OPPORTUNITY KNOCKS! — Mortgage rates are near historic lows!

OPPORTUNITY KNOCKS! — Homes are more affordable than they have been in
years!

OPPORTUNITY KNOCKS! — 5% “Friends and Family” commission rate to sell
your home … PLUS, $1000 toward your settlement
costs!!

If you are considering selling and/or buying a home, Opportunity could be knocking for you.

As a seller of your Liongate home, you can expect good response. Liongate is a sought after community. Seventeen homes sold in Liongate in the past 12 months. Six two bedroom homes sold for a median price of $199,250. Eleven 3+ bedroom homes sold for a median price of $229,900. We expect to see 20 sales in Liongate in 2011.

As a buyer, mortgage rates are still near historic lows. Currently mortgage rates are about 5%, up from the historic lows of 4.5% or less, but obviously still a tremendous rate. We expect mortgage rates to tick up in 2011. Home prices have dropped in the last couple of years (as we all know), such that homes are more affordable now than they have been in years! Again, we expect home prices to rise slightly in 2011.

The last couple of years have been tough, economically, especially for homeowners. The members of The Kim Wood Team want to do what we can to make 2011 the year we all move forward. We are offering a limited time, special rate to all Liongate homeowners PLUS we will pay $1000 toward your closing costs if you list your home with us! If you buy a home in the local area (with one of us assisting as your buyer’s agent), we will pay $1000 toward your closing costs on that home as well!

To learn more about our SPECIAL RATE, email us (Inquire at TheKimWoodTeam dot com) or call (484 876 1256) now before this Opportunity stops knocking.

Tom

We’re excited to announce 1801 St Johnsbury Ct is now for SALE ! Help spread the word…. is this the place for you? Do you know of someone who is looking for a great townhome to call their own? Here it is ….

Are Houses Selling?

Short answer is absolutely!  This should not be surprising to the folks who call Liongate “home”.  The Chester Springs community in Chester County enjoys a picturesque setting with an “alpine village” feel.  The two and three bedroom townhomes are spacious and can accommodate versatile lifestyles. The location near the intersection of Rt 113 and Rt 100 is convenient to all major transportation routes (including SEPTA), dining facilities from all the major fast food names to exclusive restaurants, all types of shopping from Exton Mall to trendy Mainstreet, and the acclaimed Downingtown School District.  For these and many other reasons, Liongate homes enjoy a fairly constant demand regardless of the overall real estate market.

Currently…

The number of homes sold in Liongate has averaged 20 to 25 homes each year over the past five years.  This year, thus far, 17 homes have sold.  There are 6 homes presently offered for sale.  Of those, 2 are under contract/pending meaning if all goes as planned these homes are sold.  I have little doubt that by the end of the year, homes sold will easily make the average 20 to 25.

If you have questions about the real estate market in general or Liongate specifically, please email or call (610) 692-6823.  We track the national market through our association with the National Association of REALTORS(R) but more importantly, we do local real estate every day.  We know what is happening locally and we always have time to answer your questions or just talk.

Let us know what you think about this site.  Check back periodically as we plan to address topics such as “How has the value of Liongate properties fared in the latest real estate crisis”.

Tom