Archive for the ‘Historic’ Category

This Saturday, July 17, is Delaware City Day!

July 16, 2014

Delaware City Day is scheduled for this Saturday July 19.

Delaware City DEFor over thirty years, Delaware City has celebrated Delaware City Day “to honor and celebrate Delaware City’s historic architecture and ‘small town’ America culture”. There will be a parade at 11:00 with food, craft and other vendors, and live bands throughout the day. WSTW will be broadcasting live from 10:00 until noon. There will also be fireworks Saturday night.

Another great chance to get out with the family and enjoy our state.

David Henke
Long & Foster Real Estate, Inc
Wilmington, DE/Devon, PA
Office:302-834-3431/Direct: 610-618-0808

http://www.DelawarePAHomes.com

Wilmington DE March Sunday Museum Bargains

March 6, 2013

Great inexpensive Sunday outings still available in Wilmington DE this March.

Hagley 2013 Dollar DaysJust a reminder that two great local museums continue to offer Sunday bargains. Currently the Hagley Museum and Library is offering Dollar Days on Sundays. Through March 24, admission is only $1 per person. The museum is open from 9:30 to 4:30 each Sunday. Visitors will be able to visit and tour the entire facility including the Steam Engine house, Eleutherian Mills, Machine Shop and the ancestral home. The cafe will feature several $1 items. It is a great way to get out, avoid the seasonal crowds, and see the local sites.

Delaware Art Museum WIlmington DEThe Delaware Art Museum is also offering free Admission on Sundays. Thanks to the continuing support of the Jesse Ball duPont Fund, the admission fee is waived. The Museum is open from noon to 4PM every Sunday. The museum offers a broad range of exhibits, tours, and special events throughout the year and is a great winter break.

As always, be sure to take some time and enjoy more of what the area has to offer.

David Henke
Long & Foster Real Estate Inc – Wilmington, DE/Devon, PA
Office: 302-834-3431/Direct: 610-618-0808
www.DelawarePAHomes.com

Happy Presidents Day 2013

February 18, 2013

Happy Presidents Day

George Washington Valley Forge National Park PA

Beginning in 1879, this holiday was originally Washington’s Birthday and was celebrated on February 22 each year to honor our first President. In the 1970s, the celebration was shifted to the third Monday in February and in the mid 1980s it became more commonly known as Presidents Day. Although intended to be a holiday, today it seems to be more of a commercial event with many stores and businesses remaining open and having special sales.

Regardless of how you may celebrate, be sure to take some time to remember the original purpose and the sacrifices that George Washington and the others in the Revolution made to win our freedom and create this nation.

David Henke
Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE
Office: 610-225-7400/Direct: 610-618-0808
www.DelawarePAHomes.com

2012 Revolutionary War Reenactment – Brandywine Creek State Park Delaware

September 9, 2012

The Revolutionary War Reenactment is taking place next Saturday and Sunday, September 15 and 16, at the Brandywine Creek State Park in Wilmington Delaware. 

Looking for something different to do this weekend? The 2d Virginia Regiment will once again be hosting the Revolutionary War reenactment at Brandywine Creek State Park to commemorate the 235th anniversary of the Philadelphia Campaign. This two day event will replay the local events of the Campaign and provide visitors with the chance to walk among the troops and visit period merchants.

A half dozen Crown Troop Units and over ten Continental Forces Units are already registered representing infantry, artillery, and calvary forces.

Be sure to check out the Philadelphia Campaign website for complete details of the event. Brandywine Creek State Park is located just north of Wilmington at the intersections of Route 100 and Route 92. The site will be open to the public from 9-4 on Saturday and 9-3 on Sunday.

Be sure to take some time off, enjoy the park, learn some history, and enjoy more of what this area has to offer!

David Henke
Long & Foster Real Estate Inc – Bear, DE/Devon, PA
Office: 302-834-3431/Direct: 610-618-0808
www.DelawarePAHomes.com

Glenhardie Condominiums Market Update – Tredyffrin Township Wayne PA

October 31, 2011

The Glenhardie Condos continue to be a prime residential choice for those looking in the King of Prussia / Wayne PA area.

The Glenhardie Condominium complex is a great larger residential condominium community located in Tredyffrin Township Chester County with a Wayne PA address. They are located just north of Swedesford Rd and west of Route 422. This location has immediate access to Route 202, Route 422, and I-76 providing great commuting options throughout the greater Chester County, Montgomery County, Delaware County, and Philadelphia areas. Being just minutes from the King of Prussia Mall, Valley Forge National Park, and much of the Main Line, they offer an endless array of entertainment and dining options.

