Philadelphia Real Estate News
Real Estate news for Philadelphia, PA continually updated from thousands of sources.
12 hrs ago | via Law.com
Over the past five years, the number of mortgage foreclosures filed per month in the Philadelphia Court of Common Pleas has remained roughly the same, but there has been a dramatic increase in filings of a different type of foreclosure: municipal property tax foreclosures. Jonathan S. Sgro is a Skadden fellow at Community Legal Services in Philadelphia and Catherine M. Martin is a University of Virginia Powell fellow in legal services at Community Legal Services. Comment?
Sunday | via Philly.com
When she first laid eyes on the "wreck of a place," it was uninhabitable, with garbage piled to the ceiling, a rear that was falling down, and no working plumbing - though "scattered throughout were several containers with yellow liquid in them," Tague says with a wry smile. After living in small towns in New Jersey, Tague, who hails from Brooklyn, and her London-raised husband realized they weren't cut out for the suburbs and longed for the joie de vivre of city life. Comment?
Tuesday Feb 21 | via Phillymag.com
If Congress is proactive, the possibility of productive tax reform in 2017 could very well become a reality. It's necessary, too - particularly in the housing market, where the lack of resources to make housing affordable for lower- and middle-income families is growing. Comment?
Monday Feb 13 | via Philly.com
Throughout most of last year, it seemed as if Philadelphia's median home-sale price could move in one direction only: up. After three consecutive quarters of consistent - and record-breaking - growth in 2016, however, Philadelphia's housing market finally cooled off a bit in the fourth quarter. Comment?
Saturday Feb 11 | via Philly.com
"Back in 2006, I think we looked around at 30 or 40 homes in a month," said Gray, now 34. At the time, she was 24 and a recent college graduate. Yet she was ready to buy - a mortgage at the time was cheaper than rent for her - so she and her husband began searching. Comment?
19 hrs ago | via World News Report
Orrstown Financial Services, Inc. , the parent company of Orrstown Bank and Wheatland Advisors, Inc. , announced today that Jeffrey S. Gayman has been appointed Market President of the region encompassing greater Hagerstown in Maryland and the greater Chambersburg, Shippensburg, and Carlisle markets in Pennsylvania, effective immediately. Thomas R. Quinn, Jr., President & CEO, commented, "It is critical that we maintain local decision making with strong bankers who are familiar with the markets they serve. Comment?
Yesterday | via Pittsburgh Post-Gazette
Funds for low-income people seeking legal help in civil cases - such as those involving domestic violence protection from abuse orders, child custody issues, evictions, mortgage foreclosures, utility shut-offs, and access to public benefits - could potentially become scarcer. According to several reports, President Donald Trump's budget proposal could eliminate the Legal Services Corporation, the largest funder of civil legal assistance for low-income Americans. Comment?
Saturday Feb 18 | via Inman Real Estate News
Michael McGee has been hired as the new CEO of Pennsylvania Association of Realtors. "I have a long history with the Realtor organization, so I'm very familiar with PAR's excellent reputation and efforts on behalf of its 30,000 members and property owners throughout the commonwealth," McGee said in a statement. Comment?
Thursday Feb 16 | via WTAQ-AM Green Bay
Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. Northeast more frequently than nearby banks, according to an analysis by an industry reform group on Thursday. The Committee for Better Banks, a coalition of bank workers, consumer advocacy groups and unions, dug into government data on home loans in the U.S. Northeast, including nearly 10,000 Santander home-purchase applications, and found "a disturbing pattern of racial and economic discrimination." Comment?
Tuesday Feb 14 | via Daily Pennsylvanian
Have top stories from The Daily Pennsylvanian delivered to your inbox every day, Sunday through Thursday, when Penn classes are in session. Just complete the form below to get started. Comment?
3 min ago | via This Is Money
Revealed: The trick to still get 3% interest on a Santander 123 account... but there's a catch, you have to go to Spain If I move energy providers will I REALLY need to get a new smart meter? Mine was only fitted last year Nissan kickstarts autonomous vehicle testing in the UK - East Londoners, keep an eye out for this Nissan Leaf around the Docklands area Soon you'll be able to get a mortgage entirely online, but how will it work and do you trust a computer to give you advice? BT could be forced to make price cuts of A 60 per year for 2m landline-only customers by regulator Are you going on a cruise? Your travel insurance may not pay out if you fall ill or have to cancel It's a knockout: Mike Tyson's Ferrari F50 supercar to go under the hammer - but the $2.4m estimate is one hefty body blow Tesco demotes 1,600 Express deputy managers, with up to a A 5,000 pay cut, as supermarket battles ... (more) Comment?
9 min ago | via Seeking Alpha
The bank expects mortgage revenue to be down about $700M in 2017 thanks to higher rates and continued run-off in the servicing portfolio. Card services revenue is seen as down $600M mostly due to account acquisition costs. Comment?
10 min ago | via The Globe and Mail
While slightly more than a third of Canadian millennials now own a home, nearly two-fifths of them had help from parents to get into the housing market, says a new global study from HSBC. Surveying home-buying attitudes and behaviour among 1,000 Canadians and 9,000 people total globally, HSBC found that 82 per cent of non-homeowner Canadian millennials intend to buy in the next five years, in line with the global average. Comment?
17 min ago | via Dallas Morning News
Dallas Congressman Jeb Hensarling makes an excellent case for getting rid of Dodd-Frank or at least dismantling a large chunk of it including the Consumer Financial Protection Bureau. The 2,319 page Dodd-Frank Act was passed in July of 2010. Comment?
22 min ago | via Leinster Express
New council houses planned by Laois County Council will cost more to build than they would be to buy, based on current housing prices. The council will build 93 new homes across Laois, costing a 13.85m, a 150,000 each, as part of efforts to feed an ever growing demand for council houses. Comment?
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