United Real Estate® announced today that Pearson Smith Realty has merged with United’s national network. The alliance expands United’s and Pearson Smith Realty’s service footprint in Metro DC, Maryland, Virginia and West Virginia. The dynamic partnership brings together Pearson Smith Realty, the youngest company ranking among the Top 100 realContinue Reading
As a result of an out-of-court settlement with the township, AAVLBR Property is proposing to construct two buildings on Industrial Parkway with a combined size of 10 football fields. AAVLBR, of Englewood, is scheduled to appear before the township Planning Board on Aug. 9 with the proposal to develop 50.3Continue Reading
(Pa Associations of Realtors) Rising mortgage rates and record high home prices are causing the market to cool slightly. In June, the percentage of homes on the market receiving multiple offers fell below 50% for the first time in more than two years. Redfin found that 49.9% of offers receivedContinue Reading
The New Jersey Real Estate Commission (REC) has issued Bulletin 22-07, which clarifies how real estate teams can conduct business under existing REC statutes and rules. Please click the link to read the bulletin. Read more…Continue Reading
The number of homes sold throughout Ohio in June fell 6.8% from the pace set during the month a year ago, according to Ohio REALTORS. Homes sales in June 2022 reached 15,456, a 6.8% decrease from the 16,587 sales recorded during the month a year ago. However, the average salesContinue Reading
Pennsylvania will finally grant the tax deferral benefit of 1031 like-kind exchanges beginning in 2023. What does that mean for real estate professionals and their clients? A 1031 exchange allows the seller of business use or investment property to defer the gain when exchanging for another business use or investmentContinue Reading
In a case over a failed home auction, the New Jersey Supreme Court determined real estate auctions are not the same as typical property transactions and do not require a three-day attorney review. The six-member court said such a mandate would upend an auction’s intended finality with a top bid.Continue Reading
Pennsylvania again ranked in the top 10 states for internet crime last year, according to the FBI’s 2021 Internet Crime Complaint Center report. Victims’ losses totaled $207 million, up 90% over 2020. The number of victims of internet crimes in Pennsylvania dropped slightly to 17,262. The IC3 report showed realContinue Reading
The number of homes listed for sale in the Harrisburg, York and Lancaster areas dropped by an average of 5.7% in May versus May 2021, data from Redfin shows. The percentage of active home listings dropped the most in the 17317 ZIP code (East Prospect, York County) and 17024 ZIPContinue Reading
It’s an experience familiar to most agents: You’ve helped your client stage their home, promoted the listing and facilitated a showing, only for the hard work to result in nothing more than an uninterested buyer who leaves negative feedback. While you may accept that this comes with the territory, it’sContinue Reading