July 26, 2015 |
One in a continuing series spotlighting real estate markets in the region's communities. There is more than a hint of change in Norristown's real estate market. It can be very subtle, like a sprinkle of cinnamon on a cappuccino at Jus' Java on Main Street. It can be loud, like the arrival of the 7:27 a.m. Manayunk-Norristown train, or construction on the Lafayette Street corridor that will, by 2020, finally link the community with the Pennsylvania Turnpike. Norristown, the borough urges, is "Where You Belong," and developers and real estate agents say it is committed to making that happen after decades of neglect and false starts.
May 2, 2015 |
There's nothing fancy about the ensemble of redbrick houses that line the 3600 block of Lancaster Avenue in Powelton Village. Built in the late 1870s, when the avenue linked country farms to city markets, the modest, wood-trimmed buildings housed working people who tended shops on the ground floor. Folks still live upstairs today, and neighborhood businesses - bike store, nail salon, day-care center - still pepper the storefronts below. Such blocks are what make Philadelphia, well, Philadelphia.
April 20, 2015 |
One in a continuing series spotlighting real estate markets in the region's communities. 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. Veteran Coldwell Banker Hearthside agent Ellen M. Cassidy, who has been selling homes here for three decades, offers this welcome news: The real estate market has started to improve.
April 6, 2015 |
It's a largely untapped market Realtors can only dream about: more than 80 million Americans ages 20 to 34, prime time for starting families and moving into their first homes. The youthful answer to the industry's prayers in a home-sale market recovering too slowly. Though Realtors and builders have their money riding on a bounce in 2015, they are acknowledging that most so-called millennials can neither afford houses nor want to buy them. Many millennials look at a house as "something you can get underwater on debt with and burn your fingers on if its value goes south," said Kevin Gillen, chief economist of Meyers Research and senior research fellow at Drexel's Lindy Institute for Urban Innovation, who tracks the Philadelphia region's real estate market.
February 16, 2015 |
One in a continuing series spotlighting real estate markets in the region's communities. East Bradford Township is "one of the most desirable places to live in Chester County," says Kit Anstey, of Berkshire Hathaway Home Services Fox & Roach Realtors. He should know: It has been his home for 40 years. To be honest, Anstey's connections here go back three years more, to 1972, "when I joined the Radley Run Country Club. " He has owned two houses in his time in East Bradford, which is west of West Chester but east of West Bradford Township.
January 26, 2015 |
One in a continuing series spotlighting real estate markets in the region's communities. Horsham is "a little different market" when compared with surrounding communities, veteran real estate agent Gary Segal says. For one thing, he notes, even in the off-season that runs from just before Thanksgiving to a week after Super Bowl Sunday, the market here is "fairly hot. " Says Segal: "I sold a couple of real good ones" - including newly constructed houses, which command the top prices in any market - "that brought the second-highest price in Horsham this year to a [relocation]
January 12, 2015 |
One in a continuing series spotlighting real estate markets in the region's communities. Like love and marriage, West Goshen and West Chester go together like a horse and carriage. It's not that West Goshen Township, which surrounds the Chester County seat, can't stand on its own. It's simply that West Chester's growing restaurant scene and other amenities have made it a destination for those living in the towns nearby. The fact that West Goshen is just minutes away from the borough's downtown gives its residents a head start on parking.
January 10, 2015 |
Sustained recovery continues to elude the real estate market, and policymakers are turning for help once again to the lower-income, first-time home buyer. The latest step, announced by President Obama on Thursday, is the Federal Housing Administration's reduction, by a half-percentage point, of the annual insurance premium on a 30-year mortgage with a down payment of less than 5 percent. FHA says the average annual savings, $900, will push 250,000 more first-timers into home ownership.
September 20, 2014
ISSUE | DEATH PENALTY Misplaced mercy It is appalling how many tears are wasted on this filth ("Rethink executions," Sept. 17). How about giving the same respect to the victims and their families by mentioning names, ages, and the nature of the crime in editorials and letters? Oh, and what sentence would you recommend to the jury for the convicted murderer who killed you? |Edward Rock, Collingswood Leave cell door ajar Life without parole is called death by incarceration, and it precludes redemption ("Rethink executions," Sept.
September 15, 2014 |
One in a continuing series spotlighting real estate markets in the region's communities. Before we pull into Parkesburg on Amtrak's Keystone Service to Harrisburg, here's a trivia question: In what movie did this Chester County borough's train station play a small, but important, role? The answer: Witness (1985). It is there that Amish passengers Rachel Lapp and her son, Samuel, begin an ill-fated train trip to Philadelphia, where the boy witnesses a murder. Although the station is closed, 49,000 travelers a year park in its lot and wait on its sheltered platform for one of the 26 trains that travel daily back and forth from Harrisburg to New York City.