By Josh McKnight | The McKnight Team No city in the country grew its office-to-apartment conversion pipeline faster than Philadelphia over the past year. According to a new report from RentCafe, the Philadelphia metro area's pipeline of office-to-residential conversions jumped from 1,200 units to 2,697 units between February 2025 and February 2026. That is a 119% increase year over year — the highest...
Real Estate
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,...
By Josh McKnight | The McKnight Team Lansdale Borough Council has unanimously approved a floodplain map update that clears one of the key regulatory hurdles for a proposed development of 73 townhouses near Valley Forge Road and West Fifth Street. The developer, W.B. Homes, conducted a hydrologic study showing the existing floodplain maps were inaccurate for the site. With borough approval secured, the...
By Josh McKnight | The McKnight Team Lower Merion Township commissioners recently voted to review conceptual plans for renovating Schauffele Plaza in Ardmore and the adjacent parking lot into a pedestrian-friendly civic green space. Two options are on the table, both priced around $9.3 million, with one preserving 18 parking spaces and another removing them entirely in favor of a more complete public...
Even before starting your home-buying journey, you're probably already aware that the numbers aren’t just about the home’s purchase price and your down payment. There are dozens of smaller fees, expenses, credits, and adjustments in the real estate transaction that you need to account for. This is where the term “cash to close” comes into play. Cash to close is the amount you need to...
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...
By Josh McKnight | The McKnight Team Philadelphia is moving forward with one of the largest housing investments in the city's recent history. Mayor Cherelle Parker's administration is issuing $400 million in bonds to fund the first phase of the Housing Opportunities Made Easy initiative — a plan centered on building and repairing 30,000 homes across Philadelphia. The milestone comes more than a year...
By Josh McKnight | The McKnight Team Springfield Hospital has been closed since 2022. Now it appears to be coming back. Todd Strine, who also acquired Taylor Hospital in Ridley Park last September, became the majority owner of the Springfield facility and is moving forward with a plan to reopen it as a specialty care center. The 90,000-square-foot building has 40 beds, four operating rooms, and an...
By Josh McKnight | The McKnight Team Radnor Township has expanded an artificial intelligence traffic system along Lancaster Avenue, one of the main commercial corridors in Delaware County. The township started the project a few months ago at the Blue Route interchange, where the AI-driven signal timing was designed to ease congestion by reading real-time traffic data and adjusting light cycles on the...
By Josh McKnight | The McKnight Team After more than six years of construction, Ardmore's SEPTA station on the Main Line reopened on March 23. The project, which started with a $62 million budget and a two-and-a-half-year timeline, ran into a hidden oil tank, crumbling walls, a pandemic, and supply chain problems that stretched the work into 2026. The new station is fully ADA-compliant, with ramp and...