Monthly Archives: February 2010
Nearly 71% of All U.S. Homes are Affordable
According to CNNMoney.com, 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
According to CNNMoney.com, 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
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