Residential Real Estate & Development
-
Folks Are Lining Up These Days to Buy Homes Along the Main Line
There are bidding wars for Main Line homes currently selling well above their asking price, writes Ryan Mulligan for the Philadelphia Business Journal. The prestige of living on the Main Line is causing a gold rush mentality for people hoping to buy property there. Realtor Karen Strid listed a Radnor home on Tuesday as a…
-
Historic Witherspoon Building in Center City to Become 186-Unit Apartment Complex
After serving as Presbyterian Church offices and later as short-term rentals, the historic Witherspoon Building in Center City is being turned into a 186-unit apartment complex, writes Jake Blumgart for The Philadelphia Inquirer. SSH Real Estate, which owns the 11-story building that dates back to 1896, decided to discontinue short-term rentals after hospitality operator Sonder…
-
Philadelphia Housing Authority Purchases Olde Kensington Development in $49.1M Deal
Philadelphia Housing Authority has acquired a recently completed 200-unit development in Olde Kensington as part of its push to purchase several multifamily properties, writes Paul Schwedelson for the Philadelphia Business Journal. PHA paid $49.1 million for the Avenue V development, which was completed by Philadelphia-based Riverwards Group back in January 2026. “They gave us a…
-
Ellis Preserve Developer in Newtown Square Eyes Multifamily Properties
An affiliate of Equus Capital Partners, the Newtown Square developers behind the Ellis Preserve, is in the process of raising a $600 million fund to invest in multifamily properties, writes Paul Schwedelson for Philadelphia Business Journal. Equus Multifamily Partnership L.P. has so far raised $34.3 million. The fundraising began in the first week of March,…
-
Mid-Atlantic Buying: Delaware County Still Has Affordable Homes
Delaware County is one of only five counties in the entire Mid-Atlantic where a typical homebuyer can still afford a typical home, writes Michaelle Bond for The Philadelphia Inquirer. The median asking price of homes in Delaware County in the last quarter of 2025 was $289,450, and the median household income was about $89,500. An…
-
First Bank House of the Week: 18th Century Charming Colonial in Chester Springs
A charming colonial home on five acres with three bedrooms and three full and two half bathrooