September 9, 2011

FHA Loan Limits Reduced Effective September 30th

FHA Loan Limits Reduced Effective September 30th Jason Griesser, mortgage broker extraordinaire, recently put a very important post up on his blog. Borrowers seeking to take advantage of historically low mortgage rates AND the FHA minimum down payment of 3.5%  will soon see the maximum loan amount then can get lowered.  The bottom line is that buyers currently looking will […]
September 7, 2011

Funding Shortfall Delays Renovation of Philadelphia’s Love Park

Funding Shortfall Delays Renovation of Philadelphia’s Love Park PlanPhilly.com reports that funding problems have the renovation of Love Park and the parking garage below it behind schedule already. The project’s financial requirements are in the $30-35 million range and the financing is not yet in place. Consequently the architecture and engineering consultant that was to be selected in April has […]
September 7, 2011

Philadelphia Preservation Alliance Compiling Annual Endangered Real Estate List

The Preservation Alliance for Greater Philadelphia  is currently compiling its annual list of Endangered Properties from nominations submitted by concerned citizens in the Philadelphia real estate community. The 2011 list will be released in December in an attempt to draw attention to historic real estate and to garner support for preservation. The Alliance has been distributing the annual list of […]
September 5, 2011

ESPN Names Chickie’s and Pete’s Best Sports Bar In North America

ESPN Names Chickie’s and Pete’s Best Sports Bar In North America South Philadelphia – Here’s how the website described the contest: “After sorting through 5,000 nominations and tallying up more than 15,000 votes, we are pleased to announce the winner of the 2011 Best Sports Bar in North America contest. Your winner is…Chickie’s and Pete’s in Philadelphia! We’ll be hosting […]
September 3, 2011

New Investors Attempt To Revive Foxwoods Casino

New Investors Attempt To Revive Foxwoods Casino According to Philly.com a new investor team is attempting to revive the Foxwood Casino project however gaming regulators in Pennsylvania claim they don’t have the authority or desire to reinstate Foxwood’s revoked casino license.  Foxwoods lost its license last December and they are now trying to extend their appeal in Pennsylvania Commonwealth Court.  […]
September 3, 2011

Philadelphia City OPA Officials ReAssessing Home Values

Philadelphia City OPA Officials ReAssessing Home Values According to Philly.com, Officials from the Philadelphia Office of Property Assessment (OPA) are finally hitting the streets to determine the market values of Philadelphia houses.  Inevitably this will mean higher property taxes for owners of Philadelphia real estate. “Chief Assessment Officer Richie McKeithen said that after a year of reviewing data and training […]
September 3, 2011

Philadelphia Real Estate And Beyond September 2, 2011

Philadelphia Real Estate And Beyond September 2, 2011 White House Housing Refinance Plan Supported – A possible White House effort to kick-start the moribund housing market by allowing homeowners to refinance won wide support from leading economists attending the Federal Reserve’s summer policy retreat. Support for the plan in Jackson Hole, Wyoming may reflect a bit of resignation from the […]
September 1, 2011

New Center City Philadelphia Restaurants

New Center City Philadelphia Restaurants Michael Klein wrote a great article that outlines the 60 new restaurants coming to Center City Philadelphia that included and interactive map! Not only does it include the names and locations, but also the project opening date. “Pockets of Center City, especially near Broad Street and Rittenhouse Square, are the hottest areas. The restaurant zone […]
August 31, 2011

More on Toll Brother’s Headhouse Square Project in Society Hill

More on Toll Brother’s Headhouse Square Project in Society Hill Society Hill – Coincidentally, Planphilly.com posted an article today on the Toll Brother’s Society Hill project I blogged about yesterday.  Here’s the latest update from their article. Toll Brothers wants to build a 70-unit, low-rise condominium on the site of the failed NewMarket development in Society Hill.  The location, between […]
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