Allentown Real Estate News
Real Estate news for Allentown, PA continually updated from thousands of sources.
Thursday Aug 13 | via Business Journal
Brookwood Financial Partners closed Wednesday on a 29-building office portfolio that gives it a major footprint in the Philadelphia suburbs. While Tom Brown , president of Brookwood, declined to disclose how much the company paid, it reportedly traded for $183 million. Comment?
Jul 24, 2015 | via National Mortgage News
National Penn Bancshares in Allentown, Pa., said its second-quarter profit improved as increased real estate lending offset higher expenses. The $9.6 billion-asset company's net income rose 3.8% to $27.2 million, or 19 cents per share, from a year earlier. Comment?
Jun 26, 2015 | 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?
Jun 17, 2015 | 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
Jun 8, 2015 | 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?
Thursday | via Denver Post
Federal prosecutors in Philadelphia on Thursday unsealed criminal charges against three people, including a Colorado resident, for what they claim was a $54 million Ponzi scheme that promised high returns from the construction of "carbon-negative" homes and from a technology to turn trash into fuel. "Unfortunately for the investors, it was all a hoax and they lost precious savings. Comment?
Tuesday Aug 25 | via PennLive.com
Trisha R. Koch-Allen of New Cumberland was named branch manager of Mid Penn Bank's Carlisle Pike office. She previously served as mortgage production manager for M&T Bank. Comment?
Thursday Aug 20 | via KMPH-TV Fresno
Former President Jimmy Carter plans to discuss his recent cancer diagnosis Thursday for the first time since revealing last week that he was ill. Former President Jimmy Carter announced Thursday that his cancer showed up in four small spots on his brain and he will immediately begin radiation treatment, saying he is "at ease with whatever comes." Comment?
Thursday Aug 20 | via Reuters
U.S. home resales rose to a near 8-1/2-year high in July and factory activity in the mid-Atlantic region picked up this month, fresh signs of steady economic growth that likely keeps the Federal Reserve on track to raise interest rates this year. While other data on Thursday showed a slight increase in the number of Americans filing new applications for unemployment benefits last week, the trend remained consistent with strong labor market momentum. Comment?
Wednesday Aug 19 | via Business Wire
Fitch downgraded 20 bonds in 15 transactions... )--Organizzati nell'ambito di CARTES SECURE CONNEXIONS, i riconoscimenti SESAMES vengono conferiti alle 10 migliori innovazioni tecnologiche nei settori delle schede intellige... )--Pacific Gas and Electric Company has named Melissa Lavinson as Chief Sustainability Officer, an expansion of her existing role as vice president of Federa... )--Big Flower debuts as East Hampton's new lifestyle brand. Comment?
19 min ago | via Sunday Herald
First-time buyers and existing homeowners need to act quickly if they want to benefit from some of the cheapest mortgage deals ever seen. Although the Bank of England's base lending rate has been at a record low of 0.5 per cent for more than six years, there are signs that loan rates are starting to rise and the best deals won't be around for much longer. Comment?
29 min ago | via Samizdata.net
I take the matter quite personally because my own father was once a war refugee. Indeed, he was once a war refugee who, because he was a member of a non-Christian religion, was denied refuge in more or less every civilized part of the world. Comment?
29 min ago | via The Independent
Offset mortgages are a smart and tax-efficient way to cut mortgage costs, yet only around one in 10 borrowers take advantage of them. They can be big money savers and make even more sense when savings rates are at rock bottom. Comment?
30 min ago | via Statesboro Herald
U.S. unemployment fell to a seven-year low of 5.1 percent last month, but hiring slowed - a mixed bag of news that offers few clues to whether the Federal Reserve will raise rock-bottom interest rates later this month. Comment?
30 min ago | via The Independent
The week preceding the bank holiday proved to be one of the most volatile for some time. ''Black Monday'' was the 10th consecutive day the FTSE 100 ended in negative territory - the longest losing streak since January 2003. Comment?
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