Tim 's Blog

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Real Estate Agent - Coaches Corner Radio...The Real Estate Guy
Musings, rants, and rockin' good times in Happy Valley. Penn State is the center of attention but I'll be talking about State College real estate and the local economy. Once in a while a comment about the Nittany Lions may sneak in too.
RECENT BLOG POSTS
Penns Valley buyer activity was slow in the month of November 2007.  There were two sales of residential real estate nad one buyer of a building site.  Nothing over $200,000 sold in the Valley and December looks to be a bit more active for real buyers.  Of coures, Spring is coming and with it the...
12/20/2007
How is this for a holiday suprise?  Current 30 year fixed rate conventional loans can lock today at 5.875%.  This is a conventional loan with loan documentation and good credit.  The P & I payment on this loan for $100,000 = $591.54$150,000 = $887.31$200,000 = $1,183.08$250,000 = $1,478.84$300,00...
12/20/2007
How long does it take to sell a home in today's current market in the Bellefonte school district?  There are several stat's to consider.Average DOM (active listings) - 145Average DOM (closed in past 6 mo.) - 92 daysAbsorption Rate - 5.4 monthsWhat does it all mean? I will explain each statistic a...
12/19/2007
How long does it take to sell a home in today's current market in the State College school district?  There are several stat's to consider.Average DOM (active listings) - 151 daysAverage DOM (closed in past 6 mo.) - 67 daysAbsorption Rate - 5.3 monthsWhat does it all mean? I will explain each sta...
12/13/2007
population male20,620population female22,325median age26.81college graduate35%white collar80%blue collar20%no. of households14,883no. of family households5,510average family size2.96median household income$30,197average household income$47,079total crime index47average January low temperature18.3...
12/12/2007
Here is the headline in a recent issue of the Centre Daily Times, "Rules may raise housing prices." The subheading state's, "County looks at easing ordinances to create more affordable dwellings." I have blogged on at the mouth about my perspective relating to Affordable Housing in the Centre Reg...
12/12/2007
Don't miss the best buy in Penns Valley and it may be the best buy in all of Centre County real estate. The home features 3 br 2.5 baths located in a picturesque valley with views of the adjacent Amish organic dairy farm. There are 2.3 acres to call your own. Enjoy Spring and Summer on the sprawl...
12/12/2007
 At the beginning of the year I left my former broker for a better business opportunity with the new Keller Williams office in town.  I wasn't alone.  I was one of about ten that left the agency over a period of months.  What I marvel at is the treatment that we received from our former broker an...
12/11/2007
So there we are squirming at the closing table at 10:45 a.m. on a Friday morning. The sellers are anxious because they must step into their U-Haul and drive three hours to a walk-through and the closing of the new house they are purchasing. The closing company told us we could pop in at 10:00 a.m...
08/17/2007
Several days ago I was driving through Georgia when I stopped to run in Savannah. I found a nice subdivision on the run and as I ran around the lake I had a chance to read many of the real estate for sale signs. Most of them had a sign rider stating: PRICE REDUCTION. No great surprise in the curr...
08/04/2007
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Tim Rogers

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