Facebook
X
Pinterest
Copy Link
Home Maintenance Checklist for Late Winter
Protect Your Home from Winter’s Last Blast & Prep for a Fresh Spring
As winter winds down, it’s tempting to start dreaming about spring flowers and warmer days. But before you pack away the heavy coats, your home needs a little attention to make sure it weathers the transition from freezing temperatures to spring rains. Late winter is the perfect time to check for damage from ice, snow, and freezing temperatures—while also getting a head start on spring cleaning and maintenance.
Here’s a practical late-winter home maintenance checklist to keep your home in top shape!
1. Inspect Your Roof and Gutters
🔹 Why? Heavy snow, ice buildup, and wind can cause wear and tear on your roof and gutters.
🔹 What to do:
- Check for missing or damaged shingles that could lead to leaks.
- Look for ice dams or debris in gutters—clean them out before spring rains arrive.
- Ensure downspouts are directing water away from your foundation to prevent flooding.
2. Check for Ice Damage Around Your Home
🔹 Why? Repeated freezing and thawing can create cracks and weaken surfaces.
🔹 What to do:
- Walk around your home’s foundation, driveway, and walkways to check for cracks.
- Seal any gaps to prevent further damage from spring moisture.
- Inspect outdoor faucets and pipes for freeze damage before turning them on in warmer weather.
3. Test Your Heating & Prepare for Cooling
🔹 Why? Your HVAC has been working hard all winter—make sure it’s still running efficiently before spring arrives.
🔹 What to do:
- Replace or clean HVAC filters for better air quality and efficiency.
- Schedule a professional inspection to ensure your system is running smoothly.
- If you have central air, test your A/C now to catch any issues before the first heatwave.
4. Examine Windows and Doors for Drafts
🔹 Why? Gaps and cracks let cold air in during winter and can drive up cooling costs in the summer.
🔹 What to do:
- Check for drafts and seal any leaks with weather stripping or caulk.
- Look for condensation between window panes, which could indicate a broken seal.
- Give your windows a good cleaning to let in more natural light as days get longer.
5. Inspect Your Attic & Basement for Moisture Issues
🔹 Why? Snowmelt and fluctuating temperatures can cause leaks and mold growth.
🔹 What to do:
- Check for damp spots, mold, or musty odors in the basement and attic.
- Ensure insulation is still intact and hasn’t been disturbed by pests.
- Consider a dehumidifier if you notice excessive moisture buildup.
6. Get a Head Start on Spring Lawn & Garden Prep
🔹 Why? A little early maintenance now means a lush, healthy lawn when spring fully arrives.
🔹 What to do:
- Rake up leftover leaves and debris to prevent mold and pests.
- Trim back any branches that could break in late winter storms.
- Start planning your garden—order seeds and prep flower beds before the rush!
7. Test Smoke & Carbon Monoxide Detectors
🔹 Why? With furnaces running and fireplaces in use, winter is a high-risk time for carbon monoxide exposure.
🔹 What to do:
- Replace batteries in smoke and carbon monoxide detectors.
- Test alarms to ensure they’re functioning properly.
- Consider upgrading to smart detectors for added safety and peace of mind.
8. Deep Clean & Declutter Your Home
🔹 Why? Spring cleaning starts early! Decluttering now means less work later.
🔹 What to do:
- Tackle one room at a time—sort, donate, or store winter gear.
- Wipe down baseboards, light fixtures, and ceiling fans.
- Freshen up your home with a deep clean—vacuum under furniture, wash curtains, and clean carpets.
A Little Effort Now Saves You Trouble Later!
Late winter is an in-between season—too early for full-blown spring projects but a great time to tackle essential maintenance. A little effort now can prevent costly repairs and set your home up for a smooth seasonal transition.
By following this checklist, you’ll protect your home from lingering winter damage, keep things running efficiently, and be ready to welcome spring with open arms.
Looking to buy or sell this spring? Coldwell Banker Hearthside is here to help! Contact us for expert advice and real estate services to make your next move seamless.
Groundhog Day and the Real Estate Market
What Groundhog Day Means for Buyers and Sellers
Every February, Punxsutawney Phil’s weather prediction sparks a flurry of excitement—or perhaps a little dread—as millions of people eagerly await his annual forecast. Will we face six more weeks of winter, or is spring just around the corner? While the groundhog’s prediction is a fun tradition, it also brings to light an important point: the weather can have a significant impact on the real estate market. Whether you’re buying or selling, the length of winter can influence your strategy—so let’s explore what Phil’s prediction might mean for you!
How Groundhog Day Impacts Buyer Behavior
If Phil Predicts a Longer Winter
If we’re in for six more weeks of chilly weather, many buyers may decide to hold off on making a move. This could lead to a slower market in the short term, which benefits buyers who are ready to act now. With fewer buyers braving the cold, there’s less competition, giving those who are prepared the opportunity to secure the home they want without the stress of bidding wars.
