PostRealEstate

Office Real Estate Needs Continue To Shrink. Here’s Why …

NEWTOWN SQUARE PA – Here’s the kind of news that probably causes commercial agents, specifically those dealing in office real estate, to break out the antacids. Citrix – the company that developed “GoToMeeting” software that lets team members in distant locations talk and see each other in virtual meetings on the web – completed a …

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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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GMH Mortgage Names Rose As Eastern Sales Vice President

NEWTOWN SQUARE PA – GMH Mortgage Services LLC, a national mortgage banker headquartered in Newtown Square PA, said Thursday (Dec. 6, 2012) it named Joel Rose as vice president of its eastern division’s retail sales. Rose has more than 20 years of experience in the mortgage industry, and most recently worked at GMAC, where he …

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Postal Service Claims Mail-Mobile Combos Can Sell More

WASHINGTON DC – Until the Internet arrived and, after that, until mobile communication arrived, the U.S. Postal Service profited by pushing direct mail as an advertising medium. As the alternatives gained widespread acceptance among consumers, however, a substantial number of advertisers – including those in the real estate business – concluded the web and smartphones …

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Slow Rebound, Higher Occupancy In 2013, Liberty Predicts

MALVERN PA – Liberty Property Trust, whose commercial real estate portfolio consists of 650 office, distribution and light manufacturing properties that serve 1,800 tenants, said Tuesday (Dec. 11, 2012) that although it expects economic conditions during 2013 to slowly improve there may be few acquisition opportunities. In his forecast for the coming year, Liberty CEO …

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