The Glenhardie Condominiums were originally built between 1968 and 1970. Today, there are 20 buildings with 459 one bedroom and two bedroom units offering a nice range of housing options. Most of the one bedroom units are just over 800 square feet while the two bedroom units start at 100 square feet. There are some larger units and townhouses throughout the complex. The community has been developed in a nice open arrangement preserving the trees, open space, and privacy that are difficult to find today. With an optional membership in the adjacent Glenhardie Country Club, residents have instant access to a golf course, pool, and all the club amenities. The community is part of the Tredyffrin/Easttown School District.

Please be sure to check out the complete area and development history written by some members of  the community by clicking here.

As seen throughout the region, prices have fallen a bit in the last few years but have remained stronger than seen in most locations. Using the 2 bedroom units for comparisons, the pricing and activity peaked between 2005 and 2007 when the yearly units sold ranged from 14 – 18 units per year and the average price peaked at over $180,000. Since then we have seen both a reduction in prices and activity. In 2008 there were 12 sales averaging $175,000, in 2009 12 sales for $171,000, in 2010 5 sales for $167,000, and so far in 2011 4 sales for $152,000. There are also 4 homes currently on the market with an average asking price of $188,000 and 2 properties under contract averaging $199,000 – so it appears the 2011 pricing average will be rising.

With its superior location, easy commuting options, schools, and multiple entertainment options, the community should remain a stable and popular choice in the area for years to come.

David Henke
Long & Foster Real Estate Inc – Devon,PA/Bear, DE
Office: 610-225-7400/Direct: 610-618-0808
www.DelawarePAHomes.com  

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

Newport DE Homes Market Report – Zip Code 19804

July 26, 2011

The Newport DE (Zip Code 19804)  real estate market is following the trends seen throughout the area with both home prices and activity easing.

Newport DEAlthough centered on Newport, zip code 19804 actually encompasses parts of three separate communities with the US Postal Service recognizing Stanton, Newport, and Wilmington as acceptable addresses.  The Zip itself is bounded by the Christina River and White Clay Creek to the south, the old B&O freight railroad line to the north, the City of Wilmington to the east, and includes the Delaware Park Race Track to the west. According to the public records, this area includes over 6200 residential properties.

Stanton DE Area homesNewport has a long history beginning with its first land grant in 1641 and was first developed as a port and trading area beginning in the 1730s. This growth took advantage of both its access to the river and its location as a stage stopover on the Old King’s Highway. Newport saw the creation of one of the first post offices in the United States and later became a terminus of the Newport-Gap Pike. Newport was formally incorporated as a town in 1873.

Banning Park Lake Wilmington DE Zip 19804Over the years, as Wilmington grew and rail lines developed, Newport‘s importance in trading declined and development turned to more commercial and manufacturing growth. Over the years, the area has seen a wide range of industry from tanning and fertilizer to automobile and chemical production. GM manufactured cars in the area from 1947 through 2009 at its Boxwood plant, and Fisker announced plans in 2009 to begin electric automobile production at the same facility.

Today, Newport lies just to the north of the major I-95 interchange connecting with I-495 to the north and I-295 to the Delaware Memorial Bridge and New Jersey. Delaware Park Race Track 19804Route 141 and Route 4 run right through town and it is just moments from the Kirkwood Highway, the Dupont Highway/Route 13 and Route 1 heading toward the beaches. These roads provide immediate access to Wilmington, Newark, New Castle, and north into Pennsylvania toward West Chester or Philadelphia.

The 19804 Zip code encompasses a wide range of housing choices.These include single family homes, twins, rows, and apartments of every age and style. As seen throughout much of the area, both housing prices and sales activity have been declining recently.

Tuxedo Park DE Home

Prices peaked in 2007 when the average home sales price reached $203,000.  Since then, the average prices fell to $187,000 in 2008, $183,000 in 2009, $171,000 in 2010, and to $149,000 so far this year.

