| Weekly News Service
Providing the Latest Association and Local Real Estate
Information
The Weekly News
Service is an exclusive benefit available to members of the Suburban
West REALTORS Association. Featuring both Association news and local
real estate industry information, the Weekly News is a service meant
to benefit all members of the organization.
Thank You To Our Students and Instructors
 As we close our 2004-2006 Salesperson/Broker Renewal Period,
we do it with a sense of pride and accomplishment. The Association
of REALTORS School (ARS) offered a total of 120 classes and educated
5,400 students since September. From your excellent remarks and
overall course satisfaction, it confirms our commitment to quality
education and outstanding customer service. It is your support and
loyalty that made our school and this renewal period a success. And
the success of our school is integral to our ability to maintain the
cost of local dues for over 10 years.
On behalf of the entire staff, we thank you for your
outstanding and continued support of ARS and look forward to serving
you in the next cycle. Remember that the Association of REALTORS
School offers classes year-round and will begin a full complement of
Designation and Broker courses beginning in June and appraiser
courses early next year. For more information on upcoming classes,
please log on to www.realtors-school.com.
Local Housing Trends Favorable for 2nd Quarter
 A recently published report from TREND indicates that house
sales should continue at a strong pace in Chester, Delaware and
Montgomery counties over the next three months. Key indicators are
the job situation still being strong in each area and relatively low
mortgage rates. TREND also reports that each area will continue to
be a seller's market.
Nationally, there is evidence of a slowdown in housing sales.
David Lereah, Chief Economist for the National Association of
REALTORS, speaking this week at the NAR Mid-Year Meetings, indicated
that, nationally, housing sales are down 5 to 20 percent in some
markets. Especially hard hit are the markets that had tremendous
growth. Lereah, though, predicts that sales will begin to rebound in
2007 because many economic indicators are solid. Thus, the boom
cities will have a soft landing (not a bubble burst) and non-boom
cities will see sharper home sales growth. For more economic
information from NAR, please click
here.
Easttown to Hold Hearing on Enhanced Zoning Ordinance
The Easttown Board of Supervisors have scheduled a public
meeting for June 5 at 8 p.m. at the township building to hear public
comment on Easttown’s proposed zoning ordinance. The zoning
ordinance project has been described as one of collecting,
coordinating, and codifying many older ordinances and providing
better definitions in some areas, such as the village district and
parking issues. Township districts are not modified, and there are
no changes in the zoning map. (Source: The Suburban and Wayne
Times; 5/18/06)
REALTOR Happy Hour on Wednesday (May 24)
 REALTOR Happy Hour on May 24 in Paoli-- The Suburban West
REALTORS Association is pleased to announce the next Happy Hour for
members of the Association. All members are invited to attend our
Happy Hour on Wednesday, May 24 from 5 p.m. to 7 p.m. at Basil
Bistro in Paoli. Like previous events, it will feature drink
specials, complimentary appetizers and great prize giveaways
courtesy of the Affiliate Member Forum. Most importantly, the Happy
Hour is a great chance to network with colleagues. Click
here for a printable flyer about the event.
The Association would like to thank the following Affiliate
members for donating prizes:
- PA Certified Home Inspectors (Steve Lybrand)
- Nicolas Building Inspections Services (Habib Nicolas)
- Helpful Home Inspectors (Alan Fastman)
- Wells Fargo, Malvern (Michael Rodgers and Dave Barton)
- Washington Mutual Home Loans (Steve Lake)
- US Inspect (Tom Braune)
- HouseMaster Inspections (Joe Hagarty)
Chesco Townships Say Yes to Preserving Farmland
Referendums in four Chester County townships -- East Vincent,
West Vincent, London Grove and Pocopson—voters opted to increase
their taxes for open-space preservation in all four townships that
had it on the ballot in the primary election. Some of the votes were
close, with London Grove’s referendum passing by only 25 votes,
while residents of West Vincent overwhelmingly supported their
referendum. (Source: The Mercury; 5/18/06)
Memorial Notice
The Association is saddened to report the passing of longtime
REALTOR member Suzanne Stack on May 4. Suzanne was an agent with
Prudential Fox & Roach, Haverford Station. In lieu of flowers,
memorial donations may be made to the Gesu School, Attn: Suzette
Baird, 1700 W. Thompson St., Philadelphia PA 19121 or to The Rena
Rowan Breast Center, c/o Kevin R. Fox, MD 3400 Spruce St., 14 Penn
Tower Philadelphia, PA 19104.
Reminders
Online Classes Available--Are you running into
scheduling conflicts or classes that are sold out? Remember that the
Association of REALTORS School offers a variety of online courses
that are approved for credit towards 2004-2006 PA License Renewal.
The availability of online courses provides licensees the
flexibility of learning at their own pace. Students have access to
online courses 24 hours a day, 7 days a week. Learning can be spread
over several days if necessary. And most importantly, licensees
participating in our online courses receive expert content on a
number of different topics. To access the course descriptions,
please click
here. NOTE: To receive credit for 2004-2006 renewal, online
classes must be completed prior to May 31.
TREND Workshops on May 22--Sign up today for the
latest TREND classes being offered at the Suburban West REALTORS
Association office in Malvern To sign up, please call 610-560- 4800
or email vpagnini@suburbanwestrealtors.com.
The following free classes are being offered:Buyer Prospecting
(10 a.m. – 12 p.m.)and CMA: Comps and Reports (1 p.m. – 3
p.m.).
Important Phone Numbers & Websites
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