Audubon Real Estate News
Real Estate news for Audubon, PA continually updated from thousands of sources.
Thursday Jun 25 | via Philly.com
The U.S. Court of Appeals for the Third Circuit heard arguments Thursday that could clear the way for Pennsylvania counties to reap tens of millions of dollars from the banking industry's mortgage-registry system. A federal judge in Philadelphia ruled last June that the registry, known as MERS, used its members-only database to illegally circumvent county recorders' offices. Comment?
Friday Jun 5 | via Patch.com
The rebounding economy is literally leaving some low wage earners out in the streets, according to a new report examining a paradox that is affecting some 21 million Americans - the 30 percent of the workforce who work near-minimum-wage jobs . In its study, "Out of Reach 2015," the National Low Income Housing Coalition looked at regional differences in the hourly wage required to pay for a two-bedroom apartment, and plotted them on an interactive map. Comment?
Jun 1, 2015 | via Phillymag.com
Love him or hate him, Ori Feibush has been the best-known developer in South Philadelphia's Point Breeze neighborhood in recent years. Feibush, who lost last month's race for the 2nd District City Council seat , said he is no longer going to develop new homes or commercial properties. Comment?
Apr 16, 2015 | via PlanPhilly
Philadelphia's School Reform Commission voted on Thursday night to approve a tax-increment financing district for the area surrounding the Gallery mall on east Market Street that would save the mall's owners $55 million in property taxes over a period of 20 years. The TIF district is intended help finance the redevelopment of the mall, plans for which were detailed in an Inquirer article earlier this week. 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?
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?
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?
7 min ago | via Tallmadge Express
Cutler Real Estate has announced a statewide partnership with Homeside Financial. The opportunity to partner with Homeside is a game changer for Cutler Real Estate, according to a news release from Cutler. Comment?
36 min ago | via Manawatu Evening Standard
Aucklanders have turned down the chance to view the multi-million dollar mansion of music royalty at a rare open home on Sunday. "A few people came but not as many as we thought would," said Charlotte Emson who works with real estate agent Penny Milne. Comment?
1 hr ago | via Independent.ie
Just like Bank of Ireland, Ulster Bank and Permanent TSB, it is defying calls to cut variable rates. Photographer: Aidan Crawley/Bloomberg That is the argument the Central Bank has been putting out, as it does not want powers to set rates. Comment?
2 hrs ago | via Glenwood Springs Post-Independent
Last year, 78 percent of RFSD employees stuck around, compared with 85 percent in Garfield County Re-2 and a state average of 80 percent. The district fared better in the 2010-2011 and 2012-2013 school years, tying the state average but still trailing Re-2, but saw a major exodus amid budget cuts in 2011-12, with 29 percent of the staff departing. Comment?
2 hrs ago | via Independent.ie
Nearly 10 million Greek voters will take to the ballot booths Sunday to vote 'Yes' or 'No' in a referendum asking if they accept more austerity measures in return for bailout funds Each morning, Nick Balabanis leaves his Athens home at 6am to begin work. The father of one commutes into the centre of the city to the small but bustling drapery shop on Athinaidos Street, hidden away from the tourist gaze. Comment?
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