Krista Fuchs Chester County Realtor(484) 459-8025 Home Buying and Selling

If you are looking to buy a house in the Downingtown School District it's important to know the facts.

Data here represents all single family homes and townhomes in the Downingtown School District.

More specific data sets may yield different results.

*These results represent the general trends in the school district.*

Fact #1- The median sale price has gone up 8% in the past two years.

This chart shows the median sold price in the Downingtown School District over the past two years. The Median Sold Price in December of 2006 was $390,000 and in December of 2008 it was $420,500 - a gain of 8%.

Fact #2- In the past two years, the number of homes for sale has gone down 39%, the number of homes under contract has gone down 50% and the number of homes sold has gone down 53%.

Fact #3- The Months of Sales rate has gone up 25% in the past two years.

This chart shows that the Months of Sales Inventory was up to 15.7. This means if no other homes were listed for sale and the currently listed homes sold at the current rate it would take 15.7 months to sell all the inventory.

If you are interested in buying a home in the Downingtown School District I would be happy to help you!

Krista Fuchs, Realtor. Giving You The Attention You Deserve. I can always be reached directly at 484-459-8025. Prudential Fox & Roach Realtors, Exton Home Marketing Center 484-875-2600.

This Saturday the Brandywine Museums & Gardens Alliance is having an open house offering free admission at these museums: Brandywine River Museum; Delaware Art Museum; Delaware Center for Contemporary Arts; Delaware Historical Society; Delaware Museum of Natural History; Hagley Museum and Library; Rockwood Museum and Winterthur Museum & Country Estate.

FREE ADMISSION*FREE ADMISSION*FREE ADMISSION*FREE ADMISSION*FREE ADMISSION

I love free admission for museums because if your child wants to leave in 10 minutes you don't feel badly about spending the money. So take the kids!

(now you know why I like free admission!)

I have all the web address below...and don't say I never wrote anything educational for you!

www.brandywinemuseum.org - Brandywine River Museum
www.delart.org - Delaware Art Museum
www.thedcca.org -Delaware Center for Contemporary Arts
www.dehistory.org -Delaware Historical Society
www.delmnh.org - Delaware Museum of Natural History
www.hagley.org --Hagley Museum and Library
www.rockwood.org - Rockwood Museum
www.winterthur.org - Winterthur Museum & Country Estate

Short sales are a reality these days and are not going away any time soon. A short sale is when the home is being sold for less than what is owed on the mortgage. This is also called being upside-down (that's right, the picture IS NOT a mistake!) Normally, when this happens, an offer must be presented to the bank for approval and this process can take weeks if not longer. And I don't know anyone that wants to wait that long for an answer.

The Wall Street Journal recently reported that Fannie Mae has launched a couple of pilot projects, in Phoenix and Orlando, that intends to reduce foreclosures by deciding on a price before a deal is even submitted. This would take a major downside away from a short sale, THE WAITING!

When you are acting as a Buyer's agent you want the experience to be as easy and enjoyable as possible so your clients are left with those feelings and will tell their friends. When your offer is rejected from a short sale it's bad on a couple of different levels.

• Lots of time wasted. Time the Buyer used to become attached to the home.
• Other homes have sold that the client liked.
• Interest rates could have gone up.
• Another month of rent could have to be paid.

I sincerely hope these pilot programs succeed and succeed fast! I don't know any agent that wants a dark cloud hanging over their relationship with their Buyer and I know A LOT of agents that avoid short sales. And when agents avoid short sales they most likely will become foreclosures...and no one wants that!

Krista Fuchs, Realtor. Giving You The Attention You Deserve. I can always be reached directly at 484-459-8025. Prudential Fox & Roach Realtors, Exton Home Marketing Center 484-875-2600.

Saving money is always a good thing especially in this economy. And if you have kids this is a no brainer! I hear the Giant in Exton, PA is doing this as well!

If an antibiotic is just what the doctor orders during the ‘cough-and-cold' season, your prescription won't cost you a penny at Wegmans. The 72-store grocery chain announced that effective Wednesday, January 7, 2009, with a Shoppers Club card, there will be no charge for generic oral antibiotic prescriptions during the months when usage peaks: between now and March 31.

"A few months ago we began to lower prices on hundreds of food products in anticipation of lower costs in 2009," says President Colleen Wegman. "There's been such a tremendous response, it triggered discussion about other ways we could help customers and employees save."

The program covers up to a 14-day supply of the generic oral antibiotics listed below. There are no limits on the number of prescriptions that can be filled, and it includes both new prescriptions and refills:

Amoxicillin
Cephalexin
Sulfamethoxazole/trimethoprim
Ciprofloxacin (excluding Ciprofloxacin XR)
Penicillin VK
Ampicillin
Tetracycline
Erythromycin Stearate and Ethylsuccinate
Doxycycline Hyclate (capsules)

"We understand the economic pressures families are facing, including the rising cost of health care, which is something I'm especially concerned about," says CEO Danny Wegman. "We hope this program will help families better cope with those expenses."

Wegmans estimates that the program has the potential to save its customers (across all market areas) approximately $1 million.

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Wegmans Food Markets, Inc. is a 72-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, and Maryland. The family-owned company, founded in 1916, is recognized as an industry leader and innovator. Wegmans has been named one of the ‘100 Best Companies to Work For' by FORTUNE magazine for 11 consecutive years. In 2008, Wegmans ranked #3 on the list.

Do you want to move but haven't found your dream house?

Are you discouraged because all you keep hearing is that the inventory is so high and Buyers have so many choices???

Are you tired of looking and want to try a new way????

Well You're In LUCK!!! I HAVE ANOTHER WAY!!!

I recently helped a client find their dream home...and it wasn't even listed for sale!!

Check out this testimonial!

"Krista recently helped us find a great home in the Downingtown/Exton area. She was extremely knowledgeable and had many insights about the area that helped with our search. She took the time to understand our requirements and suggested a community that we fell in love with. When there were no houses available that met our needs, she volunteered to ...that resulted in several great responses from homes that were not even on the market, one of which we ultimately bought and love! I would highly recommend Krista to anyone looking for a realtor." December 23, 2008

If you need help finding your dream home call me today and I will tell you how I can help you!

Krista Fuchs, Realtor. Krista.Fuchs@Prufoxroach.com

Giving You The Attention You Deserve. I can always be reached directly at 484-459-8025.

Prudential Fox & Roach Exton Home Marketing Center, 484-875-2600