Market Conditions in Wayne : Questions & Answers

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Joshua Stein, Real Estate Pro in Montgomery County, PA
Joshua Stein answered:
are there nearby rivers?
Bre2197,

I was just at this property late last week, and I can tell you that it sits on high ground. The lot itself does slope down from the street towards the house.

I'd be happ ... more
0 votes Share Flag Thu Jan 23, 2014 Market Conditions in Wayne
Sarah Forti, Real Estate Pro in 19087
Sarah Forti answered:
It seems that houses on Cabot Drive turnover frequently. For example, 70 Cabot Drive sold in Aug2008, Feb2009, and March2013. Any one know the reason?
I just sold 71 Cabot in May. Those previous Sellers told me they heard the Association voted to not allow renters anymore, that it will now be an owner-occupied only community? They wer ... more
0 votes Share Flag Fri Sep 6, 2013 Market Conditions in Wayne
Linda Walters, Real Estate Pro in Wayne, PA
Linda Walters answered:
I'm concerned about property values plummeting with the rise of interest rates. Might it make sense to rent for a year or so and then buy? I
Interest rates are not the only factor. Our housing market is very stable and has survived much higher rates than what they are predicting over the next few years. You get to deduct t ... more
0 votes Share Flag Wed Apr 28, 2010 Market Conditions in Wayne
Brian Fletch…, Real Estate Pro in Springfield, PA
Brian Fletcher answered:
Why have home prices dropped significantly more in Lower Merion than in Radnor/Wayne during this downturn?
Lower Merion is going to be building two new high schools. Maybe people are just afraid the taxes are going to increase substantially. Just a guess.


Brian Fletcher
Lincoln Realt ... more
0 votes Share Flag Mon Jul 6, 2009 Market Conditions in Wayne
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