Philadelphia Restaurant Week January 19-31

Philadelphia Restaurant Week is scheduled for the last week of January, the 19th through the 31st.

Check out the website and make your reservations early. It is a great opportunity to explore Center City's high end restaurants for only $35 per person for a three course meal. 

WEBSITE
http://www.centercityphila.org/life/RestaurantWeek.php

Bucks County Home Sales Through October, 2013

The first ten months of 2013 showed continued improvement in the Bucks County home sales market. Spring and summer sales were robust, but some of the pent up demand has worked its way through the market and the number of pending sales in October, 2013 were about equal to those in October, 2012.

What's Happening in Bucks County?

No matter what your interests, there are lots of opportunities to pursue them in Bucks County.
To find out what's happening in Bucks County, check out the www.BucksCountyAlive,com website.
It's a very comprehensive source of recreational, cultural and family events throughout Bucks County. There's sure to be something going on in which you are interested.

Bucks County Home Sale Facts Through August, 2013

There was a significant increase of 20.5%.in the number of homes sold in Bucks County during the first eight months of 2013 compared to the first eight months of 2012.

Earlier in the year, buyers who were waiting for the market to bottom out decided the time was right to take the plunge.  The spring market was busy and some buyers found themselves in bidding wars with other buyers.  The increased demand for homes has caused a decrease of 9.3% in the number of homes for sale at the end of August, 2013 compared to the end of August, 2012.

With the increase in demand for homes, sellers expect sale prices to have increased more significantly than they actually have.  On average, prices have increased by 2.4% this year. 

Interest rates have increased over the last few months.  Time will tell whether the increase will have a significant effect on the rate of home sales.

 

The Allergist's Wife

Last night, I went to a wonderful play at the Bucks County Playhouse, "The Allergist's Wife". It stars Marsha Mason, from "Goodbye Girl" and Marilou Henner from "Taxi".  It is really funny; well written and well acted.  If you get a chance, go see it. It's playing through September 1.

Since the Bucks County Playhouse was renovated and reopened, it has attracted major talents and presented interesting shows.  It is again a major asset to the area. I'm thinking of becoming a season ticket holder.

Here's a link to the theater's website and its schedule of events:
http://www.bcptheater.org/shows-events-seasons/playhouse-productions-season/

Bucks County Home Sales Through June, 2013

 

Homes Are Selling Again in Bucks County!

What a difference a year makes!

Last year, agents in Bucks County were commenting that there were too few serious buyers and homes were taking quite awhile to sell.  This year, sellers of the most desirable homes are frequently receiving multiple offers on their properties. I've had two instances in the past month in which buyers I have been working with have made excellent offers, but were out bid by other buyers.

The figures are striking.  The number of Pending Sales as of April 30, 2013 is up 46% compared to Pending Sales on the same day a year ago.  Pending sales are the number of homes under contract that have not yet been settled.