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Monthly Archives: August 2010

    July Existing Home Sales Fall As Expected BUT Prices Rise

    By Tom Toole | August 25, 2010

    According to the National Association of Realtors (NAR), existing homes sales (defined as completed transactions that include single family homes, condos, townhomes and co-ops) dropped 27.2% to a seasonally adjusted annual rate of 3.83 million units in July.  This figure comes in 25.5% below the 5.14 million-unit level in July 2009. The NAR’s chief economist, Lawrence Yun,... Read More

    2 Bedroom Flat Backing to Golf Course Now Available

    By Tom Toole | August 10, 2010

    Just listed in Hershey’s Mill – 110 Ashton Way!  This home is a lovely 2 bed, 2 bath one floor home that backs to the golf course!  The asking price is $194,900. Please call me at 610.692.6976 if you would like a private tour.   Check out my Featured Listings section for pictures and more... Read More

    21.5% of Mortgages are Under Water…

    By Tom Toole | August 9, 2010

    According to, 21.5% of mortgages are currently under water in the 3rd quarter of 2010, which is an improvement from the previous quarter when an estimated 23.3% of loans were under water.  There are a few reasons for this improvement, including the loss of homes to foreclosure and improving home values in some markets. In... Read More

    Great New Listing in Wayne, PA!

    By Tom Toole | August 4, 2010

    Just listed – 416 Alderbrook Lane in Wayne!  The home is offered at $474,900.  It is a lovely 4 bed, 2.1 bath Colonial with a spacious lot and finished basement.  Alderbrook Lane is located minutes from the King of Prussia mall and major roadways. Check out the my Featured Listings page for pictures and more information about... Read More

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