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Monday February 13, 2012

Delaware Real Estate Market News

Delaware Real Estate Agents | Delaware Homes for Sale | Delaware Housing Resources | Delaware Real Estate News
01/21/2012 - Delaware Home Sales Flat, Prices Down in December
  • Prices continued their downward drift, and sales were generally flat last month, but Delaware Realtors say they are sensing a slowly growing vigor in the residential real estate market.

  • 01/17/2012 - Solyndra fails to garner bids for sale
  • WILMINGTON, Delaware (Reuters) - Solyndra LLC failed to attract any bids on Tuesday from buyers who could have restarted production, brought back some laid off staff and kept the bankrupt solar panel maker operating, according to a company adviser. Solyndra, which owes more than $500 million (325 million pound) to the U.S. government, has said a turnkey buyer is the best hope for getting the ...

  • 01/18/2012 - Brandywine Country Club sold to real estate developer
  • Real estate developer Louis Capano has signed an agreement to buy the 111-acre Brandywine Country Club property, one of the last large open spaces remaining in northern Delaware's Brandywine Hundred.

  • 01/13/2012 - Couple stole $30,000 worth of appliances from vacant homes
  • A couple accused in a string of burglaries made off with more than $30,000 worth of appliances from vacant and for-sale homes in Franklin, Delaware and Union counties.

  • 01/10/2012 - The troubled history of PIP’s implants man in America
  • WILMINGTON (Delaware), Jan 10 — When the French firm at the centre of a breast implant scandal sought to expand its US business a decade ago, it turned to Donald McGhan, a pioneer in the implant industry with a history of legal troubles. McGhan’s career traces back to the laboratory at Dow Corning where the first breast implants were made in the ...

  • 01/10/2012 - Exclusive - The troubled history of PIP's implants man in U.S.
  • WILMINGTON, Delaware (Reuters) - When the French firm at the centre of a breast implant scandal sought to expand its U.S. business a decade ago, it turned to Donald McGhan, a pioneer in the implant industry with a history of legal troubles. McGhan's career traces back to the laboratory at Dow Corning where the first breast implants were made in the early 1960s. ...

  • 01/09/2012 - AG: Capital district administrators' raises were illegal
  • The Office of the Attorney General has determined that the Capital School District violated Delaware’s Freedom of Information Act when its board of education approved pay raises for administrators as a last minute agenda item in August.

  • 01/10/2012 - Exclusive: The troubled history of PIP's implants man in America
  • WILMINGTON, Delaware (Reuters) - When the French firm at the center of a breast implant scandal sought to expand its U.S. business a decade ago, it turned to Donald McGhan, a pioneer in the implant industry with a history of legal troubles. McGhan's career traces back to the laboratory at Dow Corning where the first breast implants were made in the early 1960s. ...

  • 01/10/2012 - Exclusive - Troubled history of PIP's implants man in America
  • WILMINGTON, Delaware (Reuters) - When the French firm at the centre of a breast implant scandal sought to expand its U.S. business a decade ago, it turned to Donald McGhan, a pioneer in the implant industry with a history of legal troubles. McGhan's career traces back to the laboratory at Dow Corning where the first breast implants were made in the early 1960s. ...

  • 01/04/2012 - Humboldt plant property sold for $33 million
  • In probably the costliest Schuylkill County real estate transaction in the last decade, a Delaware trust has spent $33 million to buy the Humboldt Industrial Park property occupied by Cargill Meat Solutions Corp.The purchase means 6

  • 12/21/2011 - PBF Announces Major Project at the Delaware City Refinery
  • PBF Holding Company LLC and Delaware City Refining Company LLC today announce the PBF Clean Fuels Project. PBF’s Board of Directors conditionally approved the construction of a $1 billion project consisting of a mild hydrocracker and hydrogen plant which will be built at its Delaware City Refinery.

  • 12/19/2011 - Ohio company sells South Scranton nursing home for $6.5 million
  • City nursing home sold for $6.5MSCRANTON - An Ohio company has sold a South Scranton nursing home to a Delaware corporation for $6.5 million.Scranton Real Estate Group LLC sold the Scranton Health Care Center to McCarthy Street Property LLC.Scranton H

  • 12/14/2011 - Property tax increase and decrease planned for 2012-13
  • Residents in the Unionville-Chadds Ford School District will see an increase in next year's tax bills in Chester County, while Delaware County residents will see a slight decrease.

  • 12/14/2011 - ChesCo residents to see tax increase in U-CF
  • Residents in the Unionville-Chadds Ford School District will see an increase in next year’s tax bills in Chester County, while Delaware County residents will see a slight decrease.

  • 12/08/2011 - Gradkowski named to All-American team
  • NEWARK -- University of Delaware senior offensive lineman Gino Gradkowski has been named to the American Football Coaches Association's Division I FCS All-American team.

  • 12/08/2011 - Hens fall flat in loss to Penn at Palestra
  • PHILADELPHIA -- Delaware went into halftime with some late momentum and then took its first lead over Penn on its first possession of the second half Wednesday night.