If Spring Arrives Early
On the other hand, if Phil predicts an early spring, you might see an influx of buyers as people start to venture out and shop for homes. This can lead to more competition, particularly for well-priced, in-demand properties. For buyers, it means moving quickly and being well-prepared with pre-approval letters to make sure you’re able to act fast when you find the perfect home.
Effects on Sellers
Longer Winter Prediction
If the forecast calls for extra cold months, sellers may need to make a few extra efforts to stand out. Winter weather can be dreary, but by focusing on staging and curb appeal, you can make your home feel inviting, no matter the weather outside. A warm, well-lit space with cozy elements like throws, candles, and a welcoming front entrance can make a lasting impression on potential buyers.
Early Spring
If spring arrives early, sellers can take advantage of a more active market. Listing your home sooner can attract eager buyers who are ready to move and enjoy the warmer months ahead. More buyers may lead to quicker sales and potentially higher offers, making it a great time to get your home on the market early.
Market Trends to Watch Regardless of the Weather
While the weather may shift the pace of the market, there are some key trends that stay consistent no matter the season. Winter can be an excellent time for buyers to negotiate, as motivated sellers may be more willing to make a deal. Sellers may be more flexible with pricing and terms, especially if they are eager to close before spring.
As seasons change, so do buyer preferences. In winter, homebuyers may focus on cozy spaces, looking for homes with features like fireplaces, good insulation, and efficient heating. Come spring, buyers start to prioritize outdoor spaces, so properties with well-maintained gardens, patios, and room for outdoor entertaining tend to see more attention.
Wrap-Up
While Punxsutawney Phil’s prediction may be whimsical, it’s a reminder that the changing seasons influence more than just the weather—they can impact the real estate market as well. Whether we face a long winter or an early spring, buyers and sellers alike can make the most of the season by staying informed and prepared.
No matter what Phil predicts on Groundhog Day, if you’re thinking of buying or selling this season, Coldwell Banker Hearthside is here to guide you every step of the way. Reach out today to get expert advice tailored to your needs, and start your journey with confidence!
Visit out LinkTree to find important links!
Neighborhood Spotlight: Worcester, PA
What to do; where to dine and shop; and what you don’t want to miss
Worcester is located in Montgomery County, Pennsylvania, and is part of Worcester Township, along with Bethel Hill, Fairview Village, Center Point, Heebnerville, Providence Square, and Cedars. The Township was named after Worcester, England, and was founded in 1733. It has a population of approximately 10,000 people and includes two buildings on the National Register of Historic Places: the Anthony Morris House and the Peter Wentz Homestead.
The Vibe
Worcester’s overall vibe is a pleasant blend of small-town charm and modern life. Its suburban feel leans more toward rural than big city, providing an excellent way to enjoy modern amenities while relishing a peaceful atmosphere.
Where to Eat and Drink
Add these eateries to your list so you know where to go when you’re feeling hungry in Worcester, PA.
Nico’s Pizza — This local family-owned pizzeria serves gourmet pizzas and authentic Italian fare. It also has sandwiches, salads, and seafood dishes. Nico’s offers catering services for weddings and other special events.
Mario’s Restaurant and Pizzeria — You’ll find this casual gem in the Worcester Golf Club. Sit outside to enjoy your meal as you take in the golf course sights. The pizzeria is family-operated and serves a varied selection of dishes at reasonable prices.
The Farmhouse Restaurant — Only a few minutes away from the Worcester Golf Club is the Skippack Golf Club, which is home to a historic farmhouse in Evansburg State Park. After a renovation, the farmhouse became a lovely restaurant that features incredible food, special events, and live music.
Where to Shop
Whether you’re shopping for someone else or yourself, you’ll find several opportunities to find something special in Worcester.
Worcester Beverage Company — Pick up some refreshing beverages for your next party, game night, or dinner date. Worcester Beverage Company carries a wide selection of beer, wine, microbrews, wine coolers, and much more.
Fabulous Folks — This charming shop is housed in a barn and offers a diverse assortment of treasures. Find a quaint gift or something for yourself as you search through the home decor, candles, and other accessories. The shop also showcases work by local artists.
Center Point Pond — This store is aptly named since it’s located next to a pond. The pond was dug in the 1950s and served as a favorite hangout spot. The family-owned shop focuses on helping people get everything they need to create the perfect pond, including sharing the knowledge and experience of its staff. Children love to learn how to fish when they visit, and adults appreciate the friendly, helpful service as they learn all about water gardening.
Three Things You Shouldn’t Miss
Round out your itinerary with these three attractions to make the most of your visit to Worcester, Pennsylvania.
Worcester Golf Club — Visit the Worcester Golf Club to polish up your game or relax over lunch at Mario’s Pizzeria while you watch others play. The club features an impressive 9-hole course and also offers lessons to golfers of all skill levels.
