home Read More... Posted Thursday, December 02, 2010 11:49 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, For Sale, Announcements, Finances, Buyer Information, Seller Information

• Housing glut blamed on drop in people forming households.

  According to Philly.com and the Census Bureau, U.S. household formations are at their lowest since 1947. Many feel this is helping to keep the supply of unsold homes at near-record levels nationwide, even thought relatively few homes are being added to Read More... Posted Wednesday, October 13, 2010 11:16 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Announcements, Buyer Information, Seller Information, Community Information