Coatesville, PA Real Estate News

By Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA, Carolyn Roland, GRI, CRS
(Patterson-Schwartz Real Estate)
This last week the Chester County, Pennsylvania Town Tour was in Coatesville, and the star was a woman who died in 1854.  Rebecca Webb Pennock Lukens’ father would take her to his Federal Slitting Mill as a child, so she was no stranger to industry. Even today, a cluster of Lukens family homes on 1st Avenue in Coatesville has mills in their back yards, so the family was never far from their business. Her physician husband became involved in the business, but when both he and her father, Quaker Isaac Pennock died within one year of each other, Rebecca had no choice but to take over the family business in 1825. On January 6, 1994, the 200th anniversary of Lukens' birth, the Pennsylvania Legislature and City of Coatesville declared her "America’s first woman industrialist." She was also ho...
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By Gloria and Jason Belmonte, www.cecilcountyhomesearch.com
(Prudential Fox&Roach The Belmonte Group)
Coatesville is mostly known for its long history of its production of steel. Coatesville, has had a big turnaround in the past several years. Experiencing a high crime rate and vandalism, they police and town have made great efforts to restore the city to its beauty. Average days on market is 123. Currently there are 106 properties in inventory with 31 sold in the past two months. Market Statistics For Coatesville, Chester County Pa.  Monthly Statistics for the Date Range Selected Date Units Listed Listed Volume Listed Average Pended Units Sold Sold Volume Sold Average Average DOM Apr 2011 8 605,500 75,687 3 5 392,500 78,500 120 Mar 2011 23 2,559,800 111,295 11 8 674,914 84,364 125                   Totals: 31 3,165,300 102,106 14 13 1,067,414 82,108 123                     Inventory Ac...
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By Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line
(Long & Foster Real Estate Inc 610-225-7400)
Last night we met friends at what I think is one of the closest things I have found in the States to an English pub. It is cosy with outdoor seating, wood panelling and a great choice of beers. Located in Chester County in Springdell Village, The Whip Tavern is a great place for lunch or dinner as well as a decent pint. If you are a wine drinker, bring your own, the are only licensed for beer. TV's are tuned to sport and primarily Rugby as the local team is definitely connected. We started with a pint whilst we waited, I enjoyed the rugby on the screen, being an old prop forward and playing for Middlesex in England when I was 16, a long long time ago, and we asked for a table outside on the patio. When our friends arrived we had a relaxing drink, and then sat at our table. We had great ...
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By David Henke, Realtor, Homes Just West of Philadelphia PA
(Long & Foster Real Estate, Inc)
USDA Rural Development Loan Program funding is close to being exhausted. This is a quick update from our Lenders that I wanted to pass on.  (The USDA Rural Development Loan Program is not available in Delaware County but it does become applicable as you move further into Chester and Montgomery counties.) On March 9, the United States Department of Agriculture Rural Development (RD) announced that program funding for the Single Family Housing Guaranteed Loan Program (SFHGLP) will likely be exhausted by the end of April.  With this in mind, some lenders are already no longer accepting USDA Rural Development Loan Applications effective immediately. As always, if you have any questions or need any additional information, please do not hesitate to let me know. David HenkeLong & Foster Real E...
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By John Cilladi, REALTOR, EcoBroker, e-PRO
(Keller Williams Real Estate)
Living in Chester County, Pennsylvania offers the best of many worlds. You get access to major shopping, major sports and major highways. You also get rural, Amish, and small-town neighborhoods. As of today (April 22, 2007) there are 99 homes listed in the MLS as "Active." In the past 12 months 15 homes have sold per month. It will take 6 1/2 months to sell the homes currently listed in Coatesville. The good news is that the economy is good, unemployment is low, and mortgage rates are still very low. Get the facts; make wise decisions. If you are going to be buying or selling a home in Coatesville or the surrounding area, give me a call. I have access to all the stats that will help to market you home most effectively.  Check out my website. This chart shows what has been happening ove...
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Coatesville, PA Real Estate Professionals