David Joslins (DJs) Rhythm of Real Estate

Delaware County's housing trend update.The media is killing buyer and seller perception of the real estate market conditions in our area. If they want to dissect neighborhoods there may be a variation up or down but overall the market is not sliding downward, if anything it is still moving upward...

So last week I posted a scenario regarding a shortfall in commission payout and here is how it all played out. Here is a quick recap...What happens when your client (the seller) all of the sudden cannot pay the agreed upon commission because of unforeseen penalties on their mortgage payoff?  (The...

In a time when the real estate market is all topsy-turvy I find myself in conversations centered around the government bailout of banks. The banks want the help of the government to bail them out of a bad business decision? The real estate boom of a few years ago was absolutely crazy and I was sh...

We are in a market right now where people are upside down in the mortgage, getting foreclosed on, being forced to sell because of increasing interest payments, and any of the other reasons a person needs to sell their home. But what happens when your client (the seller) all of the sudden cannot p...

Delco's housing trend update...The number of units listed for sale is down an incredible 41% over the number of units listed in November '07. More interesting is that the number of units listed is down 20% when compared to December '06.Oddly enough the Average list price is up about 5% over Novem...

Delaware County's housing trend updateThe November Numbers are in...The number of UNITS LISTED for sale is - hope you are sitting - down a whopping 32% over the number of units listed in October '07. But don't panic, it's that time of year as it is only down 4% from November '06. The Average LIST...

The ongoing saga of the Philadelphia International airport expansion took an interesting turn recently. Several months ago (Sept ‘07) residents of Delaware County packed local meetings about the proposed change in flight patterns. The FAA was proposing to change the flight patterns to allow comme...

Unlike the dark cloud that has been hanging over the real estate market, it really isn't so bad here in the Delaware Valley. The National Association of Realtors (NAR) October housing report recently released a report that stated a "rise in home sales and strengthening in home prices appear immin...

Delco's housing trend updateSo the October figures are in...The number of unit listed for sale is slightly up .003% over the number of units listed in September 07 and down 8% from October '06. The Average list price is up a blip, .001% over last month and up 8% over October '06. The Average SOLD...

I had the pleasure on Halloween to go to another settlement. I have to say, all the doom and gloom surrounding this market was long forgotten at the settlement table. We were a lively bunch. The buyers were coming from a settlement where they just sold their current house and were making the move...