Philadelphia Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

  Comment?

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

Local Headlines

• State Briefing: July 17, 2008

  Thursday | via The Morning Call 

  STATE UNIVERSITIES HAVE BUDGET SHORTFALL Administrators of Pennsylvania's state-owned university system say they need to fill a roughly $32 million budget gap for the 2008-09 school year.

  Comment?

  Related Topix: Home, Mortgage, Philadelphia, PA, Violent Crime

• Phila. Developer Offers Free 'Smart' Cars with Condos

  Wednesday Jul 16 | via KYW-AM Philadelphia 

  With gasoline now costing upwards of $4 a gallon, one real estate developer is giving away Smart Cars in order to sell condominium units.

  Comment?

  Related Topix: Philadelphia, PA, Mortgage, Home

• Business Briefing - July 16, 2008

  Wednesday Jul 16 | via The Morning Call 

  TREASURY: NO LOANS FOR FANNIE, FREDDIE WASHINGTON | Treasury Secretary Henry Paulson said Tuesday the Bush administration has no immediate plans to extend emergency loans to mortgage giants Fannie Mae and ...

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Financial Services, Fannie Mae, Philadelphia, PA

• City Council agrees to let Reading Housing Authority take over River Oak Apartments

  Tuesday Jul 15 | via Reading Eagle/Reading Times 

  City Council agreed Monday to let the Reading Housing Authority take over the privately owned River Oak Apartments and put $1 million in capital improvements into the 73-unit complex.

  Comment?

  Related Topix: Reading, PA, Reading Metro, Home, Mortgage, Mortgage, Personal Finance, Philadelphia, PA

• Real estate wrap: Liberty Property honored for innovation

  Monday Jul 14 | via Philadelphia Business Journal 

  Fresh off of receiving CoreNet Global's 2008 Leadership Award for Design & Development for its commitment to sustainable design, Liberty Property Trust was named "Developer of the Year" by the National ...

  Comment?

  Related Topix: Liberty Property Trust, Real Estate, Malvern, PA, Philadelphia, PA, Warminster, PA, King of Prussia, PA

Regional Headlines

• State Capitol Roundup for July 18

  9 hrs ago | 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: Harrisburg (Pennsylvania State University System), Pennsylvania, Pennsylvania Government, Home, Mortgage

• Wachovia's Brokerage Inspected by State Regulators in Auction-Rate Probe

  Thursday | via Bloomberg 

  Wachovia Corp. 's securities division was inspected by a team of regulators from more than five states who delivered subpoenas today as part of a probe into the company's sales of auction-rate bonds.

  Comment?

  Related Topix: Marketing, Advertising, Boston University, Pennsylvania

• Don Spatz,

  Wednesday Jul 16 | via Reading Eagle/Reading Times 

  I've taken shots at the Pennsylvania Department of Banking for hiding behind a legal gag and refusing to say what really happened in the Wesley Snyder case.

  Comment?

  Related Topix: Pennsylvania, Federal Prisons, Home, Mortgage, Mortgage, Personal Finance

• Consumer Prices Jump by the Most Since 2005 on Surge in Fuel, Food Costs

  Wednesday Jul 16 | via Bloomberg 

  Prices paid by U.S. consumers jumped in June by the most since 2005 on spiraling costs for fuel and food, intensifying the pressure on households struggling with falling home prices and the credit crunch.

  Comment?

  Related Topix: Housing, Ben Bernanke, Pennsylvania

• Economic Outlook: Midwestern banks to see tough round of quarterly results

  Sunday Jul 13 | via MarketWatch 

  A wave of gloomy results from the second quarter are expected to be the highlight of reports that Midwestern regional banks will issue in the coming days, analysts say.

  Comment?

  Related Topix: Housing, Banking, Financial Services, Citigroup, US Bancorp, Marshall University, Pennsylvania

National Headlines

• Lawmaker: Extend mortgage protection for vets

  5 min ago | via MilitaryCity.com 

  Two projects aimee at protecting veterans with adjustable rate mortgages and adjustable hybrid rate mortgages could be extended past the end of this year if Rep.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Life, Veteran Affairs, US Politics, Ginny Brown-Waite, US News, Republican, US House of Representatives, Foreclosures

• Debt consolidation loans to manage debts easily and intelligently

  2 hrs ago | via The Capital Letter 

  The main reason for such a situation is the high credit card bills, loans, and mortgages, etc.

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• Adverse Credit Remortgage - Refinance Easily

  3 hrs ago | via The Capital Letter 

  This is done mainly to get a new mortgage for a lower rate of interest from a different lender for a better rate.

  Comment?

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

• Robert Shiller on Bubble Thinking

  14 min ago | via Bubble Meter 

  Many culprits have been fingered for the housing crisis we're in today: unscrupulous mortgage lenders, dishonest borrowers, underregulated financial institutions.

  Comment?

  Related Topix: UC San Francisco, University of California System, Housing, Home, Mortgage, Mortgage, Personal Finance

• House prices 'will keep falling'

  19 min ago | via BBC 

  House prices in the UK and the US are likely to fall for another two years, the chairman of one of the world's most powerful banks has warned.

  Comment?

  Related Topix: Mortgage, Home