Right now inventory is drastically low. It is still a sellers market. Homes are coming on the market and selling FAST with multiple offers. So if you are thinking about selling, ACT NOW to net the most. We do not know how much longer this type of market will last.
Let’s face it, we do not yet know the long term affects the virus will have on the economy. We are seeing unemployment rise as business close or scale back. Eventually, that will affect the number of buyers out there looking.
With that being said, let’s compare numbers from April, May, and June 2019 to April, May and June 2020 so you can see just how huge the difference is...
In Bucks County, we saw a drastic drop in Pendings in April and May. In June as things opened up we saw the number of Pendings jump up compared to 2019.
In Montgomery County, we see the same drastic drop in Pendings in April and May. In June as things opened up we saw the number of Pendings jump up compared to 2019.
In Philadelphia Co - we see the same drastic drop in Pendings in April and May. In June as things opened up we saw the number of Pendings jump up compared to 2019.
Over in NJ in Mercer County we saw a slight drop in Pendings in Aprail and May. In June, we saw the number of Pendings rise up slightly compared to 2019
In Burlington County – Again we saw a slight drop in Pendings in April and May. In June we saw the number of Pendings rise up slightly compared to 2019.
In Camden County - we saw a slight drop in Pendings in April and May. In June we saw the number of Pendings rise up slightly compared to 2019.
NJ’s numbers did not fluctuate like PA’s numbers did because PA was the only state where real estate was considered non essential. NJ was still allowed to sell homes.
Since, demand is so high and inventory is so low. We have amped up the level of publicity for our "Coming Soon" Homes. We have 2 hitting the market the week of the 6th with both taking full advantage of our "Coming Soon Campaign." We are going to kick off showings with a sneak peak the morning of the homes going active on Facebook live. So Join Us!
The first one is going to be a unique opportunity to purchase in Pennsbury School District for $250,000 with low taxes on July 6th at 9:30 am. Click here for the Event Link for 637 Main St in Tullytown.
Our second one is a gorgeous well maintained Colonial in Neshaminy Schools on July 8th at 10:30am.
Click here for the Event Link for 882 Henry Ave in Langhorne.
My job as an expert Realtor,is to do everything in my power to publicize the home to drive up demand. High Demand = Highest Selling Price & Sellers in Control of Negotiations.
If you are thinking about selling, contact me. I offer a Free 30 min - No Obligation Consultation where I walk through the home and give you tips and tricks on what do to get it ready for the market.
Many of my proven tips and tricks I suggest for sellers are outlined in my upcoming book:
"How to Net the Most When You Sell."
Which will be released in the next few months and available on amazon!
I am also excited to share with you that I will be on the cover and featured story in:
Bucks County Real Producers
which is a local Realtor magazine for the top 300 Realtors in the area in September.
- Christina Swain, "Your Realtor in Red"
The Swain Team
TheSwainTeam@gmail.com / 215.757.7257
Welcome to our Tip’s for Home Buyers. In the next few weeks we are going to review 7 tips.
Tip #1: Decide on a Location
Know the area you want to be in. Ask yourself, does this area fit my lifestyle? Is it conveniently located near your work, family and places you frequent? Take the extra step to do a dry run from the area to places you frequent. Proximity to your needs is an important factor that is often overlooked by home buyers.
The Swain Team wants you to be 100% sure that you are making the right home buying choice. We offer a love it or we will sell it for FREE guarantee. If you don't like the home you bought, we will sell it for FREE within the first 6 months.
Tip #2: Don’t Commit Before You’re Ready
Owning a home is a huge commitment and a more expensive one than some home buyers realize. Before buying a home, make sure you know exactly what you’re getting into so you can decide if you’re financially and personally ready for such a large commitment. A great way to decide this is to sit down initially before house hunting and do a needs analysis with us. We review expenses, your needs and closing costs with you as well as the home buying process.
Many online mortgage payment calculators only take into account your monthly mortgage payment. They do not figure in your property taxes, homeowners insurance, HOA fees and other monthly costs of owning a home. So be prepared and sit down with me and educate yourself.
If you are thinking about buying, reach out to us. We are happy to educate you and guide you through the process. Even if you are in the beginning stages, we can help you prepare.
TheSwainTeam@gmail.com or 215.757.7257
Never sell without doing this first
You never want to sell without pre-marketing your home first. There are many reasons for this. One of them being the ability to test market the home.
Which makes me think about one of our past clients:
The children were selling their parents’ house, as the parents had passed away.
