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New Philadelphia Rental Property Lead Certification Law

Philly Rentals

Beginning October 1, 2020, landlords in Philadelphia will be required to test and certify rental properties as lead-safe or lead-free in order to A) execute a new or renewed lease or B) receive or renew a rental license.  The requirement applies to all residential properties, but it will be phased in by zip code over…

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

houses

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years…

6 Tips When Renting an Apartment

apartment

What you pay for your apartment, and how much you get for what you pay, depends a great deal on your negotiation and deal-finding skills. However, before you negotiate anything, you must decide what you are looking for in your rented space. Read on for six straightforward steps to help you find an apartment for…

Powerful Job Market Fuels Homebuyer Demand

first time home buyer

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a…

Why Today’s Housing Market Is Not About To Crash

housing market

There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s market is very…

149-unit apartment project planned on Spring Garden Street

1314 Spring Garden St

A 149-unit apartment project is being proposed along Spring Garden Street, adding to a stretch of new development around the North Broad corridor. The eight-story, 98,700-square-foot building at 1314 Spring Garden St. would be built using modular construction. In addition to apartment, plans include 1,600 square feet of ground-floor retail space. The developer on the…

Philadelphia City Council Considering Implementing Rent Control

Apartment Buildings

Philadelphia — and all of Pennsylvania — legislators said, there are currently no meaningful protections to keep renters from facing drastic rent hikes. City Council is working to learn about how to protect city residents On Wednesday, March 15th, council’s committee on housing, neighborhood development, and the homeless held a hearing which allowed Philadelphia’s local…