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Newtown, PA Real Estate News

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By Dale Cosack, Newtopias: The Cosack Team
(BHHS Fox & Roach Realtors - Newtown)
Newtown Grant saw 11 townhomes settle during June and July and 4 more go under agreement.  Click the Newtown Grant link to see what each home sold for and a list of their attributes.  Check back monthly to stay up to date on what homes are selling for in Newtown Grant.  Newtown Grant
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By Dale Cosack, Newtopias: The Cosack Team
(BHHS Fox & Roach Realtors - Newtown)
I wanted to expand a bit on the blog I wrote yesterday.  I fully believe that green homes are the wave of the future and no matter what will become the standard for new homes being built.  The reason why is because green really means quality.  Green homes have a better building envelope and use top notch systems that reduce energy consumption reducing monthly costs.  These homes take a few extra steps along the way to ensure they perform the best that they can i.e. sealing ducts, and all gaps in the envelope, making sure the highest level of insulation is used, and maybe more importantly used correctly, windows that insulate better etc.  One might think that all new homes are already built this way, but that is not always the case.  It's not the norm, but from time to time I hear horror...
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By Dale Cosack, Newtopias: The Cosack Team
(BHHS Fox & Roach Realtors - Newtown)
Explanation of Settlement Costs To show the affordability of homes and how the tax credit can actually put money back in a first time home buyers pocket I took a few recent closings so we can look at actual true-life scenarios.  I have attached the estimated closing costs for each property both with a seller assist and without a seller assist all except for the case of 1105 Society Place as this property did close with a 6% seller assist so I found no reason to run a different scenario. 1105 Society Place is a 2 bedroom 1 bath condo in Newtown Grant that settled for $190,000 on 2/26/09.  The MLS sheet shows the buyers received $11,400 as a seller's assist towards closing costs.  However, since a seller assist cannot exceed the buyer's closing costs, and under FHA guidelines the buyer m...
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By Dale Cosack, Newtopias: The Cosack Team
(BHHS Fox & Roach Realtors - Newtown)
All Home Sales in 2008 for Society Place and Yardley Corners now posted on our website under Neighborhood Sales. http://thecosackteam.com/neighborhood-sales-.asp 
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By Dale Cosack, Newtopias: The Cosack Team
(BHHS Fox & Roach Realtors - Newtown)
Jan 28, 2009 2008 Home Sales in Makefield Glen, Heritage Hills, Brookstone, and Tapestry Posted by The Cosack Team under For Buyers, For Sellers, General Information All of the home sales in 2008 for Makefield Glen, Heritage Hills, Brookstone, and Tapestry have been posted on our website.  Click the link below to go there now.  Other local communities will be updated shortly. http://thecosackteam.com/neighborhood-sales-.asp Or look under http://www.thecosackteam.com and go to Neighborhood Sales on the tool bar.
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All Sales in 2008 for Cornerstone, Crown Pointe, Heacock Meadows, Liberty Square, Rose Hollow, and Yardley Commons Now Posted Posted by The Cosack Team under For Buyers, For Sellers, General Information All of the sales during 2008 in Cornerstone, Crown Pointe, Heacock Meadows, Liberty Square, Rose Hollow, and Yardley Commons are now posted under our Neighborhood Sales section   http://thecosackteam.com/neighborhood-sales-.asp  More to follow.  If you live in a neighborhood that we don't post regularly shoot us an e-mail and let us know which neighborhood you'd like us to add.
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By Dale Cosack, Newtopias: The Cosack Team
(BHHS Fox & Roach Realtors - Newtown)
Jan 28, 2009 2008 Home Sales in Makefield Glen, Heritage Hills, Brookstone, and Tapestry Posted by The Cosack Team under For Buyers, For Sellers, General Information All of the home sales in 2008 for Makefield Glen, Heritage Hills, Brookstone, and Tapestry have been posted on our website.  Click the link below to go there now.  Other local communities will be updated shortly. http://thecosackteam.com/neighborhood-sales-.asp Or look under http://www.thecosackteam.com and go to Neighborhood Sales on the tool bar.
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By Dale Cosack, Newtopias: The Cosack Team
(BHHS Fox & Roach Realtors - Newtown)
The first time I sit down with clients to discuss their homebuying optons I find that the major misconception the majority of them have is, "It's impossible to get a loan in today's economy," or "I have good credit, but I can't come up with the 10% down payment."  Every time I am astounded as to where this information is coming from.  Many times my clients will say "well I spoke to a mortgage counselor and this is what I was told."  THIS IS ABSOLUTELY NOT TRUE!!!!!!!!!!! Mortgages are no harder to get today than they were a year, or so ago, and today's rates and mortgage options are fantastic.  As long as you have a credit score above 600 and have not claimed bankruptcy in the past 4 years you would be eligible for an FHA Loan that only requires a 3.5% down payment.  So, on a $200,000 h...
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By Heather Oberhau, Bucks County Real Estate, e-PRO
(Prudential Fox & Roach)
 I've got a great new listing coming on the market! It's a really fabulous townhome located in Eagle Ridge in Newtown Township.  Spacious, well-maintained, private back deck, and priced RIGHT.  No "Let's price it at 2005 pricing and see what happens."  going on here - I've got super-smart, reasonable Sellers. They Rock! (And so does their townhome) Check back on Tuesday for the first peek at this great home.  I promise you won't be disappointed in it's condition, location, or price.  Top notch all around!
