2025

The mortgage interest deduction (MID) continues to be a valuable financial tool for qualified homeowners, even after the 2025 tax reform law, H.R.1, preserved this important benefit. The deduction allows taxpayers who itemize to deduct interest paid on a home loan—up to $750,000 on a primary or secondary residence—from their taxable income, often resulting in significant savings. According to the...

Mountains of moving boxes. An intimidating labyrinth of bags and bundles. Pieces of wrapped furniture in almost every corner. Whether you've relocated just across town or across the country, moving into a new home can be both exciting and tiring. It’s exciting knowing that you’re starting a fresh life in your new abode. But that exhilarating feeling can quickly be replaced with dread once you...

The Children’s Hospital of Philadelphia (CHOP) has officially opened a larger pediatric primary care office in the newly constructed Drexeline Medical Office Building at Drexeline Town Center in Drexel Hill, Delaware County. The three-story, 60,000-square-foot medical office building, developed by MCB Science + Health, is fully leased, with CHOP occupying the first floor and the Delaware County...

Philadelphia may face a major shift in federal housing funding as a recent plan issued by the Trump administration could cut tens of millions of dollars in aid aimed at combating homelessness. Advocates warn that the proposed changes could significantly disrupt permanent housing programs and put formerly homeless residents at risk of losing stable housing. According to the U.S. Department of Housing...

Philadelphia may face a major shift in federal housing funding as a recent plan issued by the Trump administration could cut tens of millions of dollars in aid aimed at combating homelessness. Advocates warn that the proposed changes could significantly disrupt permanent housing programs and put formerly homeless residents at risk of losing stable housing. According to the U.S. Department of Housing...

Delaware County homeowners are facing the possibility of a 19% property tax increase in 2026, sparking concerns at a recent county council meeting. The proposal, part of the county’s 2026 budget, will have its first reading on Wednesday, Dec. 3, with a final adoption expected by Dec. 10. For context, last year the county approved a 23% property tax hike, which raised the annual tax bill for the...

Tower Health recently announced significant changes at Pottstown Hospital, including the closure of its ICU, cancer center, endoscopy suite, and medical-surgical unit by January 2026. These changes will result in 131 layoffs as part of a broader reduction of 350 positions across Tower Health. The hospital’s staff and nurses expressed concern that the closures will force patients to travel farther for...

Recent data highlights an interesting shift in the Bucks County housing market: homebuyers are getting older. A nationwide survey conducted by the National Association of Realtors (NAR) found that the median age of first-time homebuyers in the U.S. is now 40. While the broader Philadelphia metro area sees a slightly younger median age of 38, local census data show a similar trend in Bucks...

When selling a home, it's not uncommon for your buyer to ask for more time before closing. This request to extend the closing date might be due to financing, inspection, paperwork delays, or life changes, among other reasons. It’s frustrating, yes, and may leave you wondering what it means for your plans and your timeline. But it’s good to note that closing delays are a common occurrence, and a...

The Philadelphia Housing Authority (PHA) has announced plans to implement significant workforce changes in early 2026, including the layoff of nearly 300 employees. These reductions, affecting a portion of the agency’s 1,200-person workforce, are part of a broader restructuring of how PHA handles maintenance and repair services across its affordable housing portfolio. Instead of directly employing...