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...
Thousands of Philadelphia renters could face displacement as real estate developer James Levin moves forward with the sale of his extensive portfolio of affordable rental properties. These properties, home to more than 3,000 residents, are currently protected by federal Low-Income Housing Tax Credit (LIHTC) programs, which require rent restrictions and limit occupancy to low-income tenants. The...
The Suburban Realtors Alliance (SRA) is urging Warrington Township to revise its procedures for issuing Use and Occupancy (U&O) certificates during property sales. In a formal letter to township officials, the SRA expressed concern over the municipality’s practice of withholding U&O certificates due to previously unpermitted work, such as HVAC or water heater installations. According to the...
Recent federal tax reforms signed into law by President Trump are set to bring significant changes for real estate professionals, property investors, and homeowners alike. The legislation, supported by the National Association of Realtors (NAR), includes several key provisions that aim to create long-term financial stability across the housing market. Here are the major tax updates that could impact...
They go by different names depending on the region: accessory apartment, in-law suite or in-law apartment, granny flat, second unit or secondary suite, and are also known as ohana units in Hawaii and casitas in the Southwest. Regardless of what they're called, an accessory dwelling unit, also known as an ADU, is an additional living quarters on single-family lots that is independent of the primary...
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