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Monthly Archives: February 2010

    Nearly 71% of All U.S. Homes are Affordable

    By Tom Toole | February 27, 2010

    According to, the turnaround in the U.S. housing market over the past 4 years has pushed home prices to near record levels of affordability.  The typical American family, who makes the nation’s median income of $64,000 per year, could afford to buy 70.8% of all homes sold in the U.S. during the last 3 months... Read More

    2009 Home Prices Fell 11.9% in the U.S., but Were VERY Stable in Our Local Market

    By Tom Toole | February 17, 2010

    According to, the median price of U.S. single-family homes dropped 11.9% in 2009 to $173,200.  Earlier in the year, the housing market appeared to be rebounding as prices gained in the first 9 months of 2009 until they experienced a 2.9% drop during the 4th quarter.  Lawrence Yun, chief economist for NAR, was encouraged.  He feels... Read More

    New Listing in West Chester

    By Tom Toole | February 6, 2010

    Check out 297 Summit House under the featured listings section of my site.  This is a mint condition 2 bed, 1.1 bath townhome in popular Summit House with an asking price of $179,900. 297 Summit House had been completely updated and has a great floorplan!  Call 610.692.6976 for a private tour. Read More

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