Merrymead Farm — Merrymead Farm is in nearby Lansdale and is a great way to spend the day with friends or family. There’s a bakery with tasty sweet treats, ice cream, and other surprises. Enjoy encounters with friendly farm animals or check out special events. The farm hosts exciting Christmas festivities, including a train ride and a visit with Mr. and Mrs. Claus.
Peter Wentz Farmstead — The Peter Wentz Farmstead is one of the Worcester locations listed on the National Register of Historic Places. It was built in the 18th century and provides educational tours and programs to people of all ages. The farmstead also hosts events throughout the year, many of which simulate activities and customs from the past.
Check out more of what’s happening in Worcester Township and see what it has to offer. Enjoy your visit!
For more Neighborhood Spotlights, click here: https://cbhre.com/category/neighborhoodspotlight
Interested in other blogs? Check this out: https://cbhre.com/blog
Neighborhood Spotlight: Sellersville, PA
What to do; Where to dine and shop; & What you don’t want to miss
Sellersville was founded in Bucks County in the early part of the 18th century. At first, it was known for its large inn and the town was called Sellers Tavern. The area started to grow with the introduction of the North Pennsylvania Railroad in the 1860s and developed into Sellersville.
The Vibe
The overall vibe of Sellersville is suburban with a small-town ambiance and strong sense of community. It’s mostly residential with a Main Street that boasts several shops and attractions. The local firehouse hosts many events during the year, including a town carnival.
Where to Eat and Drink
Sellersville features several restaurants that offer great service and tasty meals, so you can always find something to suit your appetite.
- Washington House Hotel and Restaurant — This cozy hotel is a local icon, offering incredible food and charming hospitality. There’s a pretty outdoor seating area if you’re in the mood to dine al fresco or sip on a refreshing mimosa. In the evening, indulge in a delicious dinner before retreating to your room for a relaxing rest.
- Chiaro’s Pizzeria and Restaurant — This pizzeria makes everything from scratch using fresh ingredients. Taste authentic Italian cuisine, dig into a cheesy pizza, or skip the meal and treat yourself to a decadent dessert.
- J.T. Bankers — The name of this restaurant stands for Just Three Bankers because the original three partners worked together at a local bank in Willow Grove. The restaurant aims to serve delicious food with great service in a friendly atmosphere. Affordability is also important, and the eatery offers programs that give guests opportunities to earn free drinks and food.
- A & N Diner — This classic American diner is a favorite of locals searching for a relaxing, casual place to find a tasty breakfast, lunch, or dinner. Come with an appetite, because they serve generous portions.
Where to Shop
See what treasures you can discover exploring these local shops in Sellersville, Pennsylvania.
- The Wax Cauldron — Step into this cute local boutique for hand-poured candles, artwork, wax melts, crystals, home decor, and much more. Learn about aromatherapy and how it can benefit your life.
- Just One More Plant — This family-owned business focuses on houseplants and anything you would need to help them thrive. Check out pottery, soil and supplies, and a variety of plants to add fresh greenery to your home.
- Pink City Thrift Store and Nursery — 608 S Main St, Sellersville, PA 18960 —100% of the profits from this local thrift shop go to breast cancer research and awareness. Discover fun finds, home accessories, vintage pieces, and plants for sale as you browse.
Three Things You Shouldn’t Miss
Whether visiting the local museum or testing your athletic skills, Sellersville offers a few enticing attractions to enhance your visit.
- Sellersville Theater 1894 — Get ready for a night of entertainment in this historic building next to the Washington House. The 325-seat venue showcases live music, comedy shows and more from local performers. It also features national and international entertainers.
- Sellersville Disc Golf Course — If you’re a fan of disc golf or curious about the game, this local park features a course complete with elevation, water, and other interesting features. There are 18 holes, ranging from under 300 feet to over 400 feet.
- The Sellersville Museum — Learn about the local history of Sellersville with a visit to the town’s museum. Discover stories of the past and enjoy rotating exhibits of all kinds. The museum is free thanks to knowledgeable and dedicated volunteers. The hours can shift depending on when people are there to help, so check before you go.
Get to know more about Sellersville, learn about the area, and discover other ways to enjoy your time in town. Happy exploring!
For more Neighborhood Spotlights, click here: https://cbhre.com/category/neighborhoodspotlight
Interested in other blogs? Check this out: https://cbhre.com/blog
August 2024 Market Statistics
Local Real Estate Market Snapshot
Bucks County
Bucks County has seen a significant increase in inventory, with a 36.5% rise year-over-year, bringing available homes to 980 in August 2024 compared to 718 in 2023. Despite more available homes, sold units dropped by 5.9%, with 603 homes sold. Pending contracts rose by 8.2%, signaling a potential increase in future sales.
Median sold prices increased by 7.9%, now at $510,000. Homes are moving slightly faster with an average of 26 days on market (CDOM) compared to 28 last year, and sellers are getting close to their asking prices, with the list-to-sold price ratio at 96.0%, a slight drop from 97.2% in 2023.
