Undeveloped Land in High Demand. Investors have a new target in real estate: undeveloped land. They’re snatching up undeveloped land heavily discounted in bankruptcy proceedings from developers and banks that foreclosed on the builders once they ran out of money for their projects, Reuters reports. The investors then resell the land for up to 20 …
Tag: Anthony DiDonato
Sep 13
Back-to-School Mentality Drives Housing for Fall
Back-to-School Mentality Drives Housing for Fall. Forty percent of real estate agents and brokers say the end of vacation season will likely bring a refocus on real estate and a primary driver behind fall home sales, according to a recent survey. ERA Real Estate has dubbed it the “ back-to-school mentality” for the real estate …
Sep 12
118 Bortondale Road, Media PA 19063 Home for sale
118 Bortondale Road, Media PA 19063 Home for sale. Price: $229,900 Est. payment: $1,030/mo Bedrooms: 6 2 days on Trulia Bathrooms: 3 Property type: Single-Family Home Size: 2,880 sqft Lot: 0.62 acres Price/sqft: $80/sqft Year built: 1910 MLS/ID: 6107594 Zip: 19063 2-Story,Detached, Colonial – home for sale at 118 Bortondale Road, Media PA 19063 Property …
Sep 12
Home prices have Progressed, But Have they Recovered?
Home prices have Progressed, But Have they Recovered? Home prices have posted some of their strongest gains this year in nearly six years. But while prices have likely hit bottom, the public shouldn’t confuse that with a full recovery. A lot more still has to happen to get to that point, analysts say. For one, …
Sep 11
311 South Bobbin Mill Lane, Broomall PA 19008 Home for sale
311 South Bobbin Mill Lane, Broomall PA 19008 Home for sale. Price: $319,900 Est. payment: $1,433/mo Bedrooms: 3 3 days on Trulia Bathrooms: 2 9 views Property type: Single-Family Home Size: 1,675 sqft Lot: 7,840 sqft Price/sqft: $191/sqft Year built: Ask agent MLS/ID: 6106908 Zip: 19008 Single Family/Detached, Cape Cod – home for sale at …
Sep 11
201 Harvest Lane, Broomall PA 19008 Home for sale
201 Harvest Lane, Broomall PA 19008 Home for sale. Price: $545,000 Est. payment: $2,442/mo Bedrooms: 4 4 days on Trulia Bathrooms: 2 full, 1 partial 95 views Property type: Single-Family Home Size: 3,494 sqft Lot: 0.35 acres Price/sqft: $156/sqft Year built: 1990 MLS/ID: 6106321 Zip: 19008 Lovely 4 bedroom colonial Home for Sale 201 Harvest …
Sep 10
Smaller Banks Now Under Fire for Foreclosure Abuses
Smaller Banks Now Under Fire for Foreclosure Abuses. After a landmark mortgage settlement against the nation’s largest banks earlier this year, the U.S. state attorneys general are now investigating smaller banks for alleged foreclosure mishandlings. The U.S. state attorneys general are reportedly targeting U.S. Bancorp, PNC Financial Services Group Inc., SunTrust Banks Inc., and HSBC …
Sep 10
Homes Are Selling Faster
Homes Are Selling Faster. Sales are quickening their pace as the time to sell a home decreases and falls more in line with a “balanced” housing market, according to new research by the National Association of REALTORS®. The median time a home listed for sale was on the market in July was 69 days, down …
Sep 07
Home for Sale 112 Deer Path Road, Media PA 19063
Home for Sale 112 Deer Path Road, Media PA 19063. Price: $474,900 Est. payment: $2,128/mo Bedrooms: 4 2 days on Trulia Bathrooms: 2 full, 1 partial 418 views Property type: Single-Family Home Size: 2,240 sqft Lot: 0.29 acres Price/sqft: $212/sqft Year built: Ask agent MLS/ID: 6104915 Zip: 19063 Single Family/Detached, Colonial this Home for Sale 112 …
Sep 07
Home for sale 105 Pennock Place, Media PA 19063
Home for sale 105 Pennock Place, Media PA 19063. Price: $365,000 Est. payment: $1,635/mo Bedrooms: 3 2 days on Trulia Bathrooms: 2 Property type: Single-Family Home Size: 1,791 sqft Lot: 0.34 acres Price/sqft: $204/sqft Year built: Ask agent MLS/ID: 6105020 Zip: 19063 Single Family/Detached, Colonial this Home for sale 105 Pennock Place, Media PA 19063 …
Sep 06
Housing Indexes Point to Pricing Rebound
Housing Indexes Point to Pricing Rebound. Several housing indicators in recent months are all revealing a similar trend: Home prices are rising in most markets across the country. The latest housing index from CoreLogic, based on July multiple listing service data, shows national home prices are up 3.8 percent from a year ago in July. …
Sep 06
Banks Open to Short Sales
Banks Open to Short Sales. To meet the terms of the $26 billion mortgage settlement, the nation’s five largest banks are becoming more agreeable to short sales, Inman News reports. The five banks — Bank of America, Citi, JPMorgan Chase, Ally Financial, and Wells Fargo — have issued most of their relief from the settlement …