  • 12/07/2011 - Sea level along coast rises at steady pace
  • Delaware stands to lose about 95 percent of its coastal wetlands, like those at Prime Hook National Wildlife Refuge just west of Broadkill Beach, during the next 100 years in the worst-case scenario.

  • 12/05/2011 - DELAWARE: For state's same-sex couples, end of wait near
  • Norman Spector was in the state House of Representatives chamber last April when -- after hours of testimony and years of debate -- Speaker of the House Bob Gilligan slammed down his gavel and declared Delaware's adoption of same-sex civil unions.

  • 11/30/2011 - DELAWARE: A grim glimpse into coastal future
  • Delaware stands to lose about 95 percent of its coastal wetlands, like those at Prime Hook National Wildlife Refuge just west of Broadkill Beach, during the next 100 years in the worst-case scenario.

  • 11/22/2011 - National MS Society Chapter Elects New Trustees
  • PHILADELPHIA, PA-- - The Greater Delaware Valley of the National Multiple Sclerosis Society is pleased to announce the appointment of four new members to its Board of Trustees. The candidates were unanimously ...

  • 11/15/2011 - Curious George getting healthier
  • Curious George, the once-emaciated young pit bull terrier rescued by a passerby in Lower Chichester, has gained 22 pounds since arriving at the Delaware County SPCA on Oct. 31.

  • 11/12/2011 - Delaware Co. ponders tax hike to pay settlement
  • SHEILA STOGSDILL The Oklahoman JAY, Okla. The chairman of the Delaware County Democratic Party said he favors raising sales taxes for three years to help pay off a multimillion-dollar lawsuit against the county sheriff's office. Michael Sperry made the comments Friday at a county meeting he organized to discuss the feasibility of financing the $13.5 million judgment with a sales tax. Sperry said ...

  • 11/10/2011 - Evolution Craft Brewing Company headed to Maryland
  • Evolution Brewing Craft Company will move to Maryland from Delaware next February, the company has confirmed.

  • 11/08/2011 - Syms, Filene’s Basement Seek to Liquidate in Bankruptcy
  • Syms Corp. and its Filene’s Basement LLC affiliate filed for bankruptcy in Delaware, the third time Filene’s, the century-old clothing chain, has sought protection from creditors.

  • 11/07/2011 - West Side home buyers and an East Side businessman.
  • The Elmwood Avenue Village and beautiful wide streets of the Delaware District in Buffalo are so attractive real estate values are being pushed up in a widening area around them. Lately eager home buyers have discovered the streets just west of Richmond Avenue in Buffalo, and prices are climbing.

  • 11/06/2011 - Businesses move to Delaware
  • DELMAR -- Delaware has long been known as a business-friendly state, and with lower taxes on many products, those close to the Maryland-Delaware border have often crossed state lines to buy everything from bottles of wine to cartons of cigarettes.

  • 11/03/2011 - GOP county council hopefuls detail economic plan
  • While the Republican candidates for Delaware County Council have introduced an economic development and jobs plan, some experts noted that economic improvement depends largely on what happens at the national level.

  • 11/02/2011 - Syms, Filene's Basement file for bankruptcy
  • (Bloomberg) - Syms Corp. and its Filene's Basement affiliate filed for bankruptcy in Delaware, the third time Filene's, the century-old clothing chain, has sought protection from creditors. The company listed assets of $236 million, including $97.7 million in real estate inventories, and liabilities of $94 million, according to a statement filed with the Chapter 11 petition Wednesday in U.S ...

  • 10/30/2011 - PhillyDeals: Girard investments recover, but school still shrinks
  • Stephen Girard, early Philadelphia's self-made millionaire global trader, energy and transport pioneer, war financier, and vegan slaveholder, left most of his $10 million fortune to the city, so it could build Delaware Avenue, hire cops, and fund other public projects - especially the Girard College for orphans.

  • 10/26/2011 - Divisions remain after ugly battle
  • WILMINGTON -- John Danzeisen walked out of New Castle County Council chambers just at 11:30 p.m. Tuesday, personally battered by the past few weeks of intense debate over rezoning a piece of prime real estate on the edge of Delaware's Chateau Country.

  • 10/26/2011 - Occupy Delaware considers camp
  • A group of about one hundred people gather at Rodney Square for an Occupy Delaware rally against financial inequality. / SUCHAT PEDERSON/THE NEWS JOURNAL

  • 10/18/2011 - Lack of lab space hurts Delaware biotech firms
  • SDIX, a Newark firm that sells testing systems that screen for salmonella in food and toxins in water, is one of Delaware's most innovative companies.

  • 10/16/2011 - W/R REPORT: Push to occupy building raises a lot of questions
  • At times during last Thursday's meeting of the Delaware County Board of Health, department administrator Joshua Williams sounded like a real estate agent urging a reluctant buyer to close a sale.

