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Tim Rogers

Penn State Small Business Development Center to Feature Tim Rogers of Keller Williams Realty

03-30-09
Tim Rogers

The Penn State Small Business Development Center will feature the latest in its Breakfast Business Bites seminar series tomorrow morning featuring the Coaches Corner Radio show trio of Tim Rogers from Keller Williams Realty, Ken Pasch from the Smeal College of Business, and Paul Nichols from EDI.

Check out the link below for more information or to register for the seminar. It will be a great morning of learning and discussion as the trio discuss: Issues, Challenges, and Opportunities of Leading a Business Today.

Hope to see you there.

Register here:

http://www.sbdc.psu.edu/img/BREAKFAST_BUSINESS_BITES_3__3-2009.pdf

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REAL ESTATE INVESTMENT VS. THE STOCK MARKET 2002 TO DATE

03-06-09
Tim Rogers

Last week the stock market hit a low not seen since 2002. Yesterday the market hit a 12 year low. How has housing fared in the same time frame in the State College, PA. market?

Homes prices have been on a steady rise in the market for years but never had the run-up in prices that we have seen nationally nor the contraction as seen nationally.

The stock market rose from 7,591 in 2002 to 14,000 last year and in the span of several months has contracted below 2002 levels. If you invested in the market in 2002 and didn't pull your money out, a $20,000 investment in the market in 2002 is worth $20,000 today (not accounting for dividends and stock splits).

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Suppose you invested in residential property in 2002 using a $20,000 downpayment and buying the average price home in the Centre County market. The return on your investment is as follows:

Avg price of home 2002 - $140,700

Avg price of home 2009 - $207,731

Gain over 7 years - $67,031

47% gain over 7 years

Avg annual return $9,575

The $20,000 initial investment returned 335% over 7 years.

Source - CCAR MLS statistics

If you are still not buying real estate I suggest you give me a call and talk about the opportunities.

Great Home w/easy Commute to Penn State

03-05-09
Tim Rogers

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This maybe "THE PERFECT HOME". Lovely setting on just under 1/2 acre w/mature landscape. Simply bring the family since all the work is done. New windows Sept 08, new bath & kitchen floors Jan. 09. Central air, detached 2 car insulated garage. The home is wired for an auxiliary generator. 1 Mile to elementary school and easy commute to Penn State.

Don't miss your opportunity to buy this beautiful home in the Bald Eagel School District.

Active Rain leads to National Public Radio Appearance

03-05-09
Tim Rogers

For the second time in six weeks I've been interviewed and featured on National Public Radio. They found me the first time via a Localism post on Active Rain and last week they called again and aired another segment with me about market conditions and the health of the real estate economy.

Thanks Active Rain and keep blogging everyone.

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JUST SOLD IN FOXPOINTE!

03-03-09
Tim Rogers

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Top Gun Tim Rogers of Keller Williams Realty just sold this beautiful home in Foxpointe. The home is new construction built by S & A Homes and had numerous upgrades and a relaxing, private master suite.

This well-appointed home sold with builder upgrades and credits for $331,508. There is a steady demand for homes in this subdivion and the builder is currently out of inventory in this area. More to come in the Spring of '09.

For more information on the Foxpointe subdivision or new construction homes built by S & A Homes or any local builder,

Listen to TOP GUN TIM every Saturday morning on 970 AM WBLF. Call the Coaches Corner hotline with real estate questions at 814-272-9700.