PHA Earns High Marks, Despite Multiple Investigations
Article from nbcphiladelphia.com The Philadelphia Housing Authority earned high marks for its financial performance after an annual audit, despite ongoing federal probes of secret legal payments and alleged slush funds. The audit figures released Friday show the agency’s revenues, assets and cash flow all increased last year. However, a more extensive audit by the U.S....
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Philly's $56 Million Bounty Found By Audit of Sheriff's Office
Sheriff’s buried bounty: $56M Audit of department’s coffers finds that sum – & at least half of it goes to taxpayers Article From: Philly.com By: William Bender SOME PEOPLE find loose change in between their couch cushions or under the fridge. The city Sheriff’s Office found $56 million. To be exact, it’s $55,936,154.16 in 13...
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Philadelphia Commercial Real Estate.. Possible Recovery?
A turnaround in commercial real estate? Article From: Philly.com By: Chris Mondics Talk of an impending recession aside, can a recovery in commercial real estate be far behind if a Center City law firm that for the past few years has been touting its distressed real estate practice announces that it has established a new...
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New Camden (NJ) Based Real Estate App Brings In Investors
Article From: www.Philly.com By: Joseph N. DiStefano Camden-based Smarter Agent says it has raised $6 million this year to boost sales of its smartphone app for real estate agents. Backers include Philadelphia investor Ira Lubert, Reed Smith attorney (ex-Morgan Lewis chairman) Howard Schechter,Boku Inc. boss Mark Britto, and Alex Wasilov, the ex-Eastman Kodak executive, among others. “We’ve raised $18.2 million since...
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New PA Ruling Could Threaten Philly's Real Estate Income
Pa. ruling on assessment math could threaten Philly’s real-estate income Article From: Philly.com By: Catherine Lucey NEW STATE property- assessment data could cost the city big bucks in tax appeals, according to a local real-estate attorney. City officials must figure out how to deal with a ruling from a state board that means the percentage...
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10 Amazing Neighborhoods You Could Consider Calling Home
Article From: Phillymag.com By Lauren McCutcheon & Christine Speer 10 Awesome Neighborhoods To Call Home If the tanking of the real estate market has taught us anything, it’s that a house isn’t an investment. It’s a home — a place to retreat to at the end of the day, to raise your kids and hang...
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The Price Is Right..? Do Your Homework!
Home Economics: Figuring out when the price is right takes homework By Alan J. Heavens Article from Philly.com During the housing boom, many real estate agents found it extraordinarily tough, if not impossible, to come up with even ballpark asking prices for their listings. “Values were increasing at a pace we had never seen in...
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Smart Shopping Tips From The Pros
Home Economics: Shopping tips from the real estate pros By Alan J. Heavens Article from Philly.com The situation: You want to make some improvements to your house, but don’t want to spend money you don’t have. Nor do you want to waste the money you do have by buying something inappropriate for your needs. A...
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Real Estate: Is This The Right Time To Buy?
Article by: Erik J. Martin To read more click: Click here! Article from Philly.com For buyers looking to snag the lowest possible price, a foreclosed home just might be the way to go. According to data from RealtyTrac, buyers who purchased a foreclosed home in 2010 received a discount 28 percent lower than the average sales...
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Importance Of Walkability Scores
The Walk of the Town: Philly’s Most Walkable Properties Source: (blog.sommersteam.com) Why is walkability so important? Well, I don’t know about you, but I’d rather not spend all of my time in traffic – waiting, spending money on gas, stressing the environment, and sitting when I could be getting some exercise. So what’s nearby? Are...
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