OPPORTUNITY KNOCKS! — Mortgage rates are near historic lows!

OPPORTUNITY KNOCKS! — Homes are more affordable than they have been in
years!

OPPORTUNITY KNOCKS! — 5% “Friends and Family” commission rate to sell
your home … PLUS, $1000 toward your settlement
costs!!

If you are considering selling and/or buying a home, Opportunity could be knocking for you.

As a seller of your Liongate home, you can expect good response. Liongate is a sought after community. Seventeen homes sold in Liongate in the past 12 months. Six two bedroom homes sold for a median price of $199,250. Eleven 3+ bedroom homes sold for a median price of $229,900. We expect to see 20 sales in Liongate in 2011.

As a buyer, mortgage rates are still near historic lows. Currently mortgage rates are about 5%, up from the historic lows of 4.5% or less, but obviously still a tremendous rate. We expect mortgage rates to tick up in 2011. Home prices have dropped in the last couple of years (as we all know), such that homes are more affordable now than they have been in years! Again, we expect home prices to rise slightly in 2011.

The last couple of years have been tough, economically, especially for homeowners. The members of The Kim Wood Team want to do what we can to make 2011 the year we all move forward. We are offering a limited time, special rate to all Liongate homeowners PLUS we will pay $1000 toward your closing costs if you list your home with us! If you buy a home in the local area (with one of us assisting as your buyer’s agent), we will pay $1000 toward your closing costs on that home as well!

To learn more about our SPECIAL RATE, email us (Inquire at TheKimWoodTeam dot com) or call (484 876 1256) now before this Opportunity stops knocking.

Tom

Right down the road from Liongate is My Gym Children’s Fitness Center, a place just for kids! My Gym is an excellent alternative to TV, movies, or video games and a great way to keep your children active and physically fit. Structured age appropriate programs are available for children six weeks to 13 years of age. These programs aim to enhance strength, balance, coordination, social skills but most of all just have fun through activity.  Specific programs such as camp, karate, sports, music, dance, and arts and crafts are available as well as drop off programs which are very popular and fill up quickly. One example is Parent Night Out. Saturday nights from 6pm – 9pm for ages 2 ½ to 9 years old. Activities are planned and they have a blast and leave healthier, tired and ready for bed. 1 child is $30. 2 children: $40. 3+ children: $45.

My Gym is a great idea for that special Birthday Party. The staff will bring My Gym to your house or a park of your choice!

The fall schedule which begins September 7^th, 2010 is up. Enroll now to be sure you get the spot you want.

Call for more information: 610-363-6090.

Location: 138 Eagleview Blvd in Lionville, PA 19353

Well, there is little doubt the tax credit provided a fairly significant boost for the real estate market, the Liongate Community included.  As real estate professionals, we have noticed a “slowdown” since the credit expired April 30.  This was not unexpected as it was fairly obvious that a number of May/June buyers moved their purchase earlier to take advantage of the tax credit.  We expect this to resolve itself in the very near future.  In fact, I have noticed an increase in buyer interest in the last couple weeks.
 
So what about our area of specific interest, the Liongate Community.  There were 10 homes sold in Liongate in the last six months.  Not bad, but most of that time was during the “tax credit period”.  SINCE THE TAX CREDIT EXPIRED, 2 homes have gone under contract.  Bottom line, the Liongate Community experiences a fairly steady demand.  Yes, there was an uptick in activity during the tax credit period, a slowdown immediately following (May), but homes are still selling in Liongate!
 
Currently there are 8 townhomes listed for sale.  If you are considering selling your Liongate home, now might be a good time to give The Kim Wood Team a call.
 
For a slightly broader “look” at the real estate market surrounding the Liongate Community, check out John Lauber’s excellent analysis of the Uwchlan township posted below.

“How’s the market?” is one of the most common questions we hear as real estate agents. The chart below shows the past year, ending in June, 2010. As you can see, Uwchlan township, which Liongate is a part of, has had steady sales for the past year. With the activity in March and April, as the tax credit ended, shows an increase in listings and eventually solds (see June) as sellers tried to get their home on the market and let buyers take advantage. Those under contract listings, became June’s solds as the original settlement date of June 30, 2010 approached (note: that was recently extended for settlements only to the end of September, 2010).

The days on market has remained remarkably low compared to Chester County and it could be considered a “normal” market, as the current absorption rate for Uwchlan township is only 6 months of inventory (i.e. 6 months to sell all current inventory with no new listings). Anything between 5 and 8 is generally considered a normal market. Chester County is still tilted towards a buyer’s market.

If you would like even more detailed information regarding your property, especially as it pertains to the Liongate community, feel free to contact us.

Check out the chart below:

We’re excited to announce 1801 St Johnsbury Ct is now for SALE ! Help spread the word…. is this the place for you? Do you know of someone who is looking for a great townhome to call their own? Here it is ….

…THE REST OF THE STORY

Some would say that getting a contract on a property in 5 days was just a matter of being in the right place at the right time, or luck. We say “sure” that could possibly be part of the story, but, in our opinion, there is more, much more, to the rest of the story. We believe today’s real estate market requires professionalism, expertise, current market knowledge, and the right marketing plan. We partner with our client owners to help them “show” their home in the best possible light, so that it will appeal to the greatest number of potential buyers. We “fine tune” the listing price to maximize the return to our owner clients, while creating the proper level of immediate interest in the market. We then “blitz” the market with a high impact, precisely organized, marketing plan. We believe this combination allows us to capture those elusive “right place at the right time” and “luck” moments.

If you are considering selling your Liongate home, call or email The Kim Wood Team. We study, observe, and work the Liongate real estate market everyday. We are the “Liongate Experts”.

Here are some tips to help your house shine when you are selling.

Chester County Library

Chester County gets blanketed with more snow! And…. Phil, the groundhog saw his shadow…. I think this means more books, warm blankets, and cuddle time.

Are you aware of the great resources available with a free library membership in the Chester County Library System? They are one of the best library networks that I’ve experienced. I’m sure some of you think those spiny things with pages that you turn are quickly being replaced by digital turners, but I like to feel the pages in my hands too.

The closest library to the Liongate Community is the branch in Chester Springs on Art School Road. The historic building is a treat in itself.

For other Chester County Library Locations check out their website here.

Free Audio Books to Download

Oh! And if you do like to listen to audio books, did you know about the free downloads of books you can get on their website for members? They have many titles – check out the Audio Library here.

You can find a whole lot more resources there too – story hours, free classes, online databases, book reservations, movies, so much more!

I’m partial to snow… I don’t like to tell everyone that, cause I see the wide eyes gaze back to me like “AHHH, you’re crazy!” I like taking pictures of snow covered objects and I like watching from the warmth of my home. But, some people like to go out and travel … if you do, please stay safe!

Remember the road crews work hard to keep the roads cleaned off – and emergency workers need to get to work, so less is better for a while. I was in one of the many accidents on the 30 Bypass last week when another driver hit a patch of ice and lost control – it happens fast !

If you have somewhere you need to be, you can check out road conditions here on The Team website.
Stay warm!

What a great question we were asked today on our Live Chat….

Has anyone ever used a fireplace insert in Liongate?

Have you ? Any input ? Leave a comment or if you’d like to answer anonymously you can, just send your answer via email. If you have any questions you would like answered… just ask! We’ll try our best.