A major step forward has been taken in the transformation of the former Willow Grove Naval Air Station in Horsham Township. On November 12, township officials unanimously approved a full rezoning of the site—aligning the property with the long-term redevelopment plan for 862 Rise, a large-scale mixed-use community that will bring new housing, offices, retail space, parks, and public amenities to the...
Grand View Hospital in Sellersville has announced a temporary closure of its maternity ward beginning December 1, following the resignation of several OB/GYN physicians. During this pause in services, all expectant mothers who would typically deliver at Grand View will be redirected to St. Luke’s Upper Bucks Campus in Milford Township. While labor and delivery services will be suspended, Grand View...
Chalfont, PA is set to see significant changes to local infrastructure as Pennsylvania Department of Transportation (PennDOT) plans a $39 million extension of Bristol Road past Butler Avenue. The project is designed to reduce traffic congestion near Route 152 and improve accessibility for drivers, cyclists, and pedestrians. Key Features of the Bristol Road Extension The planned project includes...
The longest federal government shutdown in U.S. history has officially ended, and critical housing programs are now set to resume. This is welcome news for homebuyers, homeowners, and real estate professionals nationwide who experienced delays in loans and insurance during the shutdown. Impact on Homebuyers and Real Estate Transactions During the shutdown, programs such as FHA, VA, and USDA loans...
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. However, it's not uncommon for a home sale to face some sort of...
Lower Merion Township is reviewing its first parking meter rate increase in 25 years, a move aimed at balancing revenue needs with support for local businesses. Most meters would rise from $0.50 to $1 per hour, while select high-demand meters in the Ardmore Business District could increase to $1.50 per hour. Rates at the Cricket Avenue Parking Garage are expected to stay at $0.50 per hour. Why the...
Big changes may be on the horizon for Pottstown, PA, as the borough prepares for the potential return of passenger rail service for the first time since 1989. The Delaware Valley Regional Planning Commission (DVRPC) is moving forward with its “Next Stop Pottstown” study, exploring how restoring rail service between Reading and Philadelphia could boost economic growth, improve transit options, and...
As housing affordability continues to challenge buyers nationwide, the idea of a 50-year mortgage is gaining attention. The concept is now being explored at the federal level as one possible strategy to help more Americans — especially first-time homebuyers — enter the housing market. Recently, Federal Housing Finance Agency (FHFA) director Bill Pulte confirmed that the Trump administration is...
The North Crossing Apartments, a 145-unit complex in Willow Grove, Upper Moreland Township, has been sold for $27.6 million to Friedman Realty Group of South Jersey. Built in 1970, the property was 97% leased at the time of sale, reflecting strong demand in the suburban Philadelphia rental market. (Philadelphia Business Journal) Planned Renovations and Upgrades The new owners plan to invest several...
Philadelphia’s 76ers and Comcast Corp. are moving forward with plans to redevelop parts of Center City, signaling major changes for the 1000 block of Market Street. The two companies plan to demolish most of the retail buildings on the south side of the block, stretching from 1000 Market St. to 1024 Market St., with demolition expected to be completed by next summer. (Philadelphia Business...
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