A proposed residential real estate development in Upper Macungie, Pennsylvania, northwest of Philadelphia, has received conditional approval, despite the objections of area residents.
A seller and a prospective buyer who both want a Pennsylvania house preserved as a historic site are stuck in a stalemate over a potential real estate sale, with the seller eager to close the deal and the buyer insisting on assurances of zoning variances from the borough before finalizing a contract.
Residential real estate transactions continued to edge up at the end of 2011 in Philadelphia, giving sellers and real-estate agents hope that perhaps recovery is on the horizon for the housing market. But it is important to note that full recovery is still a ways down the road.
A prime piece of residential real estate will reportedly hit the Philadelphia market when one of the city's largest homes goes up for sale.
If research in a new study is accurate, a Philadelphia residential real estate buyer may think twice before buying a home near a billboard. An urban-planning study suggests that billboards and high home values do not mix.
Arguments over zoning laws are regularly heard when neighbors oppose a commercial venture entering a residential community. In Philadelphia's South Street neighborhood, however, business leaders are against having residential neighbors.
The mayor of Philadelphia says the city's empty and under-maintained properties are destroying neighborhood property values. The official has announced a new plan to send noncompliant owners of neglected commercial and residential real estate to "blight court."
Nearly $56 million dollars surfaced in the lengthy investigation of 13 bank accounts overseen by the Philadelphia Sheriff's Office. Much of the money was accumulated over the last dozen years and was labeled as unclaimed proceeds from sheriff-imposed real estate sales.
Pontiac Avenue has some unusual occupants, and some Southwest Philadelphia residents are not happy about it. After multiple attempts to try and evict the unwanted occupants from the neighborhood, complaints about zoning laws are rising to accompany the case.
Legislation has been drafted to makeover Pennsylvania's collection laws for property tax delinquency. The real estate bill's author, state Rep. Chris Ross (R., Chester), wants to streamline the way municipalities throughout Pennsylvania handle tax-challenged property owners.