Chester Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

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  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Local Headlines

• Weldon associate pleads guilty

  7 hrs ago | via Philly.com 

  A Delaware County real estate agent and close friend of former U.S. Rep. Curt Weldon who became a Capitol Hill lobbyist pleaded guilty yesterday to destroying evidence related to the FBI's investigation of ...

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  Related Topix: Real Estate, US News, Home Listing, Home

• Supply of New U.S. Homes Falls by Most Since 1963 as Construction Declines

  18 hrs ago | via Bloomberg Business News 

  The number of new houses for sale in the U.S. dropped by the most in four decades in June, indicating that cutbacks in construction are starting to make a dent in the property glut.

  Comment?

  Related Topix: Housing

• U.S. Existing Home Sales Drop 2.6% to 4.86 Million, Lowest Rate in Decade

  Thursday | via Bloomberg 

  Sales of previously owned U.S. homes fell in June to the lowest level in a decade, signaling tumbling real-estate prices and consumer confidence are hurting demand.

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  Related Topix: West Chester, PA, Chester, PA, Real Estate, Home, Home Selling, Housing, Foreclosures

• DRPA touts efficiency to sell toll hike plan

  Sunday Jul 20 | via CourierPostOnline 

  The DRPA is preparing to justify its proposed toll and fare hike to the public this week by demonstrating strong fiscal management, by promising to stick to its mission as a regional transportation authority ...

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  Related Topix: Cumberland County, PA, Home, Mortgage, Chester, PA

• U.S. Housing Starts Hit Two-Year Record on NY Technicality

  Friday Jul 18 | via Money Morning 

  Housing starts made a sizeable 11.6% jump in June, the Commerce Department announced yesterday .

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  Related Topix: Publishing, New York Times, Pnc Financial Services GroupThe, Banking, Financial Services, Home, Mortgage

Regional Headlines

• Senators find Pittsburgh casino is in dire shape

  18 hrs ago | via Luminary 

  State senators asking questions Thursday about the rescue of a financially troubled Pittsburgh casino project by other investors found the situation more complicated and dire than they originally thought.

  Comment?

  Related Topix: Pennsylvania, Mortgage, Home

• Regional economy shows improvement

  Wednesday | via Pittsburgh Post-Gazette 

  Despite weaknesses in parts of the housing and retail sectors, the economy in the Federal Reserve's Fourth District, which includes Western Pennsylvania, Ohio and parts of Kentucky and West Virginia, improved ...

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  Related Topix: Pennsylvania, Mortgage, Home

• Economic Watchdog, July 21

  Monday Jul 21 | via Optionetics 

  The economy might take a backseat to earnings news this week, but there still are several reports that could impact trading.

  Comment?

  Related Topix: Home, Mortgage, Pennsylvania, Financial Markets, Home Selling, Housing

• Dundee Homeowners Choose To Auction House

  Sunday Jul 20 | via KETV 

  Some Omaha homeowners are waiting months to sell their homes, but a family in Dundee intends to sell their in an instant.

  Comment?

  Related Topix: Real Estate, Pennsylvania, Home Listing, Home

• State Capitol Roundup for July 18

  Friday Jul 18 | via Tony Phyrillas 

  I thought the Legislature was on its 2-month summer vacation, but it appears some lawmakers are still in Harrisburg.

  Comment?

  Related Topix: Pennsylvania, Pennsylvania Government, Home, Mortgage

National Headlines

• Bill heads to Bush for signature

  3 min ago | via WSJV-TV South Bend 

  The Senate has overwhelmingly approved a bill aimed at helping thousands of struggling homeowners fight off foreclosure.

  Comment?

  Related Topix: Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Two more U.S. banks fail

  3 min ago | via John Dvorak 

  Federal regulators have closed two small Western banks, bringing to seven the number of U.S. banks that have failed this year.

  Comment?

  Related Topix: Scottsdale, AZ, Financial Services, Foreclosures, Housing, Home, Mortgage

• Housing Stimulus Package to Stabilize Neighborhoods, Attract New Capital to Communities: LISC

  4 min ago | via The South Mississippi Sun Herald 

  The Housing and Economic Recovery Act of 2008 will help stabilize disinvested neighborhoods, offer relief to families stung by the foreclosure crisis and attract new capital to affordable housing developments ...

  Comment?

  Related Topix: Foreclosures

• Apartment Industry Commends Congress For Learning From Past Mistakes...

  4 min ago | via The South Mississippi Sun Herald 

  The National Multi Housing Council /National Apartment Association joint legislative program issued the following statement by NMHC/NAA Senior Vice President of Government Affairs Jim Arbury concerning the ...

  Comment?

  Related Topix: George Bush, US News, Home, Mortgage, Mortgage, Personal Finance, Foreclosures

• How they voted: Senate roll call on housing bill

  5 min ago | via The Oregonian 

  The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.

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  Related Topix: Foreclosures, Home, Mortgage, Mortgage, Personal Finance, US Politics, US News