February 20, 2016 |
A Philadelphia woman and her son have been charged in an alleged scam to pose as Realtors and fraudulently sell or lease foreclosed real estate in South Jersey, prosecutors said Thursday. Lisa Smith, 51, and her son, Kristian "Frank" Edmonds, 28, had no legal right to sell, lease, or even enter the properties, the Camden County Prosecutor's Office said. Smith, whose broker's license was revoked for life in March 2010, allegedly posed as a real-estate agent in 2015 and took a $27,500 check from a victim for a property in Sicklerville.
January 28, 2016
A Ridley Township resident and Realtor has been named as the Republican nominee for the state House seat representing several Delaware County towns. Patti Rodger Morrisette, who works with Long & Foster Real Estate in Media, also volunteers as a Eucharistic Minister for Crozer Hospital. She is a former Republican committee woman and election machine inspector. Morrisette, a graduate of Ridley High School, is married and has two children. Democrat Leanne Krueger-Braneky, who won a special election in August after Republican Joe Hackett abruptly resigned the position, currently holds the seat.
December 21, 2015 |
As with so many things, it all depends on whom you ask. The National Association of Realtors says the number of first-time buyers in the U.S. market declined a full percentage point between July 2014 and June 2015. In its annual "Profile of Home Buyers and Sellers," the Realtors' group places the blame on prospective home buyers' continued difficulty in obtaining mortgages. The Realtors' call for looser lending standards is nothing new. It echoes the National Association of Home Builders' complaint that tight credit is keeping construction at very low levels.
December 9, 2015 |
OK, CALL IT far-fetched, but after his death on Thursday, Ed Devlin may have made it known how happy he was with the Eagles' victory over New England three days later. After Ed died, a Catholic priest who went to his bedside, told the family to expect a sign from Ed letting them know everything was all right. "While we were watching the Eagles game on Sunday, I suddenly knew what the sign was," said his brother, Terry. "It was the Eagles beating the Patriots!" Whatever, Ed certainly would have been thrilled by the unexpected victory.
December 4, 2015 |
J. Francis Mahoney IV, 69, of Wynnewood, a principal in a commercial realty firm, died Saturday, Nov. 28, of complications from cancer at Kindred Hospital in Havertown. Known as "Fran," Mr. Mahoney was born in Philadelphia, the eldest son of J. Francis Mahoney III and Margaret G. Mahoney, both physicians. He graduated from Malvern Preparatory School and the University of Pennsylvania. In the early 1970s, Mr. Mahoney started work at Albert M. Greenfield & Co. in Philadelphia, where he rose to become vice president of the industrial real estate department.
November 15, 2015 |
One in a continuing series spotlighting real estate markets in the region's communities. Unless you're a local, it's sometimes difficult to figure out where Folcroft begins and Glenolden ends. The opposite is true, too. But just as it was fun wandering around Glenolden on a warm day in late spring, a sunny and warm Tuesday in early autumn was perfect for exploring Folcroft. According to a sign along the borough's portion of Chester Pike, in Old English Folcroft means "leafy green meadow fields.
October 25, 2015 |
Staging has become part of the natural order in preparing a house for the market, an apparent no-brainer for sellers familiar with television's real estate shows. "Thanks to all of the HGTV programming, sellers these days have been introduced to the magic of staging before we meet, and, therefore, generally accept our advice to stage," said Mickey Pascarella, an agent with Keller Williams Real Estate in Center City. Martin Millner, an agent with Coldwell Banker Hearthside Realtors in Yardley, said, "Virtually every single seller I work with is willing to consider staging.
September 18, 2015 |
June Miller, 80, of Drexel Hill, a Realtor who created her own agency in Delaware County and nurtured it for more than 30 years, died Thursday, Sept. 10, of lung cancer at Delaware County Memorial Hospital. Born to the Thacher family in Stonehurst Hills, Delaware County, Ms. Miller moved to Springfield, where she graduated in 1953 from Springfield High School. She married Ken Miller from Upper Darby. The two divorced after a decade. They had no children. Ms. Miller started in the real estate business at Spano Realty in the late 1970s.
May 30, 2015 |
Martin J. Reddington, 76, of Ambler, a Realtor who owned and ran several businesses, and a force in Democratic politics in Abington Township, died at home Sunday, May 24, from skin cancer. Born in Philadelphia to John and Mary McCafferty Reddington, he grew up in Ambler, Chestnut Hill and East Germantown, and graduated from St. John's High School and La Salle University. In 1957, he met Eileen Brennan at a church dance. The two were married in 1961. Mr. Reddington served in the Air Force, and was honorably discharged.
May 17, 2015 |
Most of us believe in second chances. If we didn't, no one would ever show up at a Phillies game. The second chance I'm talking about, however, is for someone who has lost his or her house as the result of foreclosure. It's been about nine years since the start of the U.S. foreclosure crisis, which peaked at 7.7 million houses in foreclosure in 2012. With the passage of the years, once-distressed homeowners with restored credit are reentering the housing market, even though damaged credit profiles and lender rules will greatly restrict the overall share of those eligible to buy. According to the National Association of Realtors, California, Florida, and Arizona, where the foreclosure crisis started, are expected to have the largest share of return buyers within the next decade.