Homeowners, families, and prospective buyers in Philadelphia now have important insights into the future of local schools. The Philadelphia School District recently released the results of its community facility survey, showing strong support for keeping neighborhood schools open—even as district leaders consider closures due to excess capacity and aging facilities. Key Findings from the...
The Montgomery County, Pennsylvania real estate market showed mixed trends in December 2025. While median home prices remained steady or increased slightly, contract activity slowed, giving buyers slightly more leverage in negotiations. These insights are valuable for homebuyers, sellers, and investors in the Montgomery County area. Detached Homes Median sold price: $550,000, unchanged from...
Philadelphia’s housing market is expected to remain challenging through 2026, with affordability continuing to be a major concern for both renters and homebuyers. Economic analysts project that elevated home prices and higher mortgage rates will keep inventory tight and limit movement across the market. Limited Inventory and Reduced Mobility According to housing economists, one of the biggest...
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...
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...
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...
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...
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...
It’s been just over a year since major changes reshaped Philadelphia’s eviction process, and the results show both progress and new challenges. For more than five decades, evictions in Philadelphia were carried out by two groups — the Philadelphia Sheriff’s Office and a private organization known as the Landlord and Tenant Office (LTO). While sheriff’s deputies handled a portion of the...
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