August 2009 Newsletter Here’s What’s Happening in Hearthstone

All of these are 4 bedroom, 2 1/2 bath unless stated otherwise

ACTIVE: 3807 Amberton,CLICK HERE for a VisualTour of this listing.
A GUTNER TEAM LISTING! A Durham, 4 bedroom, 3 full baths, kitchen with stainless appliances, first floor full bath next to study (could be a 5th bedroom), finished basement with bar, JB Myers porch, patio, 2 car garage + single detached garage with electric. Asking $509,900 (Just went under Contract)

4819 Green Heather, A GUTNER TEAM LISTING! A Creamery, 4 bedroom, 2 1/2 bath, wide-width hardwoods, granite, master with sitting room, finished basement, paver patio. Asking $514,900 (Just went under contract- Seller plans changed- Withrawn)

5040 Jennifer, hardwoods, in-ground pool. Just Listed at $499,900.
4870 Green Heather, An Aquetong, partially finished basement, backs to protected space. Asking $450,000 for 53 days.
3815 Amberton, A Creamery, hardwoods, corian, finished basement. Was $504,900 Reduced to $494,900 for 68 days.
3936 Amberton, A Durham, granite, finished basement, patio. Asking $494,995 for 88 days.
5022 Jennifer, A Creamery, finished basement, deck, patio, in-ground pool. Asking $545,900 for 103 days.
4980 W Oakview, An Edison, 5 bedroom, 2 1/2 bath, granite kitchen, hrdwds, finished basement, patio. Was $544,900 Reduced to $519,900 for 132 days.

WITHDRAWN: 4885 Tall Oak, An Edison, 5 bedroom, 2 1/2 bath, granite kitchen, hardwoods. Asking $529,900 for 108 days.
3864 E. Brandon, A Durham III, marble floors, partially finished basement, patio. Was $604,900 Reduced to $534,900 for 669 days

PENDING: 4968 Crosspoint,CLICK HERE for a VisualTour of this listing.
A GUTNER TEAM LISTING! A Durham II, hardwoods thru most of the first floor, new custom tile backsplash in kitchen, stone fireplace, deck. Asking $499,000

5026 Sundance,CLICK HERE for a VisualTour of this listing.
ANOTHER GUTNER TEAM LISTING! An Edison, Gorgeous New Kitchen with Cherry Cabinets and Granite, 2 Car Side Entrance Garage, EP Henry Patio. Asking $499,900

3904 Liz, A Ferndale, hardwoods, EP Henry patio. Was Asking $524,900 Reduced to $440,000 for 481 days.
3962 Amberton, A Durham, hrdwds, covered porch, fin basement. Was $555,000 Reduced to $464,900 for 208 days. Relo Owned!
3907 Liz, An Edison, hardwoods, patio, backs to protected space. Was Asking $525,000 Reduced to $469,000 for 177 days.
4820 Braddock, Durham III, 4 bdrm, 3 1/2 bath, deck backing to protected space, w/o fin bsmt, Was $539,900 Red- $529,900 83 days.
SOLD: 4836 Tall Oak, Creamery, fin. basement, in-ground pool. Was $559,900 Reduced to $499,900 Sold for $487,500 in 137 days.
3825 Daystar, A Creamery, hardwoods, finished basement. Was Asking $568,000 Reduced to $479,900 Sold for $470,000 in 235 days
3696 W Brandon, A Greenbriar, hrdwds, deck, finished basement. Was $599,900 Reduced to $529,000 Sold for $505,000 in 261 days

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August 2009 Newsletter Here’s What’s Happening in Fireside
ACTIVE: 3873 Nanlyn Farms,CLICK HERE for a VisualTour of this listing.
A GUTNER TEAM LISTING! A Bentley, 3 bedroom, 2 1/2 bath, hardwoods, 2 story family room with stone fireplace, cherry cabinets, stainless appliances, nice size deck backing to trees.

Just Listed at $354,900 5110 Sugar Hill, A Mercer, End Unit, 3 bedroom, 2 1/2 bath, deck. Asking $359,900 for 44 days.
PENDING: WITHDRAWN: 5127 Cinnamon, Mercer End Unit, 3 bdrm, 2 1/2 bath, hrdwds, deck. Asking $359,900 for 113 days
5167 Barness, 3 bedroom, 3 1/2 bath, finished basement, 2 car garage. Asking $395,000 for 41 days.

SOLD: 5121 Cinnamon,CLICK HERE for a VisualTour of this listing.
A GUTNER TEAM LISTING! A Mercer End Unit, 3 bedroom, 2 1/2 bath, hardwoods thru the first floor, finished basement w/gas fireplace. Asking $349,900 Sold for $338,000
5071 Beacon Hill,CLICK HERE for a VisualTour of this listing.
ANOTHER GUTNER TEAM LISTING! A Lenape, 3 bedroom 2 1/2 bath, new maple hardwoods, granite kitchen w/stainless appliances, finished basement, EP Henry Patio with pond views. Asking $339,900 Sold for $320,000

5058 Sagewood, Ivyland, 3 bdrm, 2 1/2 bath, finished basement. Was $357,900 Reduced to $344,900 Sold for $320,000 in 49 days.
5164 Barness, 3 bdrm, 2 1/2 bath, End Unit, finished basement. Was $374,900 Reduced to $369,900 Sold for $367,000 in 14 days.
5166 Barness, 3 bedroom, 2 1/2 bath, finished basement. Asking $385,000 Sold for $377,000 in 42 days.
3682 W Long, Kent, 3 bdrm, 2 1/2 bath, patio, finished basement. Was $345,000 Reduced to $327,000 Sold for $309,000 in 126 days
3867 Nanlyn Farms, 3 bdrm, 2 1/2 bath, finished basement w/bar, deck, 2 car garage. Asking $389,900 Sold for $389,000 in 7 days


