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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…
The Best Things to do in Philadelphia This Weekend Happy Friday! Here are a few activities we recommend in the Philadelphia area for the upcoming weekend. Philadelphia Marathon Join us this weekend to witness the annual 26.2-mile race, where thousands of runners will traverse Center City. The race kicks off on the Parkway, weaving through…
What to know about Schuylkill Yards A 14-acre, $3.5 billion district neighborhood featuring glassy skyscrapers and well-maintained green spaces is gradually taking shape just to the west of 30th Street Station. This development is known as Schuylkill Yards and is a collaborative project between Drexel University, the landowner, and Brandywine Realty Trust, a prominent Philadelphia-based…
Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more space…
For decades, one of the draws to moving to the suburbs included renting a place for less than what you’d find in the city. But that may not be the case for much longer as the price gap between the two is steadily shrinking. According to new rental property research from Apartment List, rent increases…
The tight home-buying market is forcing many people to stay in their rentals, but the good news is that their rent may not be rising quite as fast as it has in recent years. The July rent report by the rental platform Zumper found that rate increases are slowing in many of the 100 largest…
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making…
The well-known CVS at 19th and Chestnut will soon look a little different once an apartment complex is built above it. Goodman Properties, who has owned the property since 1994, is planning to build a 46-story apartment building that will have about 213 rental units. a penthouse, a courtyard and a garage. The building will…
After years of eye-popping price increases, renters may finally be getting some relief. Rent prices fell 0.5 percent in May compared with the year before, according to data from Realtor.com released Monday. The firm’s tracking showed that to be the first year-over-year drop since early in the pandemic, when strong consumer demand collided with a…
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing…
Renters in Philadelphia have some reason to rejoice. As part of a nationwide trend, rent growth in the metropolitan area continues to slow to pre-pandemic levels, according to new research from real estate company Zillow. This as high mortgage rates and overvalued home prices continue to force many renters to hold off on buying because…
Owning a home is a keystone of wealth… both financial affluence and emotional security.