Hearthside Happenings

Bucks County Commissioners Approve Federal HUD Grants

The Bucks County Commission voted to approve a plan to distribute more than 3 million dollars, what does this mean for Bucks?
Posted by Joe Carelli on July 12, 2019 in  bucks county  Coldwell Banker  Coldwell Banker Hearthside  industry news  pennsylvania  real estate
Bucks County Commissioners Approve Federal HUD Grants The Bucks County Commission voted to approve a plan to distribute more than 3 million dollars in grants from the Department of Housing and Urban Development. These grants are provided to the county by HUD to help alleviate housing pressures. While low-income Bucks County residents and senior citizens are the primary beneficiaries, HUD projects often act to beautify and uplift communities through the economic benefits of new development and long-term housing sus... read more
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How Recent Lehigh Valley Economic Growth Will Affect Housing Prices

Lehigh Valley ranks among the top 5 fastest growing regions in the US, how will economic growth affect home prices?
Posted by Joe Carelli on May 09, 2019 in  economy  industry news  lehigh valley  pennsylvania  real estate  Real Estate Market  Trends
How Recent Lehigh Valley Economic Growth Will Affect Housing Prices Site Selection Magazine recently reported that the Lehigh Valley ranks among the top 5 fastest growing regions in the United States with less than 1 million people. This area has developed a great deal over the past 2 decades and is in a much better financial position than at any time in recent memory. What many residents are wondering is: How will economic growth in the Lehigh Valley affect home prices? What is Driving Lehigh Valley Economic Gro... read more
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How Opportunity Zones Will Change the Philadelphia Real Estate Market

In 2017 Congress passed the TCJA impacting the future of Philadelphia's Real Estate Market.
Posted by Joe Carelli on May 04, 2019 in  Brewerytown  Francisville  industry news  Kensington  Opportunity Zones  Philadelphia  Philly  Real Estate Market  Tax Cuts and Job Acts of 2017  Trends
In 2017 Congress passed the TCJA, or Tax Cuts and Jobs Act of 2017. This wide-ranging legislation affected many industries, but the real estate sector saw some of the most significant changes. The bill called for the creation of real estate "Opportunity Zones."  These zones are underdeveloped areas where the federal government plans to deploy tax benefits to developers and investors to encourage economic growth in low-income communities. Philadelphia has several new opportunity zone projects that have already... read more
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March 2019 Market Update March is an exciting time as we officially bid goodbye to winter and hello to spring! It’s a month filled with St. Patrick’s shenanigans, March Madness and getting back outside. Let’s peek in at what was going on this year in the March Market compared to 2018. WHAT’S HAPPENING NOW: “No surprise here that inventory shortage remains to be the key point of discussion for buyers and sellers, as it has been the past two years. We are observing the pace of inventory... read more
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