Apr 25, 2009

City Hits Home Run


The Homebuyer's Supermarket, sponsored by the City of Allentown, was a well organized, well attended event. Filling the entire floor of the Palace Banquet Hall, prospective home buyers were greeted by three full midways of realtors, mortgage originators and community organizations. Intended to spur responsible home ownership in the city, the timing was perfect; warm weather, low interest rates, and a generous federal tax credit. Shown in the photo are the new townhouses on North St., which have replaced the devastation from a fire in 2004.

6 comments:

Chris Casey said...

Hi mike!

Be careful, I wouldn't want people to think you are cheerleading! LOL!

michael molovinsky said...

well, they did a good job. i'd like to think i'm capable of giving credit when due

Monkey Momma said...

Thanks for this post - I wouldn't have known about this program if not for your blog.

michael molovinsky said...

perhaps i should elaborate; the homebuyer's supermarket was yesterday, saturday april 25th. i felt is was well publicized, but i am in tune with the local real estate market. for one, leonard lightner from city's building standard bureau was involved in the program. i'm generally unfamiliar with the current flow-chart and personnel, other's were no doubt also involved.

Anonymous said...

Mike, Years ago a buddy of mine lived on the 400 Block of North Street. I can't believe it's the same block.What do one of these house's cost?

michael molovinsky said...

assuming you meet their guidelines, they sell them for much less than they cost to build. i think they sell in about the $129k range