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Edward E. Hodgson Jr.
1110 North Broad Street | Lansdale, PA 19446
Phone: 215-362-2260 | Office Phone: 215-362-2260 | Fax: 267-354-6844
Cell: 215-850-6973 | email: ed@edhodgsonrealtor.com

My Blog

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Facebook Files Patent: Homeowner Data Could Reveal Socioeconomic Status

February 7, 2018 6:54 pm

Have you scrolled by an ad on Facebook for new real estate signs—just a few hours after you searched for them on Google? Ad targeting is not a new concept, but it has transformed over the years through data analysis and the use of algorithms. Social media users are accustomed to experiencing ads that reflect […]

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Affordable Housing and HELOC Deductibility Under New Tax Laws

February 7, 2018 6:54 pm

The new tax bill passed by Congress in December 2017, celebrated as the Trump Administration’s first major legislative victory, will have inadvertent consequences for potential homebuyers looking to buy homes in high-end markets, and for those with a home equity line of credit (HELOC). A decrease in home prices and caps on tax deductions, among […]

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Buyers Caught in Deadlock: NAR

February 7, 2018 6:54 pm

Buying a home is a mark of the American Dream—but even though the desire exists, realizing it is a struggle, according to the Aspiring Home Buyers Profile recently released by the National Association of REALTORS® (NAR). Homebuyers are hopeful, however. Demand is ever-increasing, and, of aspiring homeowners, the majority do want to own. In 2017, […]

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Latter & Blum President Rick Haase to Step Down

February 6, 2018 6:54 pm

After eight years, Latter & Blum Inc. President Richard “Rick” Haase is leaving his position at the New Orleans-based powerhouse. Haase will leave the post on Feb. 15. “[Latter & Blum] is well-positioned for new leadership to take it into its very bright future,” said Haase in a statement. “[Chairman and CEO] Bob Merrick and […]

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Aging Down: The Face of Luxury Shifts

February 6, 2018 6:54 pm

Buyers aged 25-49 are considerably shaping the upper-end market, according to recently released research by Luxury Portfolio International®. Seventy-eight percent of buyers in the 25-49 group—”The New Aristocracy”—are interested in 5,000-square-foot-plus homes, the research reveals. They also have a preference for Brick Georgian, Modern, Victorian or Tudor homes, but with commercial-grade kitchens and security systems. […]

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Fair Housing Is Good for Our Business

February 6, 2018 6:54 pm

NAR PULSE—Pat Combs, 2007 NAR President, shares her experience with housing discrimination during her career, and explains why fair housing is good for our business and clients. Read what Pat and other REALTORS® have to say, and join NAR’s commemoration of the 50th Anniversary of the Fair Housing Act by sharing your own story at […]

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10-Year High Profits for Sellers

February 4, 2018 6:51 pm

Homeowners are profiting when selling—and their average earnings haven’t been this high since 2007. At the close of 2017, the average home seller gained $54,000, or a 29.7 percent return on investment (ROI), in the transaction, according to ATTOM Data Solutions’ recently released Year-End and Q4 2017 U.S. Home Sales Report. Contradictory, however, is their […]

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The Power of Home

February 3, 2018 12:51 am

New Story Builds Shelter and Second Chances When two of New Story’s four co-founders took a mission trip to Haiti in 2013, they were shocked to find how many families were still living in tents after the devastating 2010 earthquake. What was supposed to be a temporary shelter built to last six months had turned […]

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Mortgage Rates Up One-Quarter Percentage Point Since Start of Year

February 1, 2018 6:51 pm

The average 30-year, fixed mortgage rate is 4.22 percent—hitting more than a one-quarter percentage point increase since the start of the year, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The average 30-year, fixed rate was 4.15 percent last week. It is likely mortgage rates will rise in the year ahead, says […]

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CFPB ‘Constitutional’ After Appeals Court Ruling

February 1, 2018 6:51 pm

An appeals court on Wednesday upheld the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) organizational structure. The agency, which has been at the center of controversy in the era of Trump, was deemed unconstitutional in a 2016 ruling. The agency’s director cannot be dismissed at will (in other words, without cause), per its structure—authority […]

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