Local

Home Prices Up For Year Ending In October; Month Down A Bit

NEW YORK NY – Home prices across 20 cities nationwide rose 4.3 percent during the 12 months ending in October (2012), as measured by the Case-Shiller Home Price Indices released Wednesday (Dec. 26, 2012), and that upbeat performance out-distanced analysts’ forecasts. Anticipated seasonal weakness did show up, however, as 12 of the 20 posted monthly …

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Philly Area’s Homes Trail Cumulative Value Trend In 2012

PHILADELPHIA PA – Homes in the greater Philadelphia market, including those in western Montgomery County, are anticipated to have lost $1.6 billion in cumulative value during 2012, according to an analysis of Zillow® Real Estate Market Reports released Wednesday (Dec. 19, 2012). As bad as that news might be, Zillow said, 2011 – when Philadelphia …

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Armstrong Floor Products Donated To Homes For Our Troops

LANCASTER PA – Armstrong Floor Products will donate the flooring for 30 homes to be built across the country during 2013 by Homes for Our Troops, a national non-profit organization that creates specially adapted homes for severely injured veterans, the company announced Thursday (Dec. 6, 2012). The homes are built at no cost to veterans …

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Universal Health Realty Income Trust Increases Dividend

KING OF PRUSSIA PA – Universal Health Realty Income Trust, a real estate investment trust that invests in health care and human service related facilities, said Friday (Dec. 7, 2012) that its board of trustees voted to increase its quarterly dividend by $.005 and pay a dividend of $.62 per share on Dec. 31 to …

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Two Named To Economic Development ‘Action Team’ In Philly

PHILADELPHIA PA – Pennsylvania Gov. Tom Corbett’s “Action Team,” which works with economic development groups to promote business growth, retention and expansion in Montgomery, Chester, Philadelphia, Delaware and Bucks counties, has filled two vacancies in its southeastern regional office, the state Department of Community and Economic Development announced Wednesday (Dec. 5, 2012). Norman P. Hetrick …

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Challenge For Brokers And Agents: Calming Consumer Fears

NEWTOWN SQUARE PA – Winning is in, and losing has never been a good thing. As the National Association of REALTORS® approaches the 2012 edition of its Nationwide Open House Weekend, scheduled for April 28-29 (2012; Saturday and Sunday), one challenge that faces real estate brokers and salespeople across Pennsylvania is proving to consumers they’ll …

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Compromise Flat Fee Proposed For Marcellus Shale Gas Wells

HARRISBURG PA – Representatives of Gov. Tom Corbett and majority Republicans in the Pennsylvania Legislature worked through Sunday (Feb. 5, 2012) to reach a tentative agreement that would impose a fee on drillers who extract natural gas from Marcellus Shale, buried almost a mile underground across much of northern and western Pennsylvania. The drilling fee …

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Area Commercial Developer Wins Energy Use Award

MALVERN PA – Liberty Property Trust, a commercial real estate developer that leases office and other space in Norristown, King of Prussia, Exton and West Chester PA and elsewhere in 12 states and overseas, last week received a national award for its commitment to energy use management, the company announced. Liberty was honored with the …

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Regional Home Prices Drop Less Than Nationally

PHILADELPHIA PA – The overall sales price of single family homes in the Greater Philadelphia metropolitan area, including Montgomery County, declined three-tenths of 1 percent from August to September (2011), according to the monthly Home Price Index (HPI) published Monday (Nov. 7) by Core Logic, a provider of information, analytics and business services. Actually, CoreLogic …

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Provide Your Clients With Points Of Any And All Contact

PHILADELPHIA PA – How many ways can real estate clients and prospects contact you? Maybe more importantly, how many ways do they KNOW they can contact you? There could be a huge difference between the two and, if so, you may be missing business opportunities. Worse yet, you may be opening the door to competitors. …

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