Need New Ideas for Landscaping Your Yard this Spring?

Need New Ideas for Landscaping Your Yard this Spring?
Well come to the Philadelphia Convention Center this Marc
h. The Philadelphia Flower Show begins its week-long exhibit Saturday, March 4th featuring thousands of exotic plants, rare flowers, and other stunning installations. This year’s theme, “Islands of Aloha” will transform the floor-space of the Philadelphia Convention Center into acres of lush Hawaiian gardens.

There are FREE lectures and demonstrations.

For ticket information …

Reimaging I-95 in Philadelphia, PA

Pennsylvania Department of Transportation (PENDOT) has 51 miles of I-95 scheduled for construction. The question is should Philadelphia reimage the three-mile stretch of Interstate-95, which divides Philadelphia center city from the Delaware River waterfront, in the near future. The hear what others had to say visit this article.

Top 3 Ways to Turn off a Home Buyer and a Home Seller

If you are a home sellers, below are 3 things to avoid:

1. Hanging out when buyers are viewing your home
2. Showing a messy house
3. Overpricing your home

If you are a home buyer, below are 3 things to avoid:

1. Unjustified, extreme lowball offers
2. Buyer-side mortgage fails
3. Bashing the seller’s home

To read more visit this article.

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Divine Lorraine: Is this Eye-Sore Going to Be Bought?

As mentioned in earlier posts, change is coming fast to the blocks around Broad Street and Ridge Avenue in Philadelphia, PA. Some Real Estate Developments are:

• North Broad St will be updated with new lights and landscape
• The conversion of a state office building into 204 apartments
• Pennsylvania Ballet project
• Mixed-Use and Retail

And then there’s the Divine Lorraine Hotel, the 10-story, graffiti-covered building that has been an empty eyesore since 1999. A Philadelphia Developer has an option to buy the building but this is the fourth time in recent years that someone has wanted to take over the building. Well keep you updated on this story.

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Mortgage Rates Establishing Several New Historic Lows

Attention Philadelphia Home Buyers….Mortgage rates broke another set of records during the week ended February 3, establishing several new historic lows. Some highlights from this mortgage rate article are:

• Rates for 30-year FRM with conforming loan balances of $417,500 or less decreased to 4.05 percent from 4.09 percent, with points increasing to 0.44 from 0.41 including the origination fee.
• Jumbo 30-year FRM, those with loan balances greater than $417,500, had averages rates of 4.29 percent with .43 point compared to 4.33 percent with 0.41 point.
• The rate for 30-year fixed-rate mortgages backed by the FHA decreased to 3.89 percent from 3.96 percent, with points increasing to 0.78 from 0.61.
• Fifteen-year FRM had an average rate of 3.33 percent, down 3 basis points from the previous week and points decreased to 0.37 from 0.41.
• The rate for 5/1 adjustable-rate mortgages (ARM) decreased to 2.91 percent from 2.94 percent, with points increasing to 0.40 from 0.39. The ARM share of mortgage applications was up to 6.0 percent from 5.6 percent the previous week.

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Projected That Bucks County, PA will grow 16% by 2040

Growth forecast by the DVRPC. To read more at PhillyBurbs...

·      Projected That Bucks County, PA will grow 16% by 2040

o  Warrington is expected to have the largest growth

o  Lower Southampton will see the lowest population growth

o  Bucks County PA had a growth spurt of 10.4 percent between 1990 and 2000

o  Bucks County PA grew 4.6 percent between 2000 and 2010

o  Bucks County PA most rapid growth came in the 1950s and 1960s

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