Montgomery County (Montco)
Montgomery County experienced a 27.8% rise in inventory, reaching 1305 homes, alongside a 9.3% increase in sold units (897 homes). Pending contracts also saw a 2.1% uptick, showing a steady flow of buyer activity.
Median sold prices increased by 3.2%, now at $465,000, with homes taking slightly longer to sell at 30 days, up from 28. The sold-to-list price ratio dipped to 94.8% from 97.6%, reflecting slightly less seller leverage.
Chester County
In Chester County, inventory rose by 26.1% to 908 homes, though the number of sold units dropped by 8.1% to 569. Pending contracts decreased by 6.4%, indicating a slight slowdown in future sales.
Median home prices showed a small increase of 0.9% to $535,000. Homes sold in an average of 24 days, slightly faster than the previous year. The sold-to-list price ratio remained unchanged at 98.1%, indicating a stable seller’s market.
Berks County
Berks County reported a 4.8% increase in inventory, reaching 417 homes, with sold units rising by 2.5% to 410 homes. Pending contracts also rose by 3.1%, suggesting steady demand.
Home prices increased by 7.6% to $285,300. The average days on market increased slightly to 24 days, and the sold-to-list price ratio dropped to 98.2%, down from 100.0% last year.
Northeast Philadelphia (NEPHL)
NE Philadelphia saw a 12.4% increase in inventory, with 500 homes available, but a 5.0% decline in sold units to 247 homes. Pending contracts grew by 2.9%, indicating a potential increase in sales soon.
Median sold prices increased by 5.6% to $290,000. Homes are selling faster, with the average days on market dropping to 31 days from 36. The sold-to-list price ratio inched up to 96.6% from 96.4%.
Mercer County
Mercer County was a standout performer, with a 23.5% increase in inventory, reaching 689 homes. However, sold units decreased by 9.4% to 317 homes. Pending contracts showed strong growth, rising by 18.4%, signaling a potential uptick in future sales.
Home prices jumped by 10.0%, reaching a median of $467,000. Homes sold faster, with an average of 29 days on the market, and the sold-to-list price ratio improved to 98.9%, reflecting strong demand.
Greater Lehigh Valley Region (GLVR)
GLVR saw a 12.0% increase in inventory, with 768 homes available, but sold units declined by 9.7%. However, pending contracts rose by 7.9%, suggesting potential growth in sales.
The median sold price increased by 4.2% to $345,000, with homes taking an average of 16 days to sell. The sold-to-list price ratio remains strong at 101.1%, though it has dropped slightly from 102.4% in 2023.
Month-Over-Month Updates for Southern New Jersey Areas
Cape May County, NJ
Cape May County’s market continues to heat up. The median sold price increased significantly by 29.92%, reaching $692,500 in August 2024. Homes sold jumped by 25%, with 30 homes sold compared to the previous month. Inventory also increased by 11.5%, with 97 active listings, giving buyers more options.
Homes are selling faster, with the average days on market (CDOM) dropping by 25% to 24 days. The list-to-sold price ratio improved to 98.4%, up by 1.55%, showing that sellers are receiving offers close to their asking prices.
Ocean County, NJ
In contrast, Ocean County saw a slight cooling. The median sold price dropped by 2.11%, settling at $465,000. The number of homes sold also decreased by 1.9%, with 858 homes sold in August 2024. Active listings experienced a significant decrease of 21.8%, bringing the total to 5,219 homes.
Homes are staying on the market slightly longer, with the average DOM increasing by 4% to 26 days. The list-to-sold price ratio dropped in line with median prices, reflecting a softening market.
Atlantic County, NJ
Atlantic County’s market showed a mix of positive and negative changes. The median sold price surged by 11.03% to $365,300, while the number of homes sold dipped by 1.1% to 271. Inventory increased by 5.6%, with 1,042 active listings.
Homes are taking longer to sell, with the average DOM rising by 13.04% to 26 days. Despite this, the list-to-sold price ratio improved to 99%, up by 0.72%, reflecting continued buyer interest.
Market Summary by Category
Across all these regions, there are a few key trends to note:
- Inventory: Inventory levels have generally increased in most areas, providing more options for buyers. The exception is Ocean County, where a significant drop in active listings was observed.
- Sold Units: Year-over-year trends showed declines in sold units across many regions, though some areas like Cape May and Montco posted monthly or annual increases.
- Median Sold Pricing: Price growth was a common theme across most markets, with the highest increase in Cape May County. Ocean County was the only exception, with a slight drop in median pricing.
- Days on Market: In most areas, homes are moving quickly, with some regions like Cape May and Mercer showing reduced DOM. Ocean and Atlantic Counties saw slight increases in selling times.
- List-to-Sold Price Ratio: While many regions reported slight declines in sold-to-list price ratios, several areas like Cape May, Atlantic County, and Mercer saw improvements, indicating continued demand.
These insights offer a comprehensive look at the real estate market across various counties in Pennsylvania and New Jersey as of August 2024, helping both buyers and sellers navigate a complex and shifting landscape.