Of course, they wanted to net the most and made repairs to the home to get it ready for the market. They set the price a little higher than I recommended. For 2 weeks we analyzed the statistics and numbers of calls and emails we got. Unfortunately, we had NO inquires and the stats were not impressive.
So, I consulted with them and we lowered the price $10,000 and let it hit the market in 1 week. That was the magic number! I had a number of agents calling me about the home, and the stats shot through the roof. It went on the market on a Monday and we had 6 offers right away!
We drove the demand up so high that they were able to get 10,000 over asking price. They were thrilled.
The moral of the story is: it pays to pre-market the home. There are MANY benefits to pre-marketing, test marketing is just one. You can see our success stories here.
I want you to think of it this way, if Nabisco is going to put out a new cookie, they are going to test market, right? They are going to pick certain cities and play with the pricing, packaging, shelf placement, marketing and so on. Why? Just so they can find the right selling combination to net them the most.
Why should your home be any different?
If you are thinking about selling, I offer a FREE 30min, no obligation consultation where I walk through the home and give you tips and tricks on what do to get it ready for the market.
Christina Swain with The Swain Team
215.757.7257 / TheSwainTeam@gmail.com
Coming in July 8th, More pics to come!- - - - - - - - - - - -
Well maintained 4 bedroom/2.5 bath Colonial in Neshaminy School District. Step inside to the bright and airy foyer featuring hardwood floors. The neutral living room and dining room have new carpet and fresh paint. The remodeled eat-in kitchen opens to the family room making it ideal for entertaining. The kitchen features wood cabinets, granite, stainless steel appliances and ceramic tile floor. Light floods the sunken family room through the sliding glass door that leads to the Trex deck. Upstairs hosts 3 bedrooms with fresh paint and new carpet, updated full bathroom as well as a gorgeous master suite. The spacious master bedroom suite is sure to please with a HUGE private bathroom and HUGE walk in closet. The master bathroom features a ceramic tile shower with glass doors, soaking tub and a double vanity with granite countertops. The basement has been partially finished and is perfect for a game room or home office. The basement also offers storage area as well as the 2 sheds in the fenced rear yard and 2 car garage.
Listed at: $435,000
For more information or to schedule a showing contact us at TheSwainTeam@gmail.com or 215.757.7257
Just last week I was working with a buyer and he had both a Zillow and an MLS search setup. In one of our conversations, he asked me: “Why does Zillow show more homes for sale?” So, I thought I would take a minute and explain how the different home search engines work.
The MLS system is the Multiple List Service this is the same database of homes for sale that realtors use. Therefore, it is much more accurate and up to date. Just because it is listed on Zillow doesn't mean it is actually for sale still. Zillow will leave homes that are under contract and sold as for sale so that they can sell your information to realtors when you inquire on a home.
When it is time to start actually looking for a home, I recommend you start by contacting an expert Realtor. An expert Realtor, uses the MLS system which is up to date and accurate. Another advantage of using the MLS system is that you can see ‘Coming Soon’ listings which Zillow does not show. These are homes that will be coming on the market within the next 3 weeks.
'Coming Soon' listings can only be found on the MLS. This is a great tool especially with the market we are in today! Wouldn't you want to know a head of time that a home is coming on the market that meets your criteria? It pays to know when a home is coming on the market before it actually does, so you can be the first one through the door! I am happy to help educate and guide my clients through the process.
Interested in receiving houses before they hit the market? Call me at 215.757.7257 or email us TheSwainTeam@gmail.com.
Coming Soon.... July 6th!
Looking for a charming home with low taxes and an open floor plan? Step inside to the enclosed sun porch ideal for relaxing with your morning coffee. The living room opens to the remodeled eat-in kitchen with ample recessed lighting. The remodeled eat-in kitchen features granite countertops, white cabinetry, an island with seating and much more! Wood flooring extends through the living room, kitchen and 3 bedrooms. The main bathroom has been updated and is neutral. The second bathroom was completed in 2019 and is sure to please. Complete with ceramic tile shower and glass doors. The lower level offers storage, a laundry area, and utility room. The 2-car garage features a 9ft door with R16 insulation. The home also offers a newer roof, most windows have been replaced, central air and more! The home DOES NOT require flood insurance, the seller obtained an elevation certificate to take them out of the flood zone.
To learn more about this home or if you would like to schedule a tour, please call 215-757-7257 or email TheSwainTeam@gmail.com
Bucks County Real Estate News
"Lifting You ABOVE the Competition"
The Swain Real Estate Team
Christina & Carol Swain
Top Producing Realtors Serving PA & NJ
Keller Williams Real Estate
584 Middletown Blvd., A50 Langhorne, Pa 19047