Market Reports

Springfield Township Is Cutting Property Taxes. What Delaware County Homeowners Need to Know

Springfield Township Is Cutting Property Taxes. What Delaware County Homeowners Need to Know

By Josh McKnight | The McKnight Team Springfield Township in Delaware County just enacted a new 1% earned income tax, effective July 1. That is not the headline. The headline is what comes with it: the township commissioners have committed to cutting property taxes by nearly 20% in 2027. For homeowners and buyers paying attention to the Delaware County real estate market, that combination deserves a...

Upper Moreland Township, PA Real Estate: What Buyers Need to Know in 2026

Upper Moreland Township, PA Real Estate: What Buyers Need to Know in 2026

By Josh McKnight | The McKnight Team The Upper Moreland Township housing market is moving fast and staying tight. According to Bright MLS data pulled in April 2026, the median sold price in Upper Moreland Township ran $444,900 over the November 2025 through March 2026 period, with homes averaging just 30 days on market. That's not a slow suburban market. That's a market where prepared buyers win and...

Franklin Mills Is Being Torn Down. Here’s What It Means for Northeast Philadelphia Real Estate

Franklin Mills Is Being Torn Down. Here’s What It Means for Northeast Philadelphia Real Estate

By Josh McKnight | The McKnight Team The mall most Philadelphians still call Franklin Mills is under contract to be sold. Developer Dean Adler has confirmed plans to transform the 137-acre site in Northeast Philadelphia into a major youth sports destination with workforce housing, restaurants, a hotel, and a water park. At least part of the 1.6-million-square-foot mall will be demolished. The rest may...

PECO Just Filed for a 12.5% Rate Hike. Here’s What It Means If You Own a Home in the Philadelphia Suburbs

PECO Just Filed for a 12.5% Rate Hike. Here’s What It Means If You Own a Home in the Philadelphia Suburbs

By Josh McKnight | The McKnight Team PECO Energy filed a request with the Pennsylvania Public Utility Commission on March 30 seeking a $429 million rate increase that would raise the average residential electric bill by $20 per month and natural gas bills by about $14.50 per month starting January 1, 2027. For customers who get both electricity and gas from PECO — which covers most of Montgomery,...

Open Houses in Warminster & Norristown, PA – New Listings This Weekend

Open Houses in Warminster & Norristown, PA – New Listings This Weekend

By: Kelly Buchmann | The McKnight Team Looking for homes for sale in Warminster, PA or Norristown, PA? Join us for two open houses this weekend featuring a move-in ready condo and a spacious twin home. These properties offer great value, desirable locations, and features today’s buyers are looking for. Meadowoods Condominiums – Warminster, PA Condo for Sale This well-maintained 2-bedroom,...

Selling a Home in Wrightstown Township? A New Ordinance Could Change Your Timeline

Selling a Home in Wrightstown Township? A New Ordinance Could Change Your Timeline

By Josh McKnight | The McKnight Team Wrightstown Township is considering an ordinance that would require sellers in two specific sewer systems to inspect and repair their lateral sewer lines before a use and occupancy certificate can be issued. If it passes, homeowners connected to the Jane Chapman East or Matthew's Ridge systems would need to get their lines checked and cleared of defects before...

The Bucks County Housing Market Has a First-Timer Problem — And It’s Getting Worse

The Bucks County Housing Market Has a First-Timer Problem — And It’s Getting Worse

By Josh McKnight | The McKnight Team A local news series out of the Bucks County Herald put some hard numbers to what anyone who has been watching this market already knows. The median home value in Bucks County has reached $446,700, meaning the typical household would need to spend nearly five times its annual income just to buy. Jamie Ridge, president and CEO of the Suburban Realtors Alliance, called...

Central Bucks School District Tax Increase: What It Means for Bucks County Homeowners

Central Bucks School District Tax Increase: What It Means for Bucks County Homeowners

By Josh McKnight | The McKnight Team Central Bucks School District is looking at a significant tax hike for the 2026–2027 school year. The district is proposing a 5.7% increase to address a projected $22.3 million deficit in its roughly $462.9 million budget. For a home assessed at $635,000, that translates to about $325 more per year in school taxes. The proposed increase exceeds Pennsylvania's Act...

Montgomery County Just Broke Ground on New Emergency Housing. Here’s What It Tells Us About the Market

Montgomery County Just Broke Ground on New Emergency Housing. Here’s What It Tells Us About the Market

By Josh McKnight | The McKnight Team Montgomery County broke ground last week on a new 50-bed emergency housing facility at 1430 DeKalb Street in Norristown. The project is expected to be complete by the end of 2026 and will serve single adults at serious risk of housing instability. Commissioner Neil Makhija pointed to a stark data point at the groundbreaking: housing costs in Montgomery County have...

Cheltenham Township, PA Real Estate: A Local’s Guide to Buying in Montgomery County’s Most Connected Community

Cheltenham Township, PA Real Estate: A Local’s Guide to Buying in Montgomery County’s Most Connected Community

By Josh McKnight | The McKnight Team Cheltenham Township holds a position that very few communities in the Philadelphia suburbs can claim. It shares a direct border with the city of Philadelphia, sits inside Montgomery County, and connects to one of the most comprehensive SEPTA Regional Rail networks in the region. That combination of urban proximity, suburban character, and transit access creates a...