Jul 17

Report Calls for a Bigger Fight Against ‘Blight’

Report Calls for a Bigger Fight Against ‘Blight’

Report Calls for a Bigger Fight Against 'Blight'. Image courtesy of David Castillo Dominici / FreeDigitalPhotos.net

Report Calls for a Bigger Fight Against ‘Blight’. Image courtesy of David Castillo Dominici / FreeDigitalPhotos.net

Communities are confronting different types of blighted properties, from littered and vacant lots to foreclosed and abandoned homes, according to a recent Keep America Beautiful report. Blight that causes physical changes to properties can cause “harmful impacts on the lifecycle of neighborhoods and their residents,” says KAB President and CEO Jennifer Jehn.

Blighted properties are characterized from foreclosure and bank repossession to tax delinquency and environmental contamination, the report notes.

Vacant homes can cost municipalities anywhere from $5,000 to $35,000 in police enforcement, fire services, nuisance abatement, and environmental clean-up costs, according to the report.

Blighted residential properties can impact the values of nearby homes. Property values within 500 feet can see a decrease to value by as much as $7,000.

The report calls for community leaders and lawmakers to address blight with numerous initiatives, such as urban greening (like community gardens), land banking, and property manager programs, that strive to restore blighted communities to the mainstream real estate market.

Source: “Blight Knows No Bounds in New Economy,” RISMedia (July 15, 2015) 

admin

For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both.

Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary.

Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that “perfect” property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently.

When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting – or exceeding – his clients’ expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame.

For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania… call Anthony DiDonato.