April 30, 2013
D EAR HARRY: We are going to move to a retirement community this summer. Reluctantly, after 47 years, we are selling our lovely home. The problem we are facing is one of choosing a broker to represent us on the sale. The house is a semi-custom one we had built with small modifications to a builder's plan. Similar homes in the area recently have sold for about $225,000. Can you please tell us what we should look for in a real-estate broker? WHAT HARRY SAYS: The market in real estate has shown some renewed vigor in the last year.
January 26, 2013 |
Joseph J. D'Amico, 94, of Drexel Hill, who rose from humble beginnings to become a Realtor and insurance broker, died Monday, Jan. 21, of prostate cancer at his home. Mr. D'Amico, the eldest of seven children, was the son of a seamstress and a Sicilian shoemaker in Philadelphia. He worked alongside his father as a young man. He graduated from Overbrook High School in 1936. His first job out of school was laying steel track for the Pennsylvania Railroad; it was the hardest work he ever did, he later told family.
December 16, 2012 |
For many years, I made attending the annual gatherings of the nation's Realtors and home builders part of my schedule. Since 2009, however, I've been able to attend these events - confined to my two least favorite locations, Las Vegas and Orlando - from my office computer. It saves time and money, and it is, in a virtual sense, just like being there. This year, however, I was beginning to feel a bit out of the loop, and, needing a day at the beach even in December, I spent $10 on a round trip from Lindenwold to Atlantic City for the regional Realtors' convention.
December 10, 2012 |
ATLANTIC CITY - Five weeks after Hurricane Sandy scored a direct hit on the Ocean County shoreline, Linda Stefanik says Seaside Park still has "no electric, gas, or sewer, and no promise of repopulation until Dec. 31. " Most of all, the veteran real estate broker is tired of hearing the stretch of Shore from Point Pleasant south to Seaside Park described as "ground zero. " "It's a little overused," says Stefanik, who is also chairman of the New Jersey Real Estate Commission. Stefanik was in Atlantic City last week for "Triple Play," an annual convention that draws Realtors from New Jersey, Pennsylvania, and New York.
November 13, 2012 |
At the Jersey Shore this time of year, real estate agents usually find themselves beginning the annual ritual of linking next summer's vacationers with owners of second homes looking to rent them out for the season. But in Sandy-ravaged beach towns, some agents this year see a more urgent task - matching people displaced by the storm with owners of second homes willing to donate or rent their properties at reduced rates now. Jeff Quintin, an agent at Prudential Fox & Roach in Ocean City, sent an e-mail blast to his clients asking whether they would be willing to donate use of their vacation homes to storm victims.
August 16, 2012
Gov. Christie has named Eugenia "Jean" K. Bonilla, a Realtor from Delanco, to the New Jersey Real Estate Commission. The appointment of Bonilla, who is an associate broker with Prudential Fox & Roach in Mount Laurel, was announced Monday in Trenton. Bonilla was president of the Burlington-Camden County Association of Realtors in 2009 and its Realtor of the Year in 2008. She is active with the state Realtors' association. - Alan J. Heavens
August 10, 2012
Median existing single-family home prices are rising in more metropolitan areas, but a lack of inventory - notably in lower price ranges - is limiting buyer choices in an increasing number of markets around the country, National Association of Realtors said Thursday. Second-quarter median prices year-over-year rose in 110 out of 147 metropolitan statistical areas, including 2.6 percent in the Philadelphia region, based on closings. In the first quarter of 2012, there were 74 areas showing price gains from a year earlier, while in the second quarter of 2011 only 41 metros were up, the Realtors said.
May 4, 2012 |
Commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, the National Association of Realtors reported Thursday. "There have been notable improvements in capital for large commercial transactions valued at $2.5 million or higher, but there remain significant challenges for small business," said Realtors' chief economist Lawrence Yun. According to Real Capital Analytics, more than 13,000 major properties valued at $2.5 million or higher traded hands in 2011.
April 25, 2012 |
If you want to rile a New Jersey resident, two words will do it: property taxes. Most state residents — 89 percent of the 800 registered voters surveyed in early April by the state's Realtors, according to the poll's results — maintain that property taxes are too high, but they are less united about proposals to lower them. "Property taxes continue to be a major concern, even ahead of the economy and jobs," said Joe Goode, senior vice president of American Strategies, who has been conducting the poll for the New Jersey Association of Realtors for the last five years.
March 22, 2012 |
George Bard Ermentrout, 88, a Realtor and Bucks County community activist, died Sunday, Feb. 26, of heart failure at Chandler Hall in Newtown. Mr. Ermentrout, a native of Southampton, Bucks County, graduated from Abington High School. During World War II, he served in the 84th Infantry Division in Europe. In November 1944, the division met heavy resistance as it fought its way into Geilenkirchen, Germany, on the Würm River. A private, he was awarded the Bronze Star "for meritorious achievement in ground operations against the enemy.