July 10, 2016 |
The venerable Counselors of Real Estate is a group of 1,000 individuals, invited to join, and considered the crème de la crème of the industry. Every year, the counselors come up with a list of the top issues facing real estate, and 2016-17 is no exception. Here is some of what the counselors are predicting about the residential real estate market. Age matters. Millennials have overtaken the baby boomers in sheer numbers, but both groups remain substantial real estate consumers.
November 18, 2013 |
Right about now, foes of 2010's health-care reform are gleefully pointing to the law's rocky rollout as evidence for Ronald Reagan's famous declaration that "government is not the solution to our problem; government is the problem. " Even some Obamacare supporters worry it's a sign that government can't get things right. But before you fall for a notion that helps too many Americans gloss over the government's achievements - say, Social Security, Medicare, and the moon landings - you might want to consider the epiphany reported recently by University of Chicago economist Neale Mahoney.
March 21, 2010 |
Members of the Flaim family have been growing eggplants in the sandy Cumberland County soil of their Vineland farm for 76 years, nurturing tiny seedlings into five-foot-tall plants that bear more than 20 fruits each. Most will be sold as usual to wholesale buyers or at farmers' markets. This year, 15 percent will find their way into freezer cases in specialty stores and cafeterias throughout the region. For the last two seasons, the Flaims have been processing the eggplant as breaded cutlets in boxes with the state's Jersey Fresh label, which tells customers they are eating local and is generally reserved for fresh produce.
November 10, 2009 |
Transportation strikes are not new to Philadelphia; SEPTA workers have gone on strike nine times since 1975. The latest example, which ended yesterday, was anything but a fight for the working class. The union's demands were well beyond the means of SEPTA and state taxpayers. The typical SEPTA union employee earns $52,000 per year - $15,000 more than the median annual salary of Philadelphia workers. The city's unemployment rate reached 11 percent in September, and the number of jobless residents had almost doubled since December 2007.
October 21, 2009 |
The grand ballroom at the Capital Hilton glowed neon purple, and Idol-er David Archuleta's "Crush" pulsed from giant speakers. Less than a mile from the White House, the First National Tween Girl Summit - yes, summit - was under way. The event was part serious confab, part sparkly hearts and butterflies - just like its audience. That would be those conflicted wannabe teens (but not quite there yet) - the 8- to 12-year-olds known as tweens. On this recent Saturday, 250 girls came from across the country, including the Philadelphia region, to speak out on issues that mattered most to them.
October 21, 2007 |
When is landscape lighting not just about lighting? When it becomes an important ingredient of curb appeal, says a lighting company "outdoor living expert" who contacted me recently. This was just the latest snowball in the avalanche of story pitches I've been getting from manufacturers trying to offer their products as routes out of the real estate slowdown. So, please, disregard the market forces affecting residential real estate - tighter credit, too much inventory, overproduction of new homes, too many flippers invading and then fleeing, and the fact that most Americans seemed to think they were living in cash registers and now the till is practically empty and the bill is due. Go buy some lights.
August 12, 2007 |
It's a sprawling Arts and Crafts house, with a brand-new kitchen, a brand-new master suite, and vintage details like leaded-glass windows in the built-in china cabinet. Last fall, David and Elizabeth Rubin put it on the market for $475,000. Now they're asking $439,000 - a price that reflects a loss on the $100,000 they've spent on remodeling. With no takers, they're now offering the house on Milwaukee's east side for sale one month at a time: If a qualified buyer is amenable, the Rubins will consider offering the house on a rent-to-own basis.
July 6, 2007 |
Rick Olivieri should have been smiling. After all, the National Education Association's 9,000 delegates were in town, and the lines at Rick's Philly Steaks were longer than usual as folks wandered by his big, enticing window on the 12th Street side of the Reading Terminal Market. Instead, Olivieri was on the phone to lawyers, business associates and friends, trying to figure out if his family's 25-year reign in that corner of the venerable market will come to an end on July 31. That's the deadline managers of the 104-year-old market gave Olivieri on June 28. Sometime this fall, market managers will bring in a "fresh face," Tony Luke's Old Philly Style Sandwiches - he of the stellar Zagat's rating as well as appearances in the ring, recordings and film.
October 12, 2006 |
The proposed multimillion-dollar redevelopment of the Pennsauken Mart site - with its planned upscale hotel, conference center and amphitheater - could be negatively affected by the downturn in the housing market, Camden County officials yesterday. The Camden County Improvement Authority today is expected to approve a 28-day extension of talks with Atlanta-based Beazer Homes to finish detailing the plans. Freeholder Director Louis Cappelli Jr. said Beazer had asked for the additional time "to complete studies related to the project.
April 8, 2006
One for the books Re: "Cohen hits the books: $28,200 worth," April 2: While reading the article, I thought that maybe I was Bill Murray's character in Groundhog Day, only it was April Fool's Day being played over again instead. Did State Rep. Mark Cohen really spend $28,200 of taxpayer's money on his personal book collection? Being a self-described "voracious reader" is one thing. But foisting the bill on the taxpayers is something else. Did we pay for his bookshelves as well?