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• Holding rental properties now more profitable (and predictable) than flipping.

  Thinking about buying and a home on the cheap and flipping it for big profits? That dream is all but dead as sales of homes to investors have dropped by more than half over the past five years, according to CNNMoney.com . Plus, the number of those investors Read More... Posted Tuesday, September 20, 2011 2:18 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, For Rent/Lease, Open Houses, Announcements, Technology, Industry, Finances, Seller Information, Chester Springs, Malvern, Income producing property, Newtown Square, Philadelphia, Exton, Media, West Chester, Paoli, Broomall, real estate investing, rental properties, distressed properties, foreclosures, short sales, mortgages, West Goshen, Thornbury, Westtown, mortgage, West Whiteland, buying a home, East Goshen, East Whiteland, Phoenixville, Willistown, loans, financing, making money with real estate, positive cash flow

• 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

• Economy, not debt rating and market turmoil, is chief driver in current housing market.

  Everyone is very concerned about the debt rating downgrade right now. However, the economy is the main driver for current housing market conditions. Greg McBridge, senior financial analyst at Bankrate.com , says that "as long as the economy continues Read More... Posted Wednesday, August 10, 2011 8:45 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Events, 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

• Americans are shunning cheapest homes in 40 years.

  According to Kathleen Howley at Bloomberg Businessweek , the most affordable real estate in a generation is failing to lure buyers as some Americans are souring on the idea of home ownership. At the end of 2010, the share of people who said a home was Read More... Posted Tuesday, April 19, 2011 11:32 AM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, 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

• 1129 Cardinal Drive, West Chester, PA now available! Westtown Township single family home offered at $464,900.

  Gorgeous 4 bed, 2.1 bath Colonial now available! Home sits on a beautiful one acre lot. Asking $464,900. More information can be found here: http://www.tomtoole.com/West_Chester/Pennsylvania/Homes/West_Chester/Agent/Listing_33593827.html . Call me at Read More... Posted Tuesday, March 01, 2011 12:48 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, For Sale, 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

• U.S. housing construction surges, but permits tumble.

  According to REUTERS , U.S housing starts rose more than expected in January to their highest rate in four months, but permits for future home construction dropped sharply despite large gains in prior months. This data was sourced from a government report Read More... Posted Thursday, February 17, 2011 3:43 PM by Tom Toole, III | (Comments Off) Filed under: Real Estate, Market Conditions, Events, Industry, Buyer Information, Seller 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