Yearly Archives: 2010

HARRISBURG, PA - December 29, 2010 - (RealEstateRama) -- Pennsylvania Treasurer Rob McCord today announced new, innovative financing options available through the Keystone Home Energy Loan Program (HELP). Qualified Pennsylvania homeowners can now take advantage of lower-rate, fixed-term loans for whole home energy efficiency projects – upon completion of a home energy audit designed to identify the most effective energy conserving improvements in each home.

PHILADELPHIA, PA - December 15, 2010 - (RealEstateRama) -- An indictment was unsealed and a verified civil complaint was filed today against Anthony J. DeMarco, III and his real estate companies, DeMarco REI, Inc. (“DeMarco REI”) and OPM Group, LLC, (“OPM”), alleging a mortgage fraud scheme involving more than $30 million in loans, announced United States Attorney Zane David Memeger. The civil complaint seeks a temporary restraining order and preliminary injunction against defendant. It also seeks to forestall foreclosures against the victims.

December 7, 2010 - (RealEstateRama) -- State housing leaders will hold a press conference Tuesday, December 7 at 3:00 pm in the Capitol Media Center to urge quick approval of federal funding for the National Housing Trust Fund.

HARRISBURG, PA - December 2, 2010 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency today applauded the signing into law by Governor Edward G. Rendell of legislation enabling creation of a Pennsylvania housing trust fund

WASHINGTON, D.C. - December 1, 2010 - (RealEstateRama) -- The Philly Apartment Company, headquartered in Philadelphia, today announced the opening of a new Washington, D.C. office that will be led by Director of Sales Eric Suissa.

PHILADELPHIA, PA - November 29, 2010 - (RealEstateRama) -- The Federal Emergency Management Agency (FEMA) announced today the approval of a request from the state of West Virginia to extend FEMA’s temporary disaster housing program from November 15, 2010 to February 15, 2011.

November 18, 2010 - (RealEstateRama) -- An new study on vacant land in Philadelphia documents the huge costs to the city of vacant and blighted properties. Though the study looks specifically at Philadelphia, it serves to highlight the negative economic impact blight imposes on any municipality.

HARRISBURG, PA - November 9, 2010 - (RealEstateRama) -- As Veterans Day draws near, Pennsylvania Treasurer Rob McCord and his Unclaimed Property Return Team are working to help veterans organizations across the Commonwealth claim what is theirs – so far returning more than $73,000 in unclaimed property and identifying $14,000 more belonging to organizations.

PITTSBURGH, PA - November 9, 2010 - (RealEstateRama) -- A resident of New Brighton, Pa., pleaded guilty in federal court to a charge of bank fraud, United States Attorney David J. Hickton announced today. William Buchko, 59, pleaded guilty to one count before United States District Judge David Cercone

HARRISBURG, PA - October 28, 2010 - (RealEstateRama) -- Pennsylvania homeowners considering geothermal heat pump systems can now take advantage of a new and innovative financing package through the Commonwealth’s energy efficiency loan program, the Keystone Home Energy Loan Program (HELP), which combines a low-interest HELP loan with a companion loan given in anticipation of federal tax credits available for the installation of these fuel-conserving systems.

HARRISBURG, PA - October 27, 2010 - (RealEstateRama) -- PHFA honored the work of the state’s private sector housing counselors yesterday at the Hilton. These counseling agencies extend the work of PHFA by helping state residents with questions about homeownership and home foreclosure, working to inform consumers so they make educated housing decisions

Glenside, PA - October 7, 2010 - (RealEstateRama) -- Federal HEMAP is here - almost! HUD has announced their intention to begin taking applications from eligible homeowners for their new Emergency Homeowners Loan Program (EHLP) Program by the end of the year.

PHILADELPHIA, PA - October 5, 2010 - (RealEstateRama) -- Important emergency mortgage relief for unemployed homeowners is on the way under a major new federal program authored by Congressman Chaka Fattah (D-PA) and unveiled at a news conference Tuesday with Fattah and Deputy Secretary Ron Sims of the U.S. Department of Housing and Urban Development.

Harrisburg, PA - September 30, 2010 - (RealEstateRama) -- The House Finance Committee approved legislation authored by Rep. Stephen E. Barrar (R-Chester/Delaware) that would freeze property taxes for senior citizens.

PHILADELPHIA, PA - September 28, 2010 - (RealEstateRama) -- An indictment was filed today against Bernadette Nicholas, Kevin D. McAllister, and Wayne Rosen for engaging in schemes to defraud Wilmington Trust Federal Savings Bank and Malvern Federal Savings Bank involving properties valued at more than $35.5 million,

September 22, 2010 - (RealEstateRama) -- Metro Commercial Real Estate, Inc., the Philadelphia region's premier full-service retail real estate company, has negotiated a lease for the region’s largest home furniture and manufacturing company, Ashley Furniture, to occupy the former 33,000-square foot Circuit City at Lincoln Court located at 102 Alan Wood Road in Plymouth Meeting. The store is scheduled to open in December.

EUGENE, OR - September 15, 2010 - (RealEstateRama) -- IDX, Inc. is pleased to announce West Chester, Pennsylvania real estate agent Holly Gross has joined the ever expanding group of real estate professionals utilizing a customizable IDX solution to display thousands of properties online. Home listings from the Trend MLS can now be found seamlessly integrated onto the website of Gross, giving her clients a comprehensive database of homes to search through. Now, Gross and her clients can begin the property search process quickly and efficiently, thanks to her IDX enabled website

Lehigh Valley, PA - September 15, 2010 - (RealEstateRama) -- NAI Summit represented First Commonwealth Federal Credit Union in the sale of 2804 William Penn Highway.

Allentown, PA - September 10, 2010 - (RealEstateRama) -- The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2 billion, has announced the acquisition of an 84,000-square-foot retail building located at 1135 Airport Road in Allentown, Pa. from an affiliate of the Rosen Group, Inc.

Research consortium led by Penn State to receive up to $122 million in federal funding for "Energy Innovation Hub" at the Philadelphia Navy Yar