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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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08/04/2007