Residential Sales

NEW YORK NY – The previously high-growth $7.4 billion market for home organization and storage has slowed down due to the housing collapse and enduring economic problems, according to “Home Organization in the U.S: General Purpose, Closet, Garages, and Storage Sheds,” a report released Monday (Nov. 14, 2011) from a market research firm called Packaged […]

BENSALEM PA – The downturn in the U.S. housing market has given home-builders an opportunity to reinvent themselves, a company president told those in attendance at the annual fall meeting of the Urban Land Institute, because “builders won’t make money doing things the way they used to,” Orleans Homes CEO George E. Casey Jr. said. […]

WASHINGTON DC – Proposed legislation that would guide federal and state banking regulators on easing the flow of acquisition, development and construction credit, intended to benefit home builders who find it increasingly difficult to assemble funds for new projects, is just what the housing industry needs, according to the National Association of Home Builders. The […]

WASHINGTON DC – Things are looking up nationwide for growth in new and existing apartments, condominium buildings, and other forms of multi-family housing, the Washington-based National Association of Home Builders said Thursday (March 10, 2011). The association announced that two key measurements it tracks to determine multi-family trends – the Multifamily Production Index, which gauges […]

HARRISBURG PA – Home builders are applauding passage of a bill Monday (March 7, 2011) by the Pennsylvania House to repeal the state’s home sprinkler mandate, and called for quick action by the state Senate, according to The Pittsburgh Tribune-Review newspaper. “We are pleased by the large and bipartisan support to remove this costly and […]

ALLENTOWN PA – As homeowners around the country continue to struggle to fend off foreclosure proceedings, a working group of attorneys general and banking officials from all 50 states has been gathering evidence in a probe of potentially improper or illegal lending and servicing practices, according to an article written by reporter Tim Darragh and […]

WASHINGTON DC – McMansions may be a thing of the past. The U.S. Census Bureau reports the average size of a new home dropped by more than 2,000 square feet in 2009. Some speculate the cause is downsizing due to tough economic times. Read the story, published by WFMZ-TV of Allentown PA, here.

LOS ANGELES CA – OK, here’s the pitch. You’re a first-time home seller; that buying thing has been so-o-o-o done to death already. And you’re located in the eight-county Philadelphia area. And you want to be on television in one of those prime-time reality shows. Here’s your chance for 15 minutes – no, wait, make […]

LOS ANGELES CA – Asian Americans face the same obstacles in buying homes as their Hispanic counterparts – primarily language and cultural barriers – but may not be as well-served by the real estate community, according to a new study. The study, released Nov. 8, 2004, by UCLA’s Asian American Studies Center and titled “Dispelling […]

CALGARY, CANADA – Some homes are literally going to pot. Canadian real estate agents in two different cities recently were warned to guard their clients’ interests if they consider buying property where police arrested previous occupants for growing marijuana indoors. One police chief claimed such home-grow operations could turn homes into “toxic chemical wastelands.” A […]