When we call agents for Feedback we ask them what else their clients are looking at. Firesides Two Best Competitors are The Villages of Buckingham (built by Toll Brothers, off of Route 263 and Sugar Bottom Road) and Summer Hill, (north on Burnt House Hill Road, on the left before Point Pleasant Pike). In The Villages there are 17 “used” homes for sale ranging between $309,900 and $479,900. Remember that these are newer than ours and many of them have hardwoods throughout, granite, stainless appliances, finished basements, etc. Toll Brothers is also still selling new there, and they are really wheeling and dealing!
In Summer Hill there are only 2 homes for sale; one at $329,000 and one at $349,900.
Updating is important, so call us if you need some help or suggestions on what to do before you go on the market~ we’re happy to help!

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August 2009 Newsletter Here’s What’s Happening in Our Neighborhood:

ACTIVE: 4972 Davis Drive,CLICK HERE for a VisualTour of this listing.

A GUTNER TEAM LISTING! Gorgeously Expanded Northampton, 4 Bedroom, 2 1/2 Bath, Hardwoods, Kitchen with Cherry Cabinets, Granite and Greenhouse Addition, Master Bedroom with Sitting Room. Large Deck Backing to Protected Space and Walk-Up Basement. Asking $499,000
4903 Mead, A Belmont, 4 bedroom, 2 1/2 bath, hardwoods, granite, finished basement, deck, patio. Was Originally Asking $579,000 Reduced to $549,500 for 184 days. Re-listed at $537,900 Reduced to $519,000 for 73 days.
4284 Michener, A Cornell, 4 bedroom, 2 1/2 baths, hardwoods, granite. Was $545,000 Reduced to $518,500 for 146 days.
5076 Grundy, An Expanded Cornell, 4 bdrm, 2 1/2 bath, hardwoods, granite. Was $637,500 Reduced to $619,900 for 244 days.
WITHDRAWN: 5060 Grundy, A Cornell, 4 bdrm, 2 1/2 bath, hardwoods, granite, patio, pool. Asking $637,500 for 86 days
PENDING: 5001 Mead, A Haverford, 4 bedroom 2 full and 2 half baths, hardwoods, granite, finished basement with powder room, trex deck. Asking $539,000 for 18 days.
5000 Grundy, A Glenfield, 5 bdrm, 3 full bath, conservatory, hardwoods, soap stone counters, deck. $669,500 Reduced to $599,900 for 410 days.
5025 Davis, An Eaton, 4 bedrooms, 2 1/2 baths, granite, 4 season sunroom, new master bath, deck w/retractable awning, finished basement. Asking $535,000. RELO OWNED—THEY MUST SELL!
SOLD: 4940 Redfield,CLICK HERE for a VisualTour of this listing.

ANOTHER GUTNER TEAM LISTING! A Northampton, 4 bedrooms, 2 1/2 baths, granite and cherry, fin bsmt w/wet bar, patio. Was $509,900 Sold for $460,000 Virtual Tour at www.gutner.com.
4339 Michener,CLICK HERE for a VisualTour of this listing.

A GUTNER TEAM LISTING! A Belmont, 4 bedroom, 2 1/2 bath, new corian, 3 season sunroom, almost 1/2 an acre w/fenced yard. Was $524,900 Reduced to $499,900 for 540 days. Sold by The Gutner team in 86 days! See the Virtual Tour at www.gutner.com.
4809 Redfield, A Northampton, 4 bdrm, 2 1/2 bath, hardwoods, granite, deck. Was $545,000 Sold for $530,000 in 27 days.
4933 Mead, A Belmont, 2 1/2 bath, hardwoods, upgraded kitchen w/granite, new master bath w/granite, screened porch plus deck, 3 car garage. Was Asking $575,000 Reduced to $520,000 Sold for $504,000 in 152 days.
5008 Grundy, A Haverford, 4 bedroom, 2 1/2 bath, hardwoods, granite, family room w/wet bar. Was Asking $599,750 Reduced to $489,999 Sold for $475,000 in 198 days. RELO OWNED.



WOW! What a difference a couple of years makes! In case you’ve been living under a rock, it’s a Buyers market and the buyers simply aren’t buying. In Buckingham Township in homes priced between $550,000 and $650,000, there are 29 homes for sale, Over the past year the average in this price range is 2 sales per month, which means that there is an 8 month accumulation of properties between $550 and $650 on the market. That means that if nothing new came on the market, it would take 8 months to get rid of the current inventory.
In the $600 to $700,000 price range, there are 29 homes to sell, 2 are selling per month and there is a 14 month inventory.
In the $700 to $750,000 price range, there are 22 homes, 1 is selling a month and there is 22 months of inventory on the market.

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Finished Basements: Is your basement permitted? Did you know that Relocation buyers cannot buy a home that does not have a permitted finished basement? Many people think that because they went and filled out a permit and paid the permit fee, their basement is permitted. Unless you had final inspections, this is not the case. Over the past two years, permitting has become harder as some townships now require a separate egress, whether you use the basement as bedroom space or not. Buckingham Township doesn't care when you finished your basement and what proof you have of the date. If it was not previously permitted, even if it was finished 5 years ago, you will have to add an outside egress. Plumstead is a little kinder. With proof of when it was finished they are willing to work with you.
Tell us your story and we'll try to provide answers for you. And a word to the wise . . . if you're about to finish your basement, add a deck or a shed, get a permit or you may have an unsaleable house.