Reported by Ruth Parker, REALTOR, e-Pro Specialist
Updated August 5, 2009.
Current Market Rating: 2
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Buyer's
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Current Price Trend: 3
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Falling
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The prices that are going to be slashed to capture the buyers have already been cut or original prices are starting out lower than the old market. There are fair prices, reasonable prices, on most of the listings now. Prices are between 9%-13% lower than they were listed last year. Buyers are finding more homes affordable with the low interest rates and the $8000 tax credit incentives. Because the $8000 federal stimulus tax credit expires on December 1, 2009, many first time homebuyers are urgently picking out homes now so that they don't miss it. This is good for any seller willing to list their home and sell it before September. The best homes are being sold quickly and many for multiple offers during this hot season. It is a great time for buyers and sellers in the Greater Coatesville Area.
ZIP Code: 19320 Approximate Location Boundaries: E Brandywine Twp, Caln Twp,W Caln Twp, W Brandywine Twp, Valley Twp, E Fallowfield Twp
Location Characteristics: Coatesville area is a large area that includes the city of Coatesville and 8 surrounding townships all in the Coatesville Area School District.
About Ruth Parker:
Realtor Ruth has been helping buyers find homes and sellers successfully pricing and marketing their homes for more than 12 years in Chester County. She is a part owner of a Keller Williams Realty Midway office recently opened in the western Chester County town of Thorndale. The Midway office stands for the values that Ruth holds dear: Finding common ground between two extreme points of interest. If there is a way to bring satisfaction to a seller whose home is being foreclosed and a buyer who needs to find a home for himself or his family within the confines of his tight budget, that is success to Ruth. She and her husband live in the scenic hills north of Coatesville. The House of His Creation, of which Ruth is the Chairman of the Board for, is located in the hills south of Coatesville. Shrewd and energetic, she works hard to elevate individuals by instilling hope and encouragement. Call her to help you with your Homework.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.