What Makes Us Better?

In a rapidly changing market, knowledge is the key to success.  Knowledge of current market conditions, combined with an understanding of past conditions provides unique insight into current realities and future trends.  If you want to know what is going on the marketplace, Educated Realty will find the answers.  Research and commitment to professionalism provide the edge you need.  Knowledge of residential resale markets, combined with experience working on forms committees and professional standards committees at the state level make Educated Realty "a wise choice."

How many "Active" properties are there?
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This chart shows the steady increase of residential resale properties available in Bucks County.  In January 2005, there were approximately 1,300 properties "For Sale" in Bucks County; in Janaury 2008, there were approximately 2,700 properties "For Sale."

The numbers are very similar for March.  In March 2005, there were approximately 1,300 properties "For Sale," and in March 2008, there were almost 3,000 properties "For Sale."

We are in a transition period moving toward a buyer's market.  For buyers, this is great news:  there is more inventory!  For sellers, this means properties have to be priced more effectively to attract a serious buyer.

Interest rates remain the wild card that both buyers and sellers must watch.  If interest rates start to rise, the buying power generated by lower prices and more inventory will recede.

Have prices changed in Bucks County?
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Average and median prices grew at a 10%-15% rate between 2002-2005.  The residential resale market in Bucks County had a continued period of spectacular appreciation.

Like all good things, this came to an end.  The median priceof a resale proeprty fell in Bucks county for the perios from 2006-2007.  The fall was not as sharp as the declines noted in national publications, nonetheless, our market slowed in reaction to troubles elsewhere.

Though Bucks County does not have as many issues with predatory sub-prime loans as other markets may have, the fallout from this serious problem in the national marketplace has slowed our rate of appreciation.

Though higher-priced markets benefited from the rise in prices from 2002-05, they suffered more as prices adjusted.  Lower-priced markets still do well in Bucks County, but higher-priced properties must watch their price points carefully to remain competitive in a changing marketplace.