  • 10/10/2011 - Crews tear down abusive Del. pediatrician's office
  • Construction crews have demolished the Delaware office complex where former pediatrician Earl Bradley sexually abused scores of young patients.

  • 10/10/2011 - Crews demolish Delaware office of pediatrician convicted of raping patients
  • LEWES, Del. — Construction crews have demolished the Delaware office complex where former pediatrician Earl Bradley sexually abused scores of young patients. Bradley was sentenced in August to 14 life sentences without parole for 14 counts of first-degree rape. He also was sentenced to more than 160 years in prison for multiple counts of assault and sexual exploitation of a child. Read full ...

  • 10/09/2011 - Father, sons face uncertain future as ConocoPhillips plans to shut down if no buyer is found by end of the year
  • The sign hangs next to the Halloween decorations in the bay window on Susan Lane in Brookhaven as evidence of the struggle arising to save hundreds of refinery jobs in Delaware County.

  • 10/06/2011 - Mayor Nutter and the Delaware River Waterfront Corporation Light the Way to Connect Philadelphia to the Delaware River
  • PHILADELPHIA, PA--(Marketwire - Oct 6, 2011) - This evening, Mayor Michael A. Nutter and the Delaware River Waterfront Corporation (DRWC) officially lit the first phase of the Race Street Connector Project, a combination of design elements and public art built to enhance the quality and the ease of access from Old City to the Race Street Pier and the riverfront. The enhancements include ...

  • 10/07/2011 - PBF Celebrates Successful Restart of Its Delaware City Refinery
  • PBF Holding Company LLC and Delaware City Refining Company LLC (together "PBF) today announced the ...

  • 10/03/2011 - Governor receives notice of Delaware disaster declarations
  • DOVER — In response to requests from Governor Jack Markell, the Obama administration and the U.S. Department of Agriculture have separately approved disaster declarations that bring assistance to Delawareans from damages incurred in the wake of Hurricane Irene and from drought conditions over the entire summer that affected Delaware’s agricultural community.

  • 09/29/2011 - Pathways to honor Trailblazers
  • Pathways Pa., which offers services and advocacy for women, children and families, will honor its 2011 Trailblazers - including the Delaware County Daily Times - at a gala dinner in November.

  • 09/30/2011 - Delaware trust buys Hershey chocolate plant
  • Milton S. Hershey’s historic chocolate factory has left the Hershey family. The Hershey Co. sold the 105-year-old Derry Township factory for $50 million to Chocolate Realty, a Delaware statutory trust.

  • 09/28/2011 - PHL expansion costs increase by $1 billion
  • PHILADELPHIA — A new price tag for Philadelphia International Airport’s controversial expansion farther into Delaware County increased by $1 billion, several months after the federal government approved it.

  • 09/23/2011 - Another strange twist in Banning Lewis Ranch bankruptcy
  • Another day, another twist in the Banning Lewis Ranch bankruptcy.Real estate development company Asset Ventures Fund I of Austin, Texas, withdrew motions Friday that it had filed two days earlier in U.S. Bankruptcy Court in Delaware, which sought to block the sale of the bulk of the sprawling...

  • 09/09/2011 - DelVal shines under the lights
  • Governor Livingston installed temporary lights for last night's season opener, but it was the visitors from Delaware Valley that proved to be the prime-time players.

  • 09/06/2011 - Shire assessing real estate needs in region
  • Shire Pharmaceuticals, whose U.S. headquarters is in a four-building complex in Chester County, is exploring new real estate options within the Pennsylvania-New Jersey-Delaware region.

  • 09/02/2011 - Caverns Could Be Transformed Into Housing Development
  • A housing development may soon replace caverns in Delaware County.

  • 09/01/2011 - GM Holds Orientation for New Employees
  • The 70 employees are either transfers from GM plants in Louisiana and Delaware, or local Delphi facilities.

  • 09/01/2011 - Patterson-Schwartz Real Estate Ranked ‘Best Place to Work’
  • On Sunday, August 14, Delaware’s local daily newspaper The News Journal published “Top Workplaces 2011”—a list of the best places to work in the state, and Patterson-Schwartz Real Estate was ranked 9th among mid-size companies (100-499 employees) placing the company…

  • 08/24/2011 - Prison life doesn't hinder sense of humor
  • William Bright's imprisonment had not dampened his sense of humor. After having spent a month in the crowded confines of Fort Delaware, he placed an advertisement in the Delaware State Journal and Statesman: 'Just arrived from Fort Delaware; the subscriber was arrested and taken out of a sick bed at midnight ... and from the good accommodations, sea breezes and high living has been restored to ...

  • 08/17/2011 - Delaware Place Bank, Chicago Names Brad Schotanus Senior Vice President/ Senior Lender
  • Delaware Place Bank, today announced that Bradley J. Schotanus, 44, was promoted to senior vice president/senior lender of  the commercial banking department, responsible for overseeing client management, business development and further growth of the Bank's commercial banking activities in the Chicago market.