Real Estate
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Toll Brothers Sell Virginia Property After Data Center Makes an Offer ‘It Couldn’t Refuse’
Toll Brothers, based in Fort Washington, recently made an unexpected sale of a parcel of land in Virginia in what it is calling a “one-off,” saying it was an offer “it couldn’t refuse,” writes Dan Brendel and Michael Potter for the Philadelphia Business Journal. Toll Brothers CEO Douglas Yearley Jr., said during an investors’ call…
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Philadelphia Metro Ranks in Middle Among Best Places for Home Buyers
Philadelphia metro ranked in the middle of the pack among the best places for home buyers in Zillow’s new market heat index. Zillow’s new market heat index represents buyers’ urgency or sellers’ confidence in an area. It considers the share of homes that sell quickly, the share of homes that get a price cut, and…
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$700K Converted Garage Home in Nearby Fountain Hill Causing a Stir on TikTok
A lofty listing in Lehigh County’s Fountain Hill, a town just outside of Bucks County, has stirred controversy on TikTok, writes Geoff Weiss for Business Insider. A nearly $700,000 garage converted into a family residence was featured in a video by Tiktoker, Zillowtastrophess. The 4,000-square-foot residence is considered “loft-style” and features three bedrooms,…
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Meridian Bank House of the Week: Lovely Custom-Designed Traditional in New Hope
A lovely custom-designed traditional home on 0.33 attractive acres with three bedrooms and three bathrooms is available for sale at 85 Kiltie Drive in New Hope. …. … This gorgeous residence has been expanded to create an open-concept floor plan that is ideal for both entertaining and relaxing. The home is filled with stunning details,…
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Philadelphia Metro Ranks in Middle Among Best Places for Home Buyers
Philadelphia metro ranked in the middle of the pack among the best places for home buyers in Zillow’s new market heat index. Zillow’s new market heat index represents buyers’ urgency or sellers’ confidence in an area. It considers the share of homes that sell quickly, the share of homes that get a price cut, and…
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Pilot Program Helps Philadelphians Become First-Time Homeowners, Pay Off Student Debt
Since October, the Pennsylvania Housing Finance Agency has been testing the waters of a grant and loan program that helps aspiring homeowners with down payments and closing costs. However, the Revitalizing Neighborhoods and Increasing Homeownership pilot program sets itself apart by also helping with student loans, writes Michaelle Bond for The Philadelphia Inquirer. For people…
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Meridian Bank House of the Week: Stunning 14-Acre Villa with Modern Cathedral-Like Home in Quakertown
A beautiful contemporary home set on 14.32 stunning acres with four bedrooms and four bathrooms is available for sale at 2025 Freeh Lane in Quakertown. …. … Villa Terra is perfectly nestled along the banks of the Cooks Creek. It boasts spacious interiors that fully take advantage of the extraordinary natural setting. … … Highlights…
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Gen X Leads the Surge in Philadelphia Metro’s Millionaire Homeowners, Outpacing Boomers
The number of millionaire homeowners in the Philadelphia metro area is on the rise, with households that earn $1 million and more now being one of the fastest-growing income groups, according to a recently released study from Point2, an international real estate search website that covers industry trends and news. Nationwide, the number of households…
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Twelve Chester County Places are Among Fastest-Growing Home Prices in Pennsylvania
Twelve Chester County places ranked among the fifty cities with the fastest-growing home prices in Pennsylvania, according to a new report from Stacker. Devon ranked highest in third place with a 1-year price increase of $65,717 (7.9 percent) and a five-year price increase of $280,099 (45.5 percent). A typical home value in Devon is now…
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Toll Brothers Working on 11 Projects with Over 1,600 Total Units in Philadelphia Region
As low inventory continues to be a major problem for the Philadelphia housing market and prospective buyers, Fort Washington-based Toll Brothers is making a major push in the region, writes Paul Schwedelson for the Philadelphia Business Journal. The luxury homebuilder has been snatching up land in the suburbs and is currently working on eleven projects…
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Luxury Home Prices Continue to Rise Nationwide, but Not Here in the Philly Metro
The prices of luxury homes in the United States are higher than they have ever been, with the median-priced home selling for a record $1,225,000 in the first quarter, which is an increase of 8.7 percent from a year earlier, according to a recently released report from Redfin. Luxury home prices are growing primarily because…
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One of the Best Suburbs in the U.S. Is In Delaware County, and It’s Not Media
It seems Media Borough’s been getting all the praise lately, with publications like Money Magazine declaring the county seat one of the 50 best places to live in the U.S. But there’s another Delaware County community that should share some of the limelight, according to a recent ranking of the top 15 suburbs in the…
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Meridian Bank House of the Week: Magnificent Equestrian Estate in Ivyland
A gorgeous traditional home on 10.1 acres with four bedrooms and four full and three half bathrooms is available for sale in Ivyland. . . This magnificent equestrian estate is perfectly nestled within the tranquil atmosphere of a private enclave known as Two Ponds. The home welcomes you with its dramatic foyer with travertine flooring…
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Jenkintown Home with Mercer Tiles on Front Porch Hits the Market
A lovely six-bedroom, three-and-a-half-bathroom home originally built in 1890 with Mercer tiles on the front porch recently hit the market in Jenkintown, writes Paul Jablow for The Philadelphia Inquirer. The owners, Sophia Koropeckyj and her husband, Bohdan Pazuniak, wanted a home that had not been ruined by remodeling when they were looking to buy a…
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Villanova Property That Inspired ‘Philadelphia Story’ Available for $13.5M
A nearly 17-acre property in Villanova that inspired the 1940 movie “The Philadelphia Story” with Katharine Hepburn is on the market for $13.45 million, writes Ryan Mulligan for Philadelphia Business Journal. The property, referred to as “Albermarle,” has four buildings, including a refurbished stone clock tower. It was part of a much larger 800-acre, 75-building…
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Luxurious Converted Barn Hits the Market in Riegelsville
A converted barn that offers a gorgeous combination of farmhouse aesthetics and contemporary design recently hit the market in Riegelsville for $5,490,000. The luxurious residence is nestled on nearly 90 acres of idyllic landscapes and sunset vistas that create a perfect private oasis. The property also boasts a new heated pool with an integrated spa,…
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Chalfont Farmhouse, Dream Property of Its Owners, Reenters Market to Make Another Buyer’s Wish Come True
Terry and Donna Tormey bought their farmhouse in 2018, fulfilling a long-term dream of Donna’s. They love the property, but they believe it’s time to scale down. Paul Jablow listed the couple’s real estate journey for The Philadelphia Inquirer. When the Tormeys saw the 1802 farmhouse for sale, its appeal proved strong enough to sell…
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Historic 1902 Wycombe House Restaurant Re-Listed
The Wycombe House has officially returned to the market, writes Emma Dooling for the Philadelphia Business Journal. The property, initially expected to sell earlier this year, is now listed for $2.4 million. This price includes the restaurant business, its liquor license, and all associated equipment and inventory. Owner Jerry Driscoll, who bought the establishment…
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