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By Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
(RE/MAX Centre Realtors)
Newtown Township in Bucks County, Pa has some wonderful 55plus communities. 1. Newtown Gate . It has a clubhouse and tennis courts. These are resales . The lowest listed price of a home available right now is $215,000 for a 2 bedroom , 2 bath unit. There are other homes available. 2.Lakeview Estates. There is a 7 year old single home available with finished basement and 2 car garage. 3. Delancy Court .These are new homes being built by Mcgrath. They have heated indoor pool, fitness center, outdoor pool, and tennis. They have model homes and a sales center. If you would like a Buyers agent to help you buy your home Call Gita Bantwal at ReMax Centre Realtors. I am a Seniors Real Estate Specialist. 215-343-8200x124 Visit my web site www.gitabantwal.com and look up all available listings.  
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By Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
(RE/MAX Centre Realtors)
Newtown Grant is a community of single homes,townhomes and flats. It is locates off route 413 and is convenient to I-95 and within half hour of Princeton, NJ. It is  easy to commute to Trenton, NJ  from Newtown , from where you can take the train to NY. There are 15 active listings as per   the multiple listing. The lowest price is $199,000 for a 2 bedroom unit on first floor.  There is a 3 bedroom townhouse, with a garage  for $299,500. 5 homes are under contract. 3 of these were on the market for less than 15 days. In the last six months homes were on the market for an average of 52 days.(property marketing period/ The  sale price ranged   between $170,000 to $345,000. They community is located in  highly acclaimed Council Rock School district. If you would like to look at homes in Ne...
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By Andy Raffle, Team Leader - NMLS#156564
(Emery Federal Credit Union)
The end of the third quarter gives us the opportunity to review the majority of the year, including the busiest selling season, versus the same period a year earlier.  As of September 30, 2008, average sales price of a single family home in Newtown Township is $406,000.  This is a 3.3% decrease over the average of $406,000 at the same time last year.  Newtown has seen some pressure on it's upper end; homes over $800,000, due to the lack of available Jumbo financing. Unit sales in Newtown are down 7.6% from  with unit sales declining from 211 to 195 and units in inventory are down to  113 from 147, a 23.1%  decline.  Average days on the market have grown from 50 to 54.  and in Newtown,0 as in neighboring Lower Makefield, we're seeing an amazing number of properties selling in less than 3...
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By Andy Raffle, Team Leader - NMLS#156564
(Emery Federal Credit Union)
Market Snapshot August 31, 2008 Single Family Homes Average sales price 1.1.2008 through 8.31.2008 $406,000 -4.2% from the same period last year ($424,000) Units sold 1.1.2008 through 8.31.2008 176 units, -13.7% from the same period last year (195 units) Average Days on Market 54 days, +8% from the same period last year (50 days) Inventory of homes on the market, 106 units, -18.5% from the same time last year (130 homes) Average price of homes on market $408,000, -8.8% from last year ($535,000)   Andy Raffle sells Bucks County Real Estate.  Check out my website for Yardley homes and information, search for properties, read my informative Real Estate Articles and read my Bucks County Real Estate Blog   Andy Raffle www.askAndyRaffle.com Coldwell Banker Hearthside, Realtors 70 West Afton A...
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By Andy Raffle, Team Leader - NMLS#156564
(Emery Federal Credit Union)
What The National News Media Will NEVER tell you (or all Real Estate is local)   There are some great sources for Real Estate news available today, I read many of them. The Wall Street Journal, Inman, RealtyTrac, just to name a few. The problem is that these sites will typically deal with the housing market on a national level and offer very little in the way of information on the local housing market. I wonder, if you're thinking of selling a home in Yardley Pennsylvania are you terribly concerned with the performance of a nationwide Real Estate market that is dominated by activity in California, Florida and Las Vegas? What I will present in this blog is relevant data on the Real Estate market in the principal markets that I serve; Lower Makefield, Upper Makefield and Newtown Townships...
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By Joseph Grabowski, REALTOR - 4saleinbucks.com
(Keller Williams Preferred Real Estate)
After a miscalculation by the Newtown Township Tax Collector, the supervisors approve a whopping $9.00 property tax cut! To read the entire article, click here. For the schedule of Newtown Township Board of Supervisors meetings. Or visit, Newtown Township Bucks County Homepage   joe This list has been provided by Joseph Grabowski of Keller Williams Preferred Real Estate of Bucks County Contact Joe about Selling your Newtown, PA Home or Real Estate Homes For Sale in Newtown Township, PA in Bucks County Please visit our website Bucks County Real EstateProviding Real Estate services to the Bucks County communities of Levittown, Fairless Hills, Bristol Boro, Yardley, Bensalem, Newtown, Holland, Langhorne, Morrisville, Croydon, Buckingham, Wrightstown, New Hope, Tullytown, Richboro, Lower M...
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By Joseph Grabowski, REALTOR - 4saleinbucks.com
(Keller Williams Preferred Real Estate)
Richard Patton of Solebury Township will face trial on homicide charges, stemming from the negiligent and unfortunate death of his girlfriend Heather Demou, a Buckingham real estate agent. The incident occured on April 26th, 2007 in the parking lot of the popular La Stalla restaurant in Newtown, PA. when Demou apparently was trying to prevent Patton from leaving the restaurant. In her attempt to stop him, she had jumped on the running board of Patton's truck. Allegedly, Patton had started to drive away with Demou on thr truck, when she had fell from the truck to her death. Patton faces charges including homicide by vehicle while driving under the influence, and involuntary manslaughter. This is a very unfortunate. From the sounds of the articles, they were involved in a toxic relations...
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