Tom's Blog

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 ...

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 listings section for pictures and more information, or call me at ...

Sales of previously occupied homes jumped 10% in September, which marked the biggest monthly gain in 28 years, according to MSNBC.com.  The monthly gain was bigger than expected, indicating the housing market is stabilizing at weaker levels.  This was much higher than expected, but experts have cautioned not to celebrate yet.  ...

According the the Associated Press and MSNBC.com, unemployment dropped in 23 states and Washington D.C.  However, the unemployment rate rose in 11 states and remained unchanged in 16 per Labor Department statistics.  The declines were nearly double the number reported by states in the previous month.  Little hiring took place last ...

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 the inventory.  Between March 2009 and March 2010, the number of households rose ...

467 Sharon Drive is now available, with an asking price of $299,900.  This is a charming 3 bedroom, 2 bath single family home on a very private lot.  Low Upper Meiron taxes with a Wayne address.  Minutes from everything.  Check out my FEATURED LISTINGS section for more information.  Call me at 610.692.6976 if you would ...

Whether you are in West Chester, Malvern, Media, Phoenixville or Conshohocken, everyone is exciting for the Fightin Phils!  Anytime one of our local sports teams goes deep into the playoffs, it seems to light up the greater Philadelphia area.  Everyone is smiling and feeling good. Times like these only come around once in a while, so ...