About Delaware County, PA

My name is Brad Burton. If you have a client that is a doctor and they are looking to purchase a primary residence please contact me...They need to know about the Bank of America Doctor Loan. Or, if you are a doctor and you are reading this- please contact me for more details on the Doctor loan program. Depending on the location of the property - the doctor could receive up to 100% financing (and at worst 95% financing) on a loan up to $1,000,000 with NO PMI (mortgage insurance).

It is truly an amazing program. The Doctor Loan is available for medical residents (or medical students within 60 days of beginning their residency) or actively practicing physicians. Please contact me for more details. Not only will your client be in a great program - they will also have their loan with Bank of America, a company they know and can trust. I'm located in PA- however I can process loans in all fifty sates. Again, please contact me with any questions you might have about the Doctor Loan or about any other loan program that Bank of America can offer.

Reginald Rose's classic courtroom drama "Twelve Angry Men" opens this weekend at Colonial Playhouse in Aldan, PA. For those of you not familiar with it, "Twelve Angry Men" tells the story of a jury faced to reconsider its nearly unanimous decision during a murder trial, when one juror begins to try to persuade the other members not to convict based on reasonable doubt. The arguments get heated and the exchanges force all the jurors to confront their own prejudices, in order to render a fair decision.

The play runs on Friday and Saturday evenings at 8 PM, and Sunday afternoons at 2 PM through November 22. The shows stars local Delaware County residents and includes a theatre debut from Pennsylvania Mortgage Broker, Oliver Chamberlain as the guard.

Colonial Playhouse is a community theatre that has been entertaining Delaware County residents for over 68 years. It is located in Aldan at Ridley and Magnolia avenues, one block off of Oak. For more information visit www.colonialtheatre.org or call (610) 622-5773

OK the election is over and this is the last month where we watch politician tell us how bad things are in America. Unfortunately now everyone else's voice is going to be heard on the same subject. Unemployment filings are unprecedented, foreclosures on the rise, banks are tightening lending practices and go figure gas prices have plummeted to under $2.00 in some parts of this area. Nothing seems to be very stable.

So what about the housing market in Delaware County...

• The number of units listed for sale is, are you ready for this down 26% over the number of units listed in September '08. October '08 listings are also down 31% over the number of homes listed in October 2007.
  
• The Average list price is up just about 1.7% over September ‘08 and is up 7.7% over the October '07 average list price.
  
• The Average SOLD price is down another 5.2% over September ‘08 which is the third straight month of decline. The year over year increase in the SOLD price, this year, October ‘08 compared to October ‘07 the SOLD Price is down 7.2%.
  
• The Average Days on Market also increased to 79 days for the third straight month, a 7% increase over last months 75 days on market average. October 08 is up 25.4% over October 2007 days on market average of 59.

Ouch that hurt, Enough said

- DJ

*statistics derived from TrendMLS provider of multiple listing services to the real estate community of Delaware County and many other surrounding counties

Many clients call me and are looking to purchase a good investment property,What is a good investment? It really depends on what you are looking to accomplish with your real estate investment, are you looking for a quick return, are you looking to flip a house are you looking for a positive monthly cash flow, are you looking for a short or long term investment. All of these questions must be answered before you start looking at any investment and that dose not include any of the tax implications. When I look for investment properties for my clients I also will provide a free cash flow analysis and I will suggest they review it with there accountant

As a kid, I remember riding my bike around Havertown with my brother and friends everywhere. We road to every ones houses, we road down to Oakmont to stop by Mapes, we road to Paddock Park to find some cool obstacles to jump...we had a blast. If you didn't have a bike, you walked, because you could actually walk from one side of Havertown to the other safely.

What I didn't realize until much later was that Havertown is unique in that it is set up for easy pedestrian travel. Being an older town, a majority of Haverford Township's neighborhoods connect in a grid like system. Additionally, with few expections, Havertown was developed when cars weren't the main means of transportation and sidewalks where essential to get to public transportation or the local shops.

So what's the big deal? Why are a couple 4ft x 4ft pavers all lined up in a row so important? Beyond allowing the Haverford Township community to simply go for a safe walk through many different neighborhoods, I think it builds community and encourages people to get out of their homes. If you drive around town any day of the week, you'll find people out and about, enjoying the day, walking, running, Mom's and Dad's pushing strollers, kids playing in parks, and neighbors out talking to neighbors.

Its maybe not the first thing you think of when you drive into Havertown, but next time you do, see what you think.