Compare to last month’s market, HERE!
Homeownership: Maintenance
Budgeting for Home Maintenance
Owning a home is a major goal for many people. However, if you’re brand-new to the world of real estate, costs can run away from you if you’re not careful. For example, one area that seems to blindside even the most well-prepared first-time homeowners is home maintenance.
Eager house hunters focus primarily on the initial costs of homeownership, such as the purchase price, down payment, and closing costs. Informed buyers also consider property taxes, insurance, and the likelihood of higher utilities. However, planning for home maintenance and repair costs remains an enigma that ultimately jeopardizes many buyers’ financial health.
How Much Does It Cost to Maintain a Home?
According to the National Association of Home Builders, the average annual home maintenance cost is $950. However, the costs to maintain a home vary from house to house depending on the age of the home, its condition, location, and special features. In general, older homes require more maintenance.
Plus, if you have a specific issue one year, like a busted pipe or shifting foundation, you’ll pay a lot more. Therefore, it’s possible to spend anywhere from $1,000 to over $30,000 on home maintenance in any given year.
With such a broad range, how are you supposed to predict your yearly spending and know what to save? Knowing the average costs to replace various items is an essential first step.
The Average Cost of Common House Repairs
Here are some approximate replacement and repair costs for common household maintenance tasks and repairs.
- HVAC cleaning and service check — $150 to $700 (for two services a year)
- Appliance repair — Between $100 and $400 (When repairing an appliance, a good rule of thumb is to only do so if the cost is less than half of what it would be to replace the item.)
- General landscaping upkeep and lawn care — $120 to $300 a month
- Pool maintenance — $75 to $200 a month
- Roof replacement — $6,000 to $16,000 or more (hopefully not sooner than 20 years, depending on the roof type)
- Replacing a window — approximately $450 to $1,000
- Pest Control — $400 to $1,000 yearly
- Plumbing and electrical repairs — $100 to $200 per hour plus supplies
- New water heater — $600 to $3,500
- New gutters — $800 to $2,500
- New siding — $10,000 to $30,000+ (on an average 2,500 square-foot house)
A quick Google search or scoping out a site like Angi can give you an idea of what to expect for your upcoming home repair. It’s always wise to get a few estimates from highly recommended professionals to weigh your options before making a decision.
Budgeting for Home Maintenance
Knowing what things will most likely cost is only one part of the equation when it comes to home maintenance. You also need to budget for the inevitable repairs so you don’t end up in financial hot water. However, unless you have a crystal ball, how are you supposed to know what and when to budget?
The best approach is to expect that your home will need some kind of repair every year. Plus, there are always regular maintenance projects to address, like HVAC services and lawn care.
The typical suggestion is to budget approximately 1% to 4% of your home’s value per year on maintenance costs. If your home is older, save closer to the 4% range, and if it’s newer, aim for a minimum of one percent.
You also need to consider the age of certain systems, like your electrical, plumbing, and HVAC. For example, if the average cost to replace your roof is $10,000, and it’s near the end of its 20-year lifespan, you may want to set aside more for a couple of years.
Here’s how the percentage rule breaks down in some examples:
- You get a large, new home with a pool that’s worth $350,000. Set aside a minimum of $5,250 a year or $438 a month. (1.5%)
- You buy a 50-year-old home in good condition and worth $350,000. The home is well-maintained. Aim to save $8,750 a year or $730 a month. (2.5%)
- A house comes on the market for $350,000, but it’s 70 years old and already needs a few necessary repairs. You buy it and decide to budget wisely for maintenance and ongoing repairs. Save $14,000 a year or $1,167 monthly. (4%)
- You buy a small, new home for $200,000. Save $2,000 annually or $167 a month.
Again, every home is different, so consider your home’s unique features, age, condition, and your DIY skills. For example, if you’re a licensed electrician or a seasoned handyman, you may be able to cover several issues yourself. Also, take into consideration your homeowner’s insurance deductible. If you have a high-deductible plan, you may want to save more for home repairs.
Be honest with your assessment so you save an accurate amount for your home maintenance needs. If you’re unsure, start with a minimum of one percent of your home’s value and see how it goes for a year or two.
Having a Home Maintenance Savings Plan
Once you know what you need to set aside each year for home maintenance, divide it by 12 to get your monthly amount. Open a high-yield savings account and automatically deposit that amount each month.
If a year goes by, and you don’t use any of the money, great! That doesn’t mean you get to head to the casino or take a cruise. It means you have a nice cushion building up for when your water heater busts or a rogue tree limb rips off the gutters.
Check out more ‘Buying’ Blogs, visit: https://cbhre.com/category/buying
For more home ‘Tips & Tricks,’ visit: https://cbhre.com/category/tipstricks
Preparing Your Landscape for Fall
End of Summer Yard Clean-Up
As we step into September, the first hints of autumn start to appear. While the full blaze of fall colors is still a few weeks away, now is the perfect time to get a head start on your yard clean-up. Tackling these early tasks will set the stage for a beautiful and healthy landscape throughout the season. Here’s how to make the most of this first week of September.
