Allentown Real Estate News
Real Estate news for Allentown, PA continually updated from thousands of sources.
Jan 6, 2016 | via Business Wire
A detailed list of rating actions follows at the end of this press release. The affirmations are a result of Fitch's stable loss projections for the pool. Comment?
Dec 29, 2015 | via WFMZ
The valley's office vacancy rate is significantly lower than the national average, according to LVEDC, and has improved from 11.79 percent in the fourth quarter of 2014 to 10.66 percent in the third quarter of 2015, with rental rates remaining relatively steady. National office vacancy rates have increased from 14.9 percent in the fourth quarter of 2014 to 16 percent in the third quarter of 2015. Comment?
Dec 1, 2015 | via The York Daily Record
Private company will handle York's foreclosures York officials hired Community Champions to handle the city's 313 foreclosure properties. Check out this story on ydr: http://on-ydr.co/1HFDFB0 Community Champions will seek to register all foreclosure properties in York so city code enforcement officers can better address blighted property concerns when they arise at foreclosure properties. Comment?
Nov 5, 2015 | via National Mortgage News
The letter Coreen Hartman-Tobia received a few months ago was startling, but she knew it had to be a mistake. It had her Allentown address on it but another couple's names. Comment?
Oct 22, 2015 | via PlanPhilly
Pearl Properties released a revamped design for the high-rise on the Boyd Theater property, reports Jacob Adelman. Rather than filing a lawsuit to get the changes they wanted, neighbors hired architect Cecil Baker to rework the design. Comment?
Friday Feb 5 | via Philly.com
HSBC North America Inc., the U.S. arm of the British banking giant formerly known as Hongkong & Shanghai Bank, has agreed to set aside $59.3 million to repay U.S. home mortgage loan customers who borrowed at high subprime rates from the former Household Financial Corp., which HSBC bought in 2003. Up to 2,400 Pennsylvania borrowers may qualify for reimbursement, according to the office of Pennsylvania Attorney General Kathleen Kane. Comment?
Tuesday Feb 2 | via AmericanBankingNews.com
Peoples Financial Services Corp released its earnings results on Tuesday. The financial services provider reported $0.50 earnings per share for the quarter, MarketBeat Ratings reports. Comment?
Tuesday Feb 2 | via PennLive.com
Derry Township resident Mike Megoulas found out his house was in a flood zone more than a decade after he initially bought it. Private flood insurance is more affordable for him than insurance through the National Flood Insurance Program. Comment?
Thursday Jan 28 | via PennLive.com
The fall of Mechanicsburg native James Adams from his cushy, hedge fund heights to making minimum wage toiling on the graveyard shift at Waffle House is, literally, the stuff of Hollywood movies. But the real lessons taught by his precipitous plunge from a Wall Street-fueled mid-six-figure income to taking orders from wee-hour Waffle House patrons fresh from the bars have little to do with riches-to-rags discomforts. Comment?
Jan 12, 2011 | via City Journal
'Are any of these ideas actually stupid?' Stewart wondered. Cut to Daily Show correspondent Jason Jones, who described Arizona's plans to sell its state government buildings for $735 million, lease them back, and keep on using them. Comment?
Monday Feb 8 | via CKNW News Talk 980
The controversial real estate technique was uncovered in a bombshell Globe and Mail investigation this weekend, and has renewed the debate over what's driving housing prices in Vancouver. It allows realtors and investors to flip a property multiple times before a sale is even complete, jacking up the price along the way. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Comment?
Monday Feb 8 | via Seeking Alpha
Two Harbors Investment's stock is down ~26% over the last year as income investors turned their backs on the mortgage investment sector. Two Harbors retains potential to grow servicing income, though, and has a history of earning excess returns compared to the Pine River Mortgage REIT Index. Comment?
Monday Feb 8 | via The Globe and Mail
Vancouver MLA David Eby called for an independent inquiry Sunday. He credits The Globe investigation for pushing the government into doing something concrete about Vancouver's real estate woes. Comment?
Copyright © 2016 Topix LLC