Floods, Floodplains And Houses

By admin

* Homeowner’s insurance does NOT cover floods * Nothing in a basement is covered by flood insurance * Flood insurance pays out a maximum of $250,000 over the life of the property Floods are one of the most common hazards in the United States. Flood effects can be local, impacting a neighborhood or community, or very large,...
Read more »

The Real Estate Market

By admin

WASHINGTON, DC –The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the January edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. Data in the January Housing Scorecard underscore...
Read more »

More About Flood Insurance

By admin

Windsor, Conn. — While flood insurance is not mandatory for homeowners outside of a high-risk area, anyone can be financially vulnerable to floods. People outside of high-risk areas file more than 25% of NFIP claims and receive one-third of disaster assistance for flooding. Residential and commercial property owners who are not located in high-risk...
Read more »

Pennsylvania Real Estate Licensees

By admin

Real estate licensees have five months remaining to earn 14 hours of continuing education (CE) credit before the State’s Real Estate Commission’s license renewal deadline of May 31, 2012. New licensees who received their licenses between Dec. 1, 2009 and Nov. 30, 2011, are required to take 14 hours of CE in specific, mandatory commission-developed...
Read more »

Earthquake Insurance After Virginia Quake

By admin

Most homeowners in the Northeastern United States did not think they needed to worry about their homeowner’s insurance covering damage from an earthquake; however, most homeowner’s insurance does not cover earthquakes. After the 2011 earthquake in Virginia, FEMA has issued the following statement: Common Misunderstandings Could Delay or Limit Your Assistance Virginia’s earthquake declaration has spanned five...
Read more »

Existing-Home Sales Show Uptrend

By admin

Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®. The latest monthly data shows total existing-home sales1 rose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December from a downwardly revised 4.39 million in...
Read more »

Homebuyer’s First Steps

By admin

Mortgage rates are at 50-year lows – the 30-year fixed-rate mortgage averaged 3.95 percent at the close of 2011 – making homeownership more affordable than ever for families with a stable income and good credit. But before you begin house hunting in earnest, it’s important that you get the facts about buying a home...
Read more »

Montgomery County Real Estate

By admin

Montgomery County Recorder of Deeds NANCY J. BECKER is urging recorders/registers of deeds across state and the country to withdraw public money from any banks affiliated with the Mortgage Electronic Registry System (MERS), which she claims is undermining the practice of accurate land recording. In recent years, mortgages have been assigned and...
Read more »

The Future Of Housing

By admin
The Future Of Housing

Six Key Principles for the Future of the Housing Finance Market By Feddie Mac  CEO Ed Haldeman Freddie Mac was chartered by Congress in 1970 with a public mission to stabilize the nation’s residential mortgage markets and expand opportunities for homeownership and affordable rental housing. Our statutory mission is to...
Read more »

New Residential Construction

By admin
New Residential Construction

Building Permits, Housing Starts, and Housing Completions or the letters indicate a document is in the Microsoft® Excel® Spreadsheet Format (XLS). To view the file, you will need the Microsoft® Excel® Viewer available for free from Microsoft®. or denotes a file in Adobe’s Portable Document Format. To view the...
Read more »

Existing Home Sales

By admin

Washington, DC, November 21, 2011 Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 1.4 percent to a seasonally adjusted annual rate of 4.97 million in October...
Read more »

Houses for Sale by the U. S. Government

By admin
Houses for Sale by the U. S. Government

The HomeSales.gov web site provides current information about single family homes for sale by the U.S. Federal Government. These previously owned homes are for sale by public...
Read more »

RSS Greater Philadelphia Region

  • ID Theft and Tax Refund Scheme
    HARRISBURG, PA — Agents from the Attorney General’s Bureau of Criminal Investigation have filed charges against a husband and wife from Georgia, along with a Pittsburgh area man, accused of operating a multi-state scheme to fabricate Pennsylvania state tax returns and apply for bogus refunds by stealing the identities of prison inmates from across the [...] […]
  • Summer Youth Program
    Philadelphia, PA – During the British American Business Council (BABC) Breakfast with His Royal Highness The Prince Edward in attendance, Mayor Michael A. Nutter announced that pharmaceutical and healthcare company GlaxoSmithKline (GSK) and The Philadelphia Foundation will provide $1 million in grants to support WorkReady Philadelphia programs. “This grant w […]