1. Inspect Your Trees and Shrubs
Before the leaves begin to fall, take some time to inspect your trees and shrubs. Look for any signs of disease, damage, or overgrowth that might need attention. Pruning dead or damaged branches now will help prevent problems during the harsher winter months. Additionally, trimming back any overgrown shrubs will encourage healthy growth and maintain a tidy appearance.
2. Start Clearing Out Garden Beds
As summer flowers begin to fade, it’s a good idea to start clearing out your garden beds. Remove spent annuals and cut back perennials that have finished blooming. This will help prevent diseases and pests from overwintering in your garden. If you have any early-falling leaves, begin raking them up to keep your beds tidy and allow your fall plants to shine.
3. Feed Your Lawn
Early September is an ideal time to give your lawn a boost with a fall fertilizer. Cooler temperatures allow grass to absorb nutrients more effectively, helping to strengthen roots and prepare for the winter months. A well-fed lawn now will be better equipped to bounce back in the spring.
4. Plant Fall Flowers and Bulbs
If you want a burst of color in your yard this autumn, now is the time to plant fall flowers like mums and pansies. September is also a great time to plant spring-blooming bulbs, such as tulips and daffodils. By getting them in the ground early, you’ll ensure they establish strong roots before the winter frost.
5. Start Composting
With leaves and garden debris starting to accumulate, consider starting a compost pile. Composting is an eco-friendly way to recycle yard waste and create nutrient-rich soil for your garden. Starting your compost now means you’ll have a good supply ready for next spring’s planting.
6. Check Your Gutters and Downspouts
While it’s not a task everyone loves, checking your gutters and downspouts in early September can save you headaches later. Clear out any debris that may have accumulated over the summer, and ensure your downspouts are directing water away from your foundation. This will help prevent water damage as fall rains begin.
Ready For Fall!
By tackling these tasks in the first week of September, you’ll not only keep your yard looking its best, but you’ll also lay the groundwork for a healthy and vibrant landscape come spring. Happy gardening!
Visit HERE for more Home Tips & Tricks!
Click HERE to view the rest of our blogs!
July 2024 Market Statistics
July 2024 Real Estate Market Update: Trends Across Pennsylvania and New Jersey
As we step into the second half of 2024, the real estate markets across several counties in Pennsylvania and New Jersey present a mixed bag of trends. From rising median prices to fluctuating inventory levels, here’s a detailed look at the performance across these regions for July 2024.
Berks County, PA
Berks County saw a modest increase in its median sold price, which climbed to $286,000, marking a 2.14% rise month-over-month (mo/mo). A total of 361 homes were sold, reflecting a 2.8% increase from the previous month. The number of active listings also grew, with 390 properties on the market, a 4% rise. Notably, homes in Berks County continue to sell quickly, with a median of just 7 days on the market. The list-to-sold price ratio is robust at 101.8%, up 0.2% mo/mo, indicating a strong seller’s market.
Bucks County, PA
Bucks County experienced a notable drop in its median sold price, which fell by 4.76% to $500,000. Despite this, the market remained active, with 599 homes sold—a significant 16.8% increase mo/mo. Active listings, however, declined by 12.5%, leaving 678 homes available. The median days in RPR increased to 12, a 33.33% jump. Sellers are still seeing high returns, with a list-to-sold price ratio of 103%, up 1.09% mo/mo.
Chester County, PA
In Chester County, the market showed signs of cooling off. The median sold price decreased by 5.13% to $540,767, and the number of homes sold dropped by 10.9% to 540. Active listings fell by 9.2%, leaving 603 homes on the market. Despite these declines, homes are moving quickly, with a median of just 6 days on the market. The list-to-sold price ratio remains strong at 103.3%.
Lehigh Valley, PA
Lehigh Valley’s real estate market also saw a decline in July. The median sold price dropped by 5.56% to $340,000, with 337 homes sold, down 6.6% from the previous month. Active listings increased by 16.4%, bringing the total to 490. Homes spent a median of 8 days on the market, and the list-to-sold price ratio slightly decreased to 101.8%, down 0.66%.
Mercer County, NJ
Mercer County faced a significant decline in its median sold price, plummeting by 27.06% to $155,000. However, the number of homes sold increased by 25% to 5. Active listings dropped by 14.8% to 23. The median days in RPR also fell sharply by 46.15%, now at 35 days. Despite the price drop, the list-to-sold price ratio surged by 8.22%, reaching 101.3%.
Montgomery County, PA
Montgomery County remained relatively stable, with a median sold price of $259,000. The number of homes sold jumped significantly by 150% to 5, while active listings stayed at 3. Homes sold quickly with a median of 5 days on the market, though the list-to-sold price ratio was 96.3%.