Home sales activity in zip code 19804 has followed the same trend. Activity peaked in 2005 and 2006 when sales reached 273 properties each year.  This activity then fell to 243 completed sales in 2007, 185 in 2008, 168 in 2009, 138 in 2010, and 77 this year to date.  These numbers represent a 26% decline from peak prices and 43% decline from peak sales activity. In detail:

Zip Code 19804 Real Estate Activity:
Year:             Homes      |    Avg Price       |
Active:             112                  $175,000
Pending:          
23                    $145,000
Sold 2011:       
77                    $149,000
2010:               138                  $171,000
2009:               168                  $183,000
2008:               185                  $187,000
2007:               243                  $203,000
2006:               273                  $192,000
2005:               273                  $175,000

Zip 19804 HomesWith its ideal central location, Newport and all of Zip Code 19804 should continue to be a prime destination for both home owners and businesses. Combined with its easy access to shopping, entertainment, and all the regional major metropolitan areas, Newport and the surrounding zip should continue to be a popular choice for years to come.

David Henke
Long & Foster Real Estate, Inc
Wilmington DE/Devon PA
Direct:610-618-0808 – Office:302-834-3431
www.DelawarePAHomes.com 

(All statistics per the TrendMLS System and are believed accurate but not guaranteed)

Farm Life at Collen Brook Farm Sunday May 22 from 1-4 in Drexel Hill Upper Darby PA

May 18, 2011

As it gears up for its active summer season, Collen Brook Farm is holding its annual Spring Festival: Farm Life at Collen Brook  this Sunday from 1:00 – 4:00.

Listed on the National Register of Historic Places, the current home including many additions was started in 1710. Collen Brook Farm Upper Darby PAThe farm was founded on 150 acres in 1692 and subsequently grew to over 1000 acres in Delaware County before much of the land was sold off for development in the 1930’s – 1950’s. Inhabited by direct descendants for almost 300 years, Upper Darby Township acquired the home in 1989. It is now opened as a museum by the Upper Darby Historical Society from May through October. The property is a great example of an 18th century farmhouse and retains many of its original features.

On Sunday, Collen Brook Farm will be hosting its annual Spring Festival: Farm Life at Collen Brook Farm. This event will include sheep shearing, wool spinning, and other demonstrations, as well as musical entertainment, refreshments, and, of course, tours of the Historic Mansion and Grounds. eorge Smith Collenbrook Farm Drexel Hill PAThis is an ideal day for children to learn of 18th and 19th century life with games, live animals, and even the opportunity for pictures in period costumes.

The property is situated off Mansion Road at Marvine Avenue in Drexel Hill just south of Township Line Road and west of the Aronimink School on Burmont Rd. This is a great opportunity for the entire family to learn more about our Upper Darby History and enjoy a great afternoon outdoors.

David Henke
Long & Foster Real Estate, Inc  Devon PA/Wilmington DE
Direct:610-618-0808 – Office:610-225-7400
www.DelawarePAHomes.com 

Concord Township PA Homes Update

March 20, 2011

From condos to large single family homes of every age and style, Concord Township covers all your options.

Historically, Concord Township encompasses four villages dating into the 1600s. Still existing today, they were the villages of Concordville, Elam, Markham, and Ward. These were established as key economic or travel hubs in the original colonial development period.

Today, with its great location at the crossroads of Route 202, Route 1, and Route 322, Concord Township offers its residents the best of all worlds.  Situated on these major commuter routes, it has easy access into Wilmington, West Chester, Media, and Philadelphia.  It also affords quick visits to most areas of Chester County, Delaware County, and the Main Line.  If you do not like to travel, however, it also has multiple dining and entertainment options.  Great shopping options within the township include the Shoppes of Brinton Lake and the recently completed Concordville Town Centre.

Garnet Valley Woods Homes Concord PAOver the last ten years, it has also seen quite a bit of new residential development.  This has only added to the options available in the area and continued to make it a more attractive community in which to reside.  In 2010 sales included everything from 2 bedroom condos starting at just over $100,000 to large single family homes topping out over $800,000.

With the new development, pricing appears to have remained relatively stable although there is a bit of variation due to the impact of the new development.  Average township home prices actually peaked in 2005 at $462,000 but for the most part have remained in the high $300,000s.   In 2006 the average price was $366,000, in 2007 $406,000, 2008 $415,000, 2009 $380,000, and 2010 $389,000.  Home sales activity has eased a bit with 209 home sales in 2006, 142 in 2007, 116 in 2008, 133 in 2009, and 116 in 2010.

In 2011 there have been only 13 completed home sales with an average price of $335,000.  There are also currently 101 homes listed on the market with an average asking price of $496,000 with an additional 14 properties under contract with an average asking price of $481,000.

With its long history, key location on major area transportation routes, and wide variety of housing options, home sales and prices should remain solid well into the future.  You should be sure to include Concord in any home search in the area.

