Archive

The past couple of years have been crazy! We have seen a combination of few homes offered for sale, and strong buyer demand. Buyers have had difficulty finding a home to purchase at any price. The result has been rising home prices. Recent increases in mortgage rates have reduced some demand. The higher cost of […]

Residential markets in Philadelphia, PA and its surrounding suburbs tend to be more conservative. Our local market has seen its share of price increases over the past couple of years however, at a lower rate than other parts of the country. We are not insulated from downward market conditions, but a more controlled upswing often […]

For this market overview I will get even more local. One of the key factors driving suburban residential real estate markets is the school district they are located in. I will examine the Colonial School District. Communities located in this district include: Plymouth Meeting, Conshohocken, Lafayette Hill, and portions of Flourtown and Fort Washington. The […]

We’ve all seen recent news articles about the slumping residential real estate market. These articles mostly reflect national trends. Real estate is very local, so let’s take a look closer to home. I have chosen to focus on Montgomery County, PA, an area I work heavily in. The first thing I will examine is the […]