Saturday, April 25, 2015

Real Estate

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Marcus Molina is a real-life version of that mythical beast known as the millennial homebuyer. Just after college, the 25-year-old Philadelphia native bought his first house in North Philly for $65,000.
For years, Philip and Jackie Carroll would look out the window at the Collingswood house behind theirs. It had a simple charm, the good "bones" of a house built in 1905 - and it had a swimming pool.
When the housing bubble exploded in 2007, it ripped away nearly 25 percent of the value of Bristol Township's homes. For many in this Bucks County community, short sales and foreclosures followed, slowly and painfully, over the next five years.
Looking for more money for affordable housing, a coalition of Philadelphia groups wants to tax properties if they are flipped by developers less than two years after they were purchased.
I don't know which generation my grandparents fit into, but as the youngest would be 120 and the oldest 146, it really doesn't matter. I know that, at least for my Italian-born grandparents, owning a home was a big part of their dream.
Have you ever dreamed of living seaside at the Navy Yard, the vast onetime shipbuilding hub that's emerged as a hip urban office campus? Soon, you may be able to rent homes in the shadow of mothballed naval ships.
When was the last time anybody said, "Please raise my taxes"? But that was the message Gerard Sweeney, president and chief executive of Brandywine Realty Trust, one of the region's largest commercial real estate developers, delivered Wednesday at a news conference outside City Hall.
Spring: a time for fresh starts, and for some, a new home. Before you head out to open houses, your first question should be: Should I own a home at this time? Your second: Or should I remain a renter?
A look at this weekend's open houses in the Philadelphia region.
Phillies pitcher Cliff Lee is selling his magnificent Rittenhouse condo. Yesterday, Lee put his 4,166-square-foot home at 1706 Rittenhouse Square on...
Getting ready to buy a home this spring? Make sure there aren't any cracks in your credit. A good credit score is essential when it comes to securing a mortgage.
A look at this weekend's area open houses
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