Real Estate
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Philadelphia Among Top Cities Nationwide for Live-Work-Play Apartments
With 8,000 mixed-use apartments added between 2012 and 2021, Philadelphia is among the top cities in the nation for live-work-play apartments, writes Mike D’Onofrio for Axios. The housing trend term describes a community that: These units account for close to 40 percent of apartments built in Philadelphia over the past nine years. That rate of…
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Summer Residential Real Estate Trends: Do Price-Tags’ Drop Indicate a Market Bubble Pop?
Home sellers nationwide — and in the Phila. collar counties — started dropping asking prices in July, perhaps signaling the pop of a market bubble that has inflated wildly for more than a year. Dana Anderson, of Redfin, unlocked what might be notable changes in the market. Buyers have become increasingly hesitant to pay sky-high…
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Three Bucks County Homes Among the Most Expensive Home Sales in Philadelphia Metro Area in 2022
While there has been a trend of falling home prices throughout the nation and in the region in the past few months, many houses in Bucks County and the rest of Philadelphia’s suburbs are still managing to reach record prices, partly due to the continued demand coupled with low inventory. This is evident in the…
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Meridian Bank House of the Week: Majestic Duane Homestead in Ottsville
The beautiful Duane Homestead in Bedminster Township has now gone up for sale, a wonderful Bucks County estate. . . The home has retained much of its original splendor, with an old-time Bucks County aesthetic that is unique to the area. . . The Duane Homestead, a unique and antique Bucks County home, is one…
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Doylestown Township To See New Whole Foods Market Open, the First One in Bucks County History
The first Whole Foods Market in Bucks County will be opening soon, and Doylestown residents are gearing up for the new grocery store. Jeff Werner wrote about the new supermarket for the Newtown, PA Patch. The first of its kind in the Bucks County area, the new food store will be located in Barn Plaza,…
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House Built By Middle Bucks Institute of Technology Students Finds Home in Jamison
Students at the Middle Bucks Institute of Technology recently built a moveable house, and it has found a new spot in the Jamison area. Jeff Werner wrote about the new home for the Doylestown Patch. Students in the tech school’s Construction Carpentry program built the house for one-off their recent classes. The semi-mobile home can…
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Local Rental Market Remains Highly Competitive: Patience and Diligence Continue to Be Key
The Philadelphia suburban rental market is among the most competitive in the nation, despite prices having risen significantly due to the high demand. Ryan Mulligan unlocked the particulars in the Philadelphia Business Journal. To determine the most competitive markets, RentCafe looked at: How long rentals were vacant Percentage of occupied apartments Number of renters competing…
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Meridian Bank House of the Week: Beautiful Mid-Century Converted Barn in New Hope
A mid-century, converted barn in a coveted and quiet part of New Hope has recently gone up for sale. . . Situated on seven acres of natural, private Bucks County forest land, this house features four bedrooms, two full bathrooms, and two partial bathrooms. . . 3,000 square feet of living space make this hidden…
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Meridian Bank House of the Week: Spectacular Gothic Victorian Farmhouse in Carversville
A beautiful Gothic-style Victorian farmhouse in Carversville has gone up for sale. . . Originally built in mid-19th century, this home is perfectly perched on a hilltop and surrounded by a natural woodland landscape. For lovers of the beauty of Bucks County, this house is a must-have. . . The wonderfully decorated front porch wraps…
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Bucks County Sheriff’s Real Estate Sales To Continue in Person Come December
After almost two years of online sales, the Bucks County Sheriff’s Office announced that it will resume doing real estate sales in person come early December. The Sheriff’s Office has been utilizing Bid4Assets to host the real estate sales online since the beginning of the pandemic. Now that numbers are down and people are beginning…
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See Which Local Areas Are Among the Top Ten Philadelphia Region Zip Codes with Largest Home Price Increases
Pipersville and Telford made a recent list of ten Philadelphia-area zip codes to see significant increases in housing prices back in July. Ryan Mulligan wrote about the price increases for the Philadelphia Business Journal. Pipersville saw one of the most significant year-over-year median list price change. An increase of 99% was shown in the data…
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Meridian Bank House of the Week: Immaculate Country Manor in Jamison
A country manor in Jamison, built in the 1700’s, has gone up for sale. For those looking for a spacious and uniquely-Bucks County home, look no further than Warwick Manor. Featuring five bedrooms, three-and-a-half bathrooms, and a beautiful patio area, this is an incredible find in the Jamison area. . . An incredible piece of…
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Singapore-Based Real Estate Investment Trust Acquires 400,674-Square-Foot Shopping Center in Pottstown
United Hampshire US REIT, a Singapore-based real estate investment trust, has acquired Upland Square, a 400,674-square-foot, grocery-anchored shopping center in Pottstown for a reported $85.7 million. Upland Square is one of the metro area’s largest and most successful grocery-anchored power centers. Currently 95 percent leased, the property’s wide range of dominant anchors includes Giant, TJ…
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Billionaire Developer from Penn Valley Behind Push to Build New 76ers Arena in Center City
Penn Valley native and billionaire developer David Adelman is the man leading the push to build a new 76ers arena in Center City, writes Jordan Levy for Billy Penn. When the team went public with its plans to build a downtown arena, it also announced the existence of a new development corporation, 76 Devcorp, chaired…
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Permanent Child Care Tax Credit, One-Time Property Tax Relief Now Available in Pa.
Families in Pennsylvania will now be able to claim thousands of dollars in benefits, thanks to a new, permanent child care tax credit approved by Gov. Tom Wolf. The break is part of the state’s new $45.2 billion budget, writes Kate Huangpu for the Pittsburgh Post-Gazette. The budget also contains a onetime, $140 million expansion…
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Meridian Bank House of the Week: Beautifully Updated Colonial in Ivyland
A beautifully updated Colonial-style home in Ivyland has gone up for sale. This spacious home is situated on 1.51 acres of Act 319 Conserved Bucks County farmland. The natural landscape provides homeowners with a unique beauty that offers amazing privacy. . . A beautiful brick walkway leads homeowners to the front door, where they will…
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High Interest Rates, Low Supply Become a Door Slammed Shut for Some Area Home Purchasers
The rising interest rates are chilling the hot residential real estate market, both regionally and nationally. The economics of new home ownership are becoming an issue, even among affluent shoppers, writes Sandy Smith for Philadelphia Magazine. Two main forces are affecting suburban housing affordability: insufficient supply and continued high demand. “While mortgage rates have been…
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Permanent Child Care Tax Credit, One-Time Property Tax Relief Now Available in Pa.
Families in Pennsylvania will now be able to claim thousands of dollars in benefits, thanks to a new, permanent child care tax credit approved by Gov. Tom Wolf. The break is part of the state’s new $45.2 billion budget, writes Kate Huangpu for the Pittsburgh Post-Gazette. The budget also contains a onetime, $140 million expansion…
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