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LANCASTER, YORK METROS AMONG HOTTEST REAL ESTATE MARKETS
According to a report on residential vacancy rates Lancaster County remains one of the five U.S. markets most at risk of running out of places for people to live. Lancaster County ranked No. 3 with a vacancy rate of 0.26 percent, translating to 392 available properties out of 149,654 residential properties in the county overall. York- Hanover was ranked No. 15 with a vacancy rate of 0.53 percent, with 769 vacant residential properties out of 146,023 total properties...

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The earliest known property tax records were kept on clay tablets. Now some Pennsylvania lawmakers and grassroots groups – along with a majority of voters who approved a constitutional amendment on Election Day – want to go against
about 8,000 years of history and eliminate a tax that today is a primary means of paying for schools and local government. But if history is any indication, property taxes are here to stay in Pennsylvania...

 
Proponents of property tax reform in Pennsylvania see the passage of Resolution 1 as proof that their cause has strong support around the state, though the measure leaves the heavy lifting to the state legislature.
The state constitutional amendment, which voters approved Nov. 7 by a margin of 54 to 46 percent, opens the door to giving local taxing agencies, such as school boards, greater flexibility in granting property tax exemptions

 
Many well-known department stores are facing challenges from the continuing uptick of online shopping, as well as competition from the bricks-and-mortar
boutiques and discount retailers that are drawing an evolving generation of shoppers. "Department stores are in a real estate flux in the U.S.," says James Cook, Americas Director of Retail Research at JLL...
 
Charming Charlie, a Houston-based specialty retailer focused on fashion jewelry, has filed for Chapter 11 bankruptcy reorganization. The chain, which operates about 375 stores, has begun closing 97 of them. The retailer is also
seeking bankruptcy court permission to reject the leases on those stores, which it claims will save approximately $1.7 million per month in rent and associated costs...



There are 13 Charming Charlie locations in Pennsylvania: Bensalem, Bethlehem, Center Valley, Collegeville, Erie, Glen Mills, Homestead, Lancaster, Moosic, Pittsburgh, Plymouth Meeting, Wyomissing, and York.