Tom's Blog

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 who quickly sell off those homes -- the flippers -- has fallen even ...

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.  Here are some of the current outcomes being seen in the market place:The lender ...

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) are now renters.  Many prospective homeowners are concerned about losing their ...

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 surprising Wall Street investors. In addition, May and June’s ...

Here are some great tips for keeping your home cool during the hot, humid days during the summer: 1. Reduce the cooling load by employing cost-effective conservation measures. Provide effective shade for east and west windows. When possible, delay heat-generating activities such as dishwashing until evening on hot days. 2. Over most of ...

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:  ...

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 is the sale of foreclosed properties, which accounted for 29% of the market - a 3% ...

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.  Asking $444,000.

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 improvements will not come close to paying for themselves.  Some projects, such ...

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 offer a conflicting picture.  Unemployment fell because the Labor ...