David Henke
Long & Foster Real Estate Inc – Newtown Square,PA/Bear, DE
Office: 610-225-7400/Cell: 610-618-0808
www.DelawarePAHomes.com

East Whiteland PA Homes & Real Estate Update

February 8, 2011

East Whiteland Township real estate activity appears to be on the mend.

East Whiteland HomesOriginally part of Whiteland Township which was founded in 1704, East Whiteland was formed on Whiteland Township’s division in 1732 and is located about 20 miles west of Philadelphia in Chester County PA  It has always been an important site historically with its prime location between Lancaster and Philadelphia and it’s proximity close to Valley Forge during the revolution.  Many historic sites still remain including St Peter’s Church, the General Warren Inn, the White Horse Tavern, and Wayne Tavern (soon to be replaced).  General Washington camped (and slept) in the township along Swedesford Rd – the oldest road in the state.

East Whiteland PACovering more than 7000 acres, East Whiteland township today has a rich mixture of residential and commercial activity including several US headquarter locations for both national and international firms  It is easily accessible off Route 202, Lancaster Avenue (Rt 30), Conestoga Rd (Rt 401), and Route 29.  It’s population swells daily from about 9,000 to over 20,000 as commuters arrive for business.  It also continues to be a popular housing choice with a wide variety of housing options available from apartments to large historic homes including everything in between.

PA HomesLike most of the area, it experienced a great rise in real estate activity in the early 2000’s with home sales reaching a peak volume in 2004 with 138 sales while pricing reached a peak in 2007 with an average sales price of $471,000.

Since then the trend for both statistics has been down until recently.  Sales activity fell to 134 sales in 2005, 124 in 2006, 113 in 2007, 85 in 2008, 84 in 2009, and 85 in 2010.  Prices also fell to an average of $426,000 in 2008 and $370,000 in 2009, but the prices recovered a bit in 2010 with an average sales price of $397,000.

East Whiteland TownshipToday, East Whiteland Township has 45 homes currently listed for sale in the township with an average asking price of $516,000.  Nine homes are under contract with an average list price of $409,000.  The average days on the market for the active homes is 189 days, while the pending show only 126 days and the most recent six month sales have averaged 117 days.

With its prime location, strong employment base, great schools, and easy access to all the area’s amenities, East Whiteland housing should remain a popular choice for years to come.

David Henke
Long & Foster Real Estate Inc – Newtown Square,PA/Bear, DE
Office: 610-225-7400/Cell: 610-618-0808
www.DelawarePAHomes.com

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

Delaware County PA Market Update

August 15, 2010

As expected, the market is quickly returning to the mean as the effects of the tax stimulus disappear in our collective rearview mirror.

Since the last update based on the July 3 statistics, we have seen some interesting shifts:

Since July 3, 2010:
–  Total Active properties are up 5%
(from 3,620 to 3,803 homes on the market)
–  Total Pending properties are up 3.1%
(from 620 to 639 homes under contract)
–  Total Sales are up 7.1%
(from 2600 to 3030 homes now sold year-to-date)

If we compare this to the same date Aug 14, 2009, we see:

Since August 14, 2009:
–  Total Active are up 16%
–  Total Pending are down 22.7%
–  Total Sold are up 7.1%
–  Total Combined Pending & Sold are up 0.3%
(vs a combined total of up 7.8% on July 3, 2010)

Bottom Line:

At this point for Delaware County PA, it would appear that the stimulus simply moved sales to earlier in the year without really increasing the market.  Total Sales are now basically in line with the 2009 rate.  With current pendings down 22% from last year, total sales will quickly fall behind the 2009 rate.  In addition, a declining sales rate combined with an increasing inventory points to a buyers’ market and continued price pressure throughout the market.

Next Up:

We still have the traditionally strong sales months of September and October directly in front of us so activity could easily pick up short term which would quickly help to ease any pressure on prices.  With the continuing low interest rates, this remains an incredible opportunity for anyone looking at buying and holding long term.  Prices could still decline short term, but over a multi-year time frame, this could be an historic low combination of prices and interest rates.  We are already seeing strong turnarounds in some pockets across the country.

As always, if you have any questions or comments, please feel free to let me know anytime.

David Henke
Long & Foster Real Estate Inc – Newtown Square,PA/Bear, DE
Office: 610-359-3853/Cell: 610-618-0808
www.DelawareCountyPennsylvaniaHomes.com