Perkasie Real Estate News
Friday May 1 | via Philly.com
There's nothing fancy about the ensemble of redbrick houses that line the 3600 block of Lancaster Avenue in Powelton Village. Built in the late 1870s, when the avenue linked country farms to city markets, the modest, wood-trimmed buildings housed working people who tended shops on the ground floor. Comment?
Apr 1, 2015 | via Philly.com
A Bucks County real estate investor was arrested Wednesday on charges he bilked $600,000 from local banks through an elaborate mortgage-fraud scheme, federal prosecutors said. Dean Rossi, 49, of Warrington, allegedly took out bank loans and claimed he used the money to satisfy mortgages on low-income properties he owned in Philadelphia. Comment?
Mar 19, 2015 | via Philly.com
A woman who moved from Philadelphia to New York City eight months ago has died after she was struck by a windblown sheet of plywood from a construction site in Greenwich Village. Police said Tram Thuy Nguyen, 37, known to her friends as Tina, was fatally injured Tuesday night in front of 175 W. 12th St., near where a condominium project is rising on the site of the former St. Vincent's Hospital. Comment?
Mar 13, 2015 | via Freshnews
FRASER, Mich., March 13, 2015 /PRNewswire/ -- zipLogix, a technology company helping real estate professionals improve productivity and efficiency, announced new and continuing contracts with five associations in metro Philadelphia. REALTOR "This strategic partnership will enhance the home buying experience for agents and buyers throughout Eastern Pennsylvania," said Peterson. Comment?
Feb 26, 2015 | via Huliq.com
Early indications of Home Buyer Activity are promising in the weeks preceding the local Spring market. According to reports available from TReND MLS, there was a 15% increase in overall pending homes when comparing January 2015 to January 2014. Comment?
18 hrs ago | via PennLive.com
In photo from left to right are Barbara Schmidt, senior vice president and general manager of Coldwell Banker Residential Brokerage in Central Pennsylvania; Ann Marie Haggerty, an office manager at Coldwell Banker Residential Brokerage; Quentin Miller, president of Coldwell Banker Residential Brokerage in Central Pennsylvania and Ryan Hess, vice president of Coldwell Banker Residential Brokerage in Central Pennsylvania. Less than a mile separated two real estate offices on Linglestown Road in Lower Paxton Twp. Comment?
Monday May 18 | via Philly.com
More sales but lower prices characterized the suburban real estate market in 2015's first quarter, as the Philadelphia region continued to extricate itself from the housing downturn. An analysis by economist Kevin Gillen of data provided by Berkshire Hathaway Home Services Fox & Roach Realtors showed that the typical suburban house sold fell in value by 1.8 percent in the first quarter compared with the fourth quarter. Comment?
Monday May 4 | via TaxVox
Will cuts to a state's top income tax rate boost growth? Not necessarily. In a new TPC paper , Bill Gale, Aaron Krupkin, and Kim Rueben find little evidence linking state-level economic growth and taxes, especially income tax policy. Comment?
Saturday Apr 25 | via WICU12 Erie
Sales have jumped more than 30 percent compared to this time last year, according to Howard Hanna realtors of Erie. Nearly 800 new homes were sold in the Erie area among five major brokers during the first quarter of 2015. Comment?
Wednesday Apr 29 | via GantDaily.com
Think what you want about Wall Street bankers - they're greedy, overpaid, egotistical - but negotiation is their area of expertise. They have perfected the art of cutting a deal to their advantage, whether it's to buy a company, trade a stock or snag a bigger bonus. Comment?
3 min ago | via Big News Network.com
DUBLIN, Ireland - Ireland's Finance Minister Michael Noonan has concluded a constructive series of meetings with senior management of Ireland's six main mortgage lenders. The meetings focused on the mortgage market and specifically the comparatively high standard variable rates currently being charged by the banks. Comment?
30 min ago | via Inman Real Estate News
Builder confidence in the market for newly built single-family homes slid two points in May to a level of 54, but still posted a nine-point increase from a year ago, according to the National Association of Home Builders/Wells Fargo Housing Market Index . "We've found that rising rents do not appear to be playing a significant role in motivating renters to buy a home," said David Brickman, EVP of Freddie Mac Multifamily, in a statement; Freddie Mac research showed that most renters are not looking to buy homes despite rising rent. Comment?
32 min ago | via Times of Wayne County
When Lyons Town Supervisor Brian Manktelow purchased the Lyons Community Center building, he had no plans to turn it into anything new. The successful farmer/businessman's only goal was to get the Lyons Community Center LLC back on its feet. Comment?
45 min ago | via KCCI-TV Des Moines
Home sales are at an historic high. Iowa Realty General Manager Brennan Buckley said more homes sold in April than at any point in almost a decade. Comment?
50 min ago | via The Item Extra
WASHINGTON - Could there be a way to help senior homeowners with their cash flow needs without saddling them - and ultimately their families - with high costs? That's a key question at a time when millions of seniors are flooding into their post-retirement years, many of them with equity in their homes but insufficient income to handle expenses over the long term. If they want to stay in their homes, they can opt for a government-insured reverse mortgage, which may provide them cash in exchange for repayment plus interest after they die, move out or sell. Comment?
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