By ERIN FLYNN JAY As fall approaches real estate professionals are taking a pragmatic approach as they wait for buyers and sellers to gain more confidence. Gary Mintz, a realtor with Berkshire Hathaway HomeServices Fox & Roach in Philadelphia, said business was at best okay for the first half of 2024. “I am ‘hopeful’ that I…
By ERIN FLYNN JAY Holiday home shoppers who are sensitive to mortgage interest rates near 8% may resist the idea of buying before Thanksgiving, hoping that Santa Claus brings relief, but is waiting until Christmas the answer this season? On Wednesday, the Federal Reserve held its target range for the federal funds rate at 5.25%…
By ERIN FLYNN JAY The city of Philadelphia, like many other communities in the country, is caught in a balancing act. High rents and a lack of affordable housing are a problem, but at the same time, building reduces much-needed green spaces for residents. What are city leaders doing to tackle these issues? Vern Anastasio,…
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