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    November Existing Home Sales Leap

    By Tom Toole | December 29, 2009

    After surging 10% in October, sales of existing homes were up again in November, growing 7.4% according to the National Association of Realtors.  Many feel, including NAR chief economist Lawrence Yun, that this uptick in sales was the result of the rush of first-time home buyers to take advantage of the government tax credit. As... Read More

    Another Market Leading Firm Joins RE/MAX!

    By Tom Toole | December 18, 2009

    As posted in the RE/MAX Times Online, a 45 agent Keller Williams office recently joined RE/MAX in Framingham, Massachusetts in the 4th quarter of 2009. Annette Norton, Broker/Owner of the firm, chose RE/MAX because of its powerful brand name and the tools, culture, and support offered by the RE/MAX network. The changeover marked an $86... Read More

    Pending Home Sales Continue to Increase!

    By Tom Toole | December 8, 2009

    Pending home sales rose again in October, marking the 9th consecutive month this figure has risen according to the National Association of Realtors. The Pending Home Sale Index, which is a forward looking indicator based on the number of contracts signed in October, rose 3.7% in October and is 31.8% higher than the October 2008... Read More

    Home Buyer Tax Credit

    By Tom Toole | November 30, 2009

    The real estate market received a boost earlier in the month once HR 3548 was passed. The extension on the first time home buyer tax credit and the creation on the repeat buyer credit was the news many people have been waiting for over the past few weeks. Ideally, this legislation will push those buyers... Read More

    Exciting Time in the Greater Philadelphia Area!

    By Tom Toole | October 21, 2009

    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,... Read More

    Again, Interests Rates Approach 5%!

    By Tom Toole | October 8, 2009

    Over the past day or two, Buyers have been able to lock in a 5% interest rate on a 30 year fixed loan!  These historically low rates, combined with the high inventory (creating lots of choices for Buyers) make the end of 2009 an excellent time to buy.  I have seen investors scoop up great... Read More

    Opportunities within the Market

    By Tom Toole | September 29, 2009

    Sellers within the 2009 market are concerned with their net proceeds if they do decide to move, as they should be. However, the savvy Seller will quickly recognize that even though he or she will really see a benefit years down the road on the purchase of a new and better home. When my past... Read More

    Market Activity in September

    By Tom Toole | September 23, 2009

    With rates still hovering in the low 5% range and the 1st time home buyer tax credit about to expire, activity in the sub-$400K price range is strong. It is still a GREAT TIME TO BUY, especially in Philadelphia and the surrounding counties. However, despite the increase in showing traffic, pricing is as important as... Read More

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