Chester County News and Community Website
The dream of owning a home in America has become significantly more expensive. Since 2020, income levels needed to comfortably afford a home have surged by 80%, outpacing the median …
Soaring Home Prices Outpace Income Growth, Redefining Affordability Read More
EXTON, PA — The Chester County Economic Development Council (CCEDC) is urging businesses of all sizes to take advantage of a fixed interest rate of 5.5% through the Pennsylvania Catalyst Loan …
Chester County Economic Development Council Reports $1.4 Million Remains Available to Businesses of All Sizes Through PA Catalyst Loan Fund Read More
The pandemic has brought about significant shifts in the American housing landscape, with a new Zillow® report revealing a narrowed gap between Black and white renting families who could comfortably …
Pandemic Narrows Racial Gap in Homeownership Readiness, Yet Significant Disparities Persist Read More
HARRISBURG, PA — Agriculture Secretary Russell Redding announced this week that the Pennsylvania Agricultural Business Development Center is now accepting applications for its Farm Vitality Planning Grants. With a fund …
Pennsylvania Farm Vitality Planning Grants: A Golden Opportunity for Farmers to Thrive Read More
WASHINGTON, D.C. — The Federal Financial Institutions Examination Council (FFIEC) has issued a statement of principles aimed at addressing potential discrimination and bias in residential property valuation practices. This move …
FFIEC Issues Principles to Address Valuation Discrimination and Bias in Residential Lending Read More
PENNSYLVANIA — As we navigate the weighty labyrinth of financial transactions, a trend takes hold of Pennsylvania like an ominous shadow. A recent study finds an alarming ratio of 1-in-10 …
Caught in the Jaws of Loans: Pennsylvania’s Disquieting Tryst with Informal Lending Agreements Read More
Borrowing money is often a necessary but fraught endeavor. It can be the much-needed financial lifeline or the quicksand dragging you further into a pit of debt. In rare and …
Dealing with Unreasonable Loan Conditions: A Borrower’s Guide Read More
As you know, interest rates have risen considerably over the past couple of years. But what does this mean to you, as a consumer and as an investor?
How Will Higher Rates Affect You? Read More
EXTON, PA — The Chester County Economic Development Council’s Annual Economic Outlook is the longest-running event of its kind in the region, and yesterday it celebrated 20 years with an …
Chester County Economic Development Council Celebrates 20th Annual Economic Outlook with Expert Insight on Interest Rates, Inflation and Personal Investment in 2024 Read More
According to the latest monthly report from real estate marketplace Zillow®, homebuyers are beginning to find some relief as more homeowners consider selling their properties. Despite a rise in inventory, …
Homebuyers Find Relief as More Homeowners Consider Selling, Report Reveals Read More