Philadelphia, PA
In Philadelphia, the median sold price slightly decreased by 1.65% to $280,000. The number of homes sold also saw a small decline of 1.5%, with 1,213 transactions. Active listings grew by 4.4% to 3,961. The median days in RPR stood at 25, and the list-to-sold price ratio increased by 4.23% to 102.6%, suggesting competitive bidding.
Atlantic County, NJ
Atlantic County experienced a strong increase in its median sold price, which rose by 17% to $234,000. However, the number of homes sold dropped by 40% to 21. Active listings rose by 15% to 238, while the median days in RPR decreased by 12.2% to 36 days. The list-to-sold price ratio also improved, up 4.34% to 97.1%.
Ocean County, NJ
Ocean County’s market showed positive trends, with the median sold price increasing by 3.26% to $475,000. The number of homes sold went up by 6.5% to 847, while active listings fell by 7.2% to 2,202. The median days in RPR increased by 23.81% to 26 days. The list-to-sold price ratio slightly decreased by 0.07% to 99.9%.
Cape May, NJ
Cape May saw a significant drop in its median sold price, which fell by 22.15% to $541,000. The number of homes sold also declined by 12.5% to 21. Active listings decreased by 8.8% to 83, and the median days in RPR increased by 20% to 36 days. The list-to-sold price ratio fell by 1.76% to 96.7%.
Greater Lehigh Valley REALTORS® (GLVR)
The GLVR market showed growth with a 6.9% increase in the median sold price, reaching $348,500. Homes sold went up by 9.7% to 600, and active listings surged by 19.3% to 802. The average days on the market rose by 20% to 18 days. The list-to-sold price ratio slightly decreased by 0.2% to 102%.
These figures highlight the dynamic nature of the real estate markets in Pennsylvania and New Jersey. While some areas are seeing price drops and slower sales, others continue to experience robust demand and quick turnovers. Keeping an eye on these trends will be crucial for both buyers and sellers in navigating the market as we progress through 2024.
Neighborhood Spotlight: New Britain, PA
New Britain is a borough in Bucks County, Pennsylvania. In the middle of the 1700s, it was known as Bittings Store or Bittings Corner. The majority of the villagers belonged to the Montgomery Baptist Church, but by 1740, they broke away and formed their own church, the Society Meeting House. In 1813, they changed the name to the New Britain Baptist Church. In 1928, New Britain was incorporated as a borough and is home to approximately 3,200 people today.
The Vibe
The overall vibe of New Britain is that of a small town with a strong sense of community and fellowship. There’s a robust history in the area, evident in many of the buildings, and the area retains a charming rural ambiance.
Where to Eat and Drink
Check out these restaurants in New Britain when you’re ready to grab a bite to eat.
New Britain Inn — This local inn is a favorite for its endless crab legs and specialty burgers. They offer over 22 beers on tap and nightly specials so you can kick back and enjoy time with friends even when you’re on a budget.
Sakana Sushi — Sakana Sushi serves authentic Asian cuisine and popular picks like California rolls and fried rice. Check out their lunch specials or indulge in a delicious dinner with someone special. Don’t forget to BYOB.
Nico’s Pizza — Pizza is always a good idea, especially at Nico’s. They use fresh ingredients and offer a wide selection of sauces and toppings. Try one of their specials or create your own perfect pizza.
Los Sarapes — If you’re craving Mexican food, hop over to nearby Chalfont where you’ll find Los Sarapes. This tequila bar and restaurant serves delectable Mexican cuisine inspired by dishes from Mexico City and its surrounding areas.
Where to Shop
Stop by these New Britain stores to find a fun souvenir or tasty snack. Browse through interesting treasures and enjoy passing the time as you explore delightful local shops.
Philly Pretzel Factory — In the mood for a snack? Try some salty, doughy, and delicious pretzels made with top-quality ingredients and baked fresh daily. The Philly Pretzel Factory offers twists, mini pretzels, assorted dips, and drinks,
Painted Shutter Antiques — For over 20 years, this family-owned antique stop has been the place to go when you’re exploring for a unique treasure. The shop showcases an eclectic mix of goods, from vintage furniture and accessories to one-of-a-kind items.
Sports Connection — Find sports clothing, sneakers, cards, and more at Sports Connection. They also offer gently-used items if you’re shopping on a budget.
A & J Picture Framing — This local frame shop provides top-notch framing services and friendly expertise. Bring in your artwork or photographs to turn them into beautifully framed masterpieces. The shop also displays original artwork that is available for purchase.
Three Things You Shouldn’t Miss
Add these local attractions to your New Britain itinerary to round out your experience.
Wilma Quinlan Nature Preserve — This gorgeous nature preserve spans over 26 acres of landscape along the Neshaminy Creek. Take a stroll through the grounds and enjoy an assortment of art galleries, covered bridges, and wildlife.
Orchard Park — This pleasant park is 5.5 acres and includes an orchard, a community garden, and a mix of wetlands and woods. Check out local wildlife, stroll through the garden, and enjoy a slower-paced way to experience nature.
