Archive for April, 2009

Java with Jean

Monday, April 20th, 2009

DATELINE:   Across the U.S.A.

FLASH:  Chester County Ranking

Chester County has found itself in rather prestigious company, ranking among the top 50 counties across the country in three categories: wages and salaries, dividend income and adjusted gross income.  The report, compiled by the Transactional Records Access Clearinghouse at Syracuse University, looked at individual and joint federal tax returns filed in 3,140 counties nationwide in 2007.  In Adjusted Gross Income, or AGI, Chester County ranked 21 at $96,578.  On the Wages and Salaries list, Chester County ranked 15 AT $70,404.  Top employers include Vanguard, QVC and Sungard, which offer top wages.  Chester is home to a number of biotechnology companies as well.  On the education front, Chester County has four universities and graduate campus Penn State Great Valley.  In addition, the county has an excellent public and private high school system within its borders.  In Chester County, 42.5 percent of adults 25 and older have a bachelor’s degree or compared to 22.4 percent in the rest of the Commonwealth, he noted.  For the complete list, visit www.trac.syr.edu.

Java with Jean

Wednesday, April 15th, 2009

Dateline:  Across the USA

Flash:  First Time Buyers

According to the Pennsylvania Association of Realtors and Trend MLS,
first-time buyers account for more than 54% of ALL Buyers… this represents a sharp increase from previous years when the average was near 40% … possibly due to the $8,000 first-time buyer tax credit and historically low rates.

Reviewing the first quarter of 2009 and March statistics…Chester County Rocks!  The number of Pending Sales — up 25% for all of Chester County in just one month! The Average Pending price was up. I believe the influx of first-time Buyers is driving the move-up Buyer market. This is GREAT news!

March 2009 Market Statistics

Wednesday, April 1st, 2009

Local Areas & All of Chester County

March Stats for ChesCo School Districts

Jean’s March Analysis

According to the Pennsylvania Association of Realtors and Trend MLS, first- time buyers account for more than 54% of ALL Buyers… this represents a sharp increase from previous years when the average was near 40% … possibly due to the $8,000 first-time buyer tax credit and historically low  rates.

Reviewing the first quarter of 2009 and March statistics…Chester County Rocks!  The number of Pending Sales – up  25% for all of Chester County in just one month!  The Average Pending price was up.  I believe the influx of  first-time Buyers is driving the move-up Buyer market.  This is GREAT news!

Real Estate Stats for Chester County March 2009