Tuesday, March 3, 2015

Real Estate

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Real estate agents keep telling me that today's home-buyer is better educated and informed because of the Internet.
The nonprofit Fair Share Housing Center issued a scathing report in January: The state of New Jersey's disbursement of funds for homeowners rebuilding after Hurricane Sandy is far too slow, giving out only a small fraction of the money available.
Just beyond the door of Byron Fink's Washington Square condominium is a wonderland of objects.
Dottie Herman discusses the millennial effect on U.S. real estate. (Source: Bloomberg)
Home owners buy their second or third homes for a variety of reasons.
A look at this weekend's open houses in the Philadelphia region.
The “Starbucks Effect” – the phenomenon that Starbucks boosts home values – has been a hot topic in real estate ever since Zillow CEO Spencer Rascoff and chief economist Stan Humphries explored the subject in a chapter of their book Zillow Talk: The New Rules of Real Estate.
Q: My home has no mortgage on it, but I do have a home equity line of credit. What would happen to the HELOC if we were to put the house into a trust?
A Delaware home built by the du Pont family in the mid-1930s is being offered for nearly $2.3 million.
Population: 7,407 (2013). Median household income: $44,901 (2009). Area: 1.4 square miles. Settlements in the last three months: 18.
When Sharon Taffet and her husband, David, purchased a historic home in Merion Station in 2004, she saw potential even though she said the place was in “dire shape.”
“Modern” is not a word associated with the Betsy Ross House on Arch Street in Old City.
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Digital Real Estate Specialist
215-854-5319 or dhardimon@philly.com
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