Copart — This is a stop for all gearheads and car lovers. Discover what deals you can snag at the auto auction or check out the inventory to see what’s on sale.
Get to know more about New Britain and discover all the ways to make the most of your visit. Happy exploring!
For more Neighborhood Spotlights, click here: https://cbhre.com/category/neighborhoodspotlight
Interested in other blogs? Check this out: https://cbhre.com/blog
Tips for First-Time Homeowners
If you’re buying your first place, it’s easy to get swept up in the excitement of being a first-time homeowner. However, owning a home comes with a whole new set of possibilities you need to prepare for so you don’t get caught off guard. Here are 7 tips to help you navigate through the sometimes murky waters of home ownership.
1. Learn a Few Basic DIY Skills
An inevitable part of owning a home is that things break and proper maintenance is critical. If you don’t plan to do anything yourself, costs add up quickly for even minor repairs. Therefore, unless you have an unlimited budget, it’s worth learning a few basic DIY skills.
Focus on simple things like changing switchplates, replacing doorknobs, spackling holes, and tackling soft clogs. These are easy projects that can save you time and money if you can do them yourself. Make sure you have a basic set of tools on hand, too — a cordless drill, screwdriver, hammer, bucket, stepstool, and ladder are some essentials.
On the flip side, know your ability level, and don’t try and take on big projects you can’t handle. When you bite off more than you can chew, you ultimately end up wasting more money and time.
2. Organize All Your House Papers In One Place
When your washing machine breaks, the last thing you want to do is waste time searching for the warranty information. If you have to file a claim with your insurance, spending hours trying to find your coverage information adds to the frustration.
Keep all of your house-related papers in one place, whether it’s a file box, accordion file, or a designated folder. Likewise, keep all digital house files in one virtual location. Since these papers include information you’ll need in case of various emergencies, keep them in a waterproof container.
If you live in an area that sometimes requires you to evacuate (for example, for a hurricane or earthquake), a single place for all your papers eases stress. You simply grab the one file box, or however you store your papers, and you know you have everything you need.
3. Turn Off Your Water Before You Go On Vacation
Safeguard your home and your mental well-being by shutting off your home’s main water supply before you go on vacation. Imagine returning from a two-week, relaxing getaway to discover your home flooded because of a busted pipe.
If the water is shut off and something happens while you’re away, you won’t return to a wet living room. As soon as you move into your new house, locate the main shut-off so you know where it is in case of emergencies.
4. Stock Up on Batteries and Light Bulbs
You don’t realize how important it is to have a backup supply of batteries and bulbs until you’re stuck in the dark at 1 am. Or even worse, the TV remote dies in the middle of your favorite episode
You don’t need bins full of backups. However, keep a few of the types you use regularly so you can replace them when needed.
5. Change the Locks Immediately
It doesn’t matter how much you trust the previous homeowners, you have no way of knowing who has keys to your home. People give a key to their pet sitter, in-laws, friend’s cousin who’s housesitting, etc., and suddenly 20 people now have keys to your house.
Changing all the locks needs to be the first item on your to-do list on your move-in day. If you don’t plan to do it yourself, have a locksmith lined up to do it for you.
6. Start a List of Service Professionals
If you move to a new house in the same area, you can keep your current service professionals, as long as you’re happy with their work. However, if you’re moving farther out, you’ll need a new electrician, plumber, carpenter, HVAC specialist, etc.
Start getting recommendations and creating a list of pros so you have it ready when something happens. You don’t want to waste time trying to find a plumber when your toilet’s out of commission. Also, you don’t want to end up using someone who does shoddy work because you were pressed to find someone in a hurry.
7. Keep Up with Necessary Maintenance
If you’ve never owned a home before, there are some things you likely haven’t had to think about. For example, having an HVAC technician service your system twice a year (once before summer, once before winter).
Change your air filter monthly (or based on the recommended schedule for your filter and unit). Clean out gutters regularly, especially leading up to storm seasons. Find out when your weekly garbage pick-up days are. Remember, when you own, there’s no landlord in charge of maintenance, so the upkeep of your home is up to you.
Becoming a first-time homeowner is an exciting journey, filled with opportunities to create a space that’s truly your own. By embracing these seven practical tips, you can navigate the complexities of homeownership with greater ease and confidence. Learning basic DIY skills will save you time and money, while organizing your house papers ensures you’re prepared for any situation. Turning off your water before vacations, stocking up on essentials like batteries, and changing the locks upon moving in are proactive steps that protect your home. Building a reliable list of service professionals and staying on top of regular maintenance will keep your home in excellent condition for years to come. Remember, the more prepared you are, the more you can enjoy the rewards of homeownership and turn your new house into a true sanctuary.
Now that you have your new home, check out the design content we have for you, here: https://cbhre.com/category/design
As well as home improvement tips and tricks, here: https://cbhre.com/category/homeimprovements
