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HUD encourages use of 203(k) loans

Posted Wednesday, June 14, 2023 By Pete Kennedy

HUD's 203(k) program enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage, or to finance the rehabilitation of their existing home. More information ...

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Federal Issues

Fairhaven is still welcoming visitors

Posted Friday, July 1, 2022 By Pete Kennedy

Fairhaven is a fictitious town in an online simulation created by the National Association of Realtors. In Fairhaven, Realtors are put to the test virtually while encountering discrimination throughout various real estate scenarios. Described as ...

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Federal Issues

Is there one proper way to calculate square footage?

Posted Friday, May 27, 2022 By Pete Kennedy

A Realtor recently reached out to us to ask if there was one proper way to calculate square footage. An article in Realtor magazine (published in May 2021 and updated in 2022), titled Why Do Square Footage Disputes Arise?, provides some answers:As ...

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Federal Issues

New Congressional District Maps Released

Posted Friday, February 23, 2018 By Pete Kennedy

Update 3/20/2018: The U.S. Supreme Court and a federal district court both rejected lawsuits to overturn the revised Pa. congressional map. Read about the rulings here: https://goo.gl/TM3vT6 The Pennsylvania Supreme Court on Feb. 19, 2018, released ...

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Federal Issues

A Strange Thing: Tax Breaks for Private Jet Owners

Posted Friday, November 17, 2017 By Pete Kennedy

Fans of the Netflix show Stranger Things might feel like they've entered the murky world of The Upside Down as they read over details of tax reform bills in Congress now.Case in point: the Senate tax reform bill, dubbed the Tax Cuts and Jobs Act, ...

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Federal Issues

Tax Reform Would Hit Pennsylvania Homeowners Hard

Posted Thursday, November 16, 2017 By Pete Kennedy

The National Association of Realtors® engaged KSE Focus to analyze the impact of the mortgage interest and real estate tax deductions in all 50 states and the District of Columbia. The results show that Pennsylvania homeowners would be hit hard ...

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Federal Issues

Tax Reform Shouldn't Harm Homeowners

Posted Tuesday, October 17, 2017 By Pete Kennedy

Homeownership is the foundation of the American economy, HUD Secretary Ben Carson said at a forum on June 1. Unfortunately, that sentiment is not reflected in tax reform proposals being pushed in Washington today. On June 24, Congressional ...

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