Allentown Real Estate News
Real Estate news for Allentown, PA continually updated from thousands of sources.
Friday Jun 26 | via The Morning Call
Local foreclosure rates hit a five-year low in April, but activity still remains higher than the national average at least partially because of a judicial process in Pennsylvania that can keep properties in limbo for nearly two years. The Allentown-Bethlehem-Easton region's rate, which measures the percentage of loans in some stage of the foreclosure process in Lehigh, Northampton and Carbon counties along with Warren County, N.J., fell to 2.66 percent in April, down from 3.13 percent one year earlier, according to data released Thursday by CoreLogic, a financial and real estate analytics firm. Comment?
Wednesday Jun 17 | via WFMZ
Those with invested interest in the success of downtown Allentown, are now giving their employees the extra push to live nearby. On Wednesday, 11 companies and three foundations collaboratively announced the "Live Near Where You Work" program. 1 comment
Monday Jun 8 | via Wall Street Journal
Jean and Jim Mikitz introduced President Bill Clinton at a June 1995 speech unveiling the White House's "National Homeownership Strategy." This month marks 20 years since President Bill Clinton unveiled his "National Homeownership Strategy," a 100-point action plan that put as its overarching goal achieving an "all-time high level of homeownership in America within the next six years." Comment?
May 26, 2015 | via Realtor Magazine
It's easy to switch to autopilot when you're operating in what can be a high-pressure industry. Just don't overlook your most important asset as a real estate broker: people. Comment?
May 21, 2015 | via The Morning Call
Drew and Jonathan Scott, hosts of the HGTV reality show "Property Brothers," will give a talk next week at the Greater Lehigh Valley Realtors' open-to-the-public Signature Event at Bethlehem's SteelStacks. Drew Scott is a real estate expert who finds neglected houses and negotiates the purchases. Comment?
Monday Jun 22 | via Insider Monkey
Long Pond Capital is a New York-based hedge fund led by John Khoury . Khoury, with a degree from Wharton School of Business at the University of Pennsylvania, applies a rigorous bottom-up approach to research and invests primarily in real estate investment trusts , and other real estate-related companies. Comment?
Thursday Jun 18 | via National Mortgage News
Housing and property data provider RealtyTrac reported 126,868 foreclosure filings last month, the highest level of activity in 19 months, driven mainly by bank repossessions and a 5% year-over-year increase in scheduled foreclosure auctions. According to the U.S. Market Foreclosure Report, foreclosure filings in May rose 1% from the previous month and saw a 16% year-over-year increase. Comment?
Wednesday Jun 17 | via Natl. Relocation & Real Estate
RealtyTracA recently released its May 2015 U.S. Foreclosure Market Reporta , which shows foreclosure filings-default notices, scheduled auctions and bank repossessions-were reported on 126,868 U.S. properties in May 2015, up 1 percent from the previous month and up 16 percent from a year ago to a 19-month high. The U.S. foreclosure rate in May was one in every 1,041 housing units with a foreclosure filing. Comment?
Tuesday Jun 16 | via Business Wire
As announced previously on December 15, 2014, under the terms of the Merger Agreement, LNB Bancorp Inc. shareholders will be entitled to elect to receive either 1.461 shares of Northwest Bancshares, Inc. common stock or $18.70 in cash for each common share of LNB Bancorp, Inc., subject to an overall allocation of exchanged shares into 50% cash and 50% stock. The companies expect to complete the merger on August 14, 2015, subject to the satisfaction of customary closing conditions. Comment?
Thursday Jun 11 | via Seeking Alpha
First American Financial Corporation is a provider of Title Insurance and Specialty Insurance. Title Insurance represents about 90% of the total revenue. Comment?
26 min ago | via WKXW-FM Trenton
About 15,600 rental units in New Jersey sustained severe damage during the hurricane, forcing thousands of renters out of their homes. These newly homeless tenants quickly learned that they were priced out of the majority of available rental homes that survived the storm. Comment?
40 min ago | via Philly.com
The cover page of the report shows a couple in their late 20s or early 30s seated at a table. A calculator is on the table. Comment?
1 hr ago | via Berkshire Eagle
Have you noticed in recent years that when real estate taxes increase, even slightly, the "for sale" signs seem to sprout up on almost every street? Why? We are an "aged" community, not "aging." Most of the remaining are at or near the poverty level. Comment?
2 hrs ago | via The Washington Post
The financial crisis in Greece has upended the lives - and livelihoods - of residents of the Mediterranean nation. The shutdown of the banking system has resulted in long lines at ATMs to withdraw a daily maximum of just 60 euros, about $67. Comment?
3 hrs ago | via Silicon Alley Insider
If you've recently done one of these 3 things, you're at a higher risk for having your identity stolen In the past year, have you bought a house, sold a house, gotten married, gotten divorced, had a child, become pregnant, lost your job, or gotten a new one? All of these major life events have one thing in common, according to Paige Hanson, educational programs manager at Lifelock , the identity-theft-protection company: You're sharing more personal information than you normally would. Take buying or selling a house, for instance. Comment?
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