For Practitioners

Commercial Investors Face Years Of Trouble, Expert Claims

WASHINGTON DC – Real estate agents and brokers who are helping clients manage their investments need to keep them abreast of developments in multi-family and commercial property markets by staying on top of economic, regulatory, and legislative issues that affect lending, tax policy, health care and energy, Inman News Service reported Monday (May 16, 2011). …

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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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Market’s Now Looking Better For Multi-Family Housing Units

WASHINGTON DC – Things are looking up nationwide for growth in new and existing apartments, condominium buildings, and other forms of multi-family housing, the Washington-based National Association of Home Builders said Thursday (March 10, 2011). The association announced that two key measurements it tracks to determine multi-family trends – the Multifamily Production Index, which gauges …

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Simon Property Tops 2011 Real Estate Most Admired List

PHILADELPHIA PA – Simon Property Group Inc., the co-owner of the King of Prussia and Granite Run malls in the greater Philadelphia area, was named the most admired company in the real estate industry, the Philadelphia Business Journal newspaper reported Tuesday (March 8, 2011). The designation comes from Fortune magazine, which since 1997 has conducted …

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Pennsylvania Home Builders Applaud Sprinkler Repeal Vote

HARRISBURG PA – Home builders are applauding passage of a bill Monday (March 7, 2011) by the Pennsylvania House to repeal the state’s home sprinkler mandate, and called for quick action by the state Senate, according to The Pittsburgh Tribune-Review newspaper. “We are pleased by the large and bipartisan support to remove this costly and …

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Mortgage Interest Deductions Help Homeowners, NAR Replies

WASHINGTON DC – Federal income tax deductions for home mortgage interest took a hit Saturday (Jan. 1, 2011) in The Washington Post newspaper, which published an editorial titled “Trim the Excessive Tax Subsidy for Real Estate.” Lawrence Yun, chief economist for the National Association of REALTORS, responded by describing how mortgage interest deductions benefit primarily …

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Mortgage Service Practices Probe Results Expected In 2011

ALLENTOWN PA – As homeowners around the country continue to struggle to fend off foreclosure proceedings, a working group of attorneys general and banking officials from all 50 states has been gathering evidence in a probe of potentially improper or illegal lending and servicing practices, according to an article written by reporter Tim Darragh and …

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Court Bans Landlord Fines, Renter Registration In Hazleton

HAZLETON PA – A federal appeals court ruled Sept. 9 (2010; Thursday) that Hazleton PA could not fine landlords who rent to illegal immigrants, or required prospective tenants to register with City Hall and pay for a rental permit. The court ban against both measures, part of the city’s crackdown on illegal immigrants, is seen …

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To Succeed, Put Your Real Self Into Real Estate Messages

The rage in real estate communications these days focuses on the rise of Internet-based social media. Can you survive in the business without a Twitter account and a Facebook page? Sure, although probably not as successfully as you will with them. Twitter, Facebook, Linked-In, instant messaging and similar applications are big for real estate because, …

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