The Upper Darby School District has officially acquired the long-shuttered Delaware County Memorial Hospital, a move that could reshape a key section of Drexel Hill and open new possibilities for future development in the community. According to documents filed in U.S. Bankruptcy Court, the district finalized the purchase for $600,000 from California-based Prospect Medical Holdings, the previous owner...
2025
If you’re house hunting in Pennsylvania, you may have noticed that new construction homes come with a much bigger price tag than existing homes. In fact, Pennsylvania is one of only two states where new homes cost more than double what existing homes are valued at, according to a recent analysis from LendingTree. Here’s what the numbers look like: Median value of existing homes in PA:...
POV: You're a homeowner thinking about downsizing, upsizing, or relocating to a new area. Your biggest dilemma now? It’s probably this: whether to sell your current home before buying a new one, or buy first and then sell. It's a common situation for many homeowners who are on both sides of a home sale transaction. Selling first can provide financial certainty, while purchasing first means you...
Philadelphia, PA: Big changes are coming to the city’s Business Income and Receipts Tax (BIRT), and they’ll impact thousands of small businesses, including many real estate agents, brokers, and investors who operate as LLCs or independent firms. Starting in 2026, Philadelphia will eliminate the longstanding $100,000 revenue exemption from the BIRT. This means all businesses, regardless of size,...
Horsham Township, PA: Homeowners, property buyers, and investors in Horsham should be aware of important updates that may soon impact building regulations and fire safety requirements in the area. The Horsham Township Council is set to review two proposed ordinances that would align the township with the 2021 International Property Maintenance Code (IPMC) and the 2021 International Fire Code (IFC). If...
The National Park Service (NPS) is looking for the right tenant to breathe new life into the historic Kennedy Supplee Mansion at Valley Forge National Historical Park. The Victorian-era property, located on the eastern edge of the park in King of Prussia, has sat vacant since the Kennedy Supplee Mansion Restaurant closed its doors in 2005. $10 Million Planned for Rehabilitation To attract a tenant,...
If you’re planning to buy or sell a home in Chester City, PA, there’s an important regulatory update you should know about. As of June 26, 2025, the Chester City Council officially repealed the requirement for a pre-sale inspection on residential properties. What Does This Mean for Home Sellers and Buyers? Homeowners in Chester City no longer need to schedule or pass a city-mandated pre-sale...
West Chester University is tackling its long-standing student housing shortage with a major plan to add up to 900 on-campus beds through a combination of new construction and residence hall renovations. The initiative, backed by a $92 million bond issuance approved by the university’s Board of Trustees, marks a significant step toward improving student living options. Phase One: Renovations and...
The Next Step Programs (TNS), a nonprofit based in Doylestown Borough, has announced an important milestone in its Vision 2030 Integrated Housing Project. The organization has selected Union Studio Architecture & Community Design as the lead architectural firm to design an inclusive housing and workforce development campus for young adults with intellectual and developmental disabilities...
The U.S. housing market is seeing a notable shift: small-scale real estate investors, defined as those owning fewer than 100 properties, now account for nearly 30% of all single-family home purchases, the highest percentage recorded in the past 14 years. Why Are Small Investors Buying More Homes? These buyers are largely paying in cash and targeting homes in the $250,000 price range, a segment that...