Frank Jacovini's (philator) Blog

There is an old saying - "Opportunities are never missed.  Someone will take the one you miss."  Today's housing market might just be an opportunity you should examine before you believe the national media headlines.While sales of existing homes are off from their high, last year was still the fi...

A desire to own a home of their own and to establish a household are the reasons homeowners most often cite for purchasing a home, according to a recent consumer survey.Thirty-three percent of all buyers, and a whopping 70 percent of first-time buyers, express these as prime motivators in their q...

There is an old saying - "Opportunities are never missed.  Someone will take the one you miss."  Today's housing market might just be an opportunity you should examine before you believe the national media headlines.While sales of existing homes are off from their high, last year was still the fi...

Realtors build communities in part by expanding homeownership opportunities and getting people into homes of their own. Those are noble goals, but helping homeowners stay in their homes is also important to sustain those communities. In this marketplace of rising mortgage delinquencies and forecl...

 Greater Philadelphia Cares12th Annual Winter Coat DriveA warm coat is a necessity that is often taken for granted.  Not, however, by the many people who don't have one.  Join Greater Philadelphia Cares in there 12th Annual Winter Coat Drive as we spread warmth around the city.  Please drop off a...

Selection, selection, selection. There are about 2,400 resale homes on the market in South Philadelphia. Regardless of the price range a buyer desires, there are plenty of houses from which to choose. Just a few years ago the resale inventory dropped considerably. A buyer was forced to make compr...

South Philadelphia is the section of Philadelphia bounded by South Street to the north, the Delaware River to the east and south, and the Schuylkill River to the west. South Philadelphia is coterminus with the zip codes 19145, 19146, 19147, and 19148. As of the 2000 Census, the population was 162...

The Board of Revision of Taxes is prepared to roll out the Full Market Valuation system for assessing real estate taxes in the city of Philadelphia.  The expected date for citizens to receive the new tax bill might be in 2010, with notices being sent out in 2009.  A lot of work needs to be done f...

It was a long hot summer and we are still getting warm weather???Anyway the Fed has cute the prime rate, mortgage interest rates are down, inventory of existing homes hasn't been this high in over 4 years, prices are coming down and jobs/employment is strong in our area.  So why are people not bu...

Existing home sales feel 2.6% in April to an annual rate of 5.99 million compared to expectations for a rate of 6.12 million.  Existing home sales remain 10.7% lower than year ago levels.  The inventory of homes for sale shot 10.4% higher to 4.2 million properties which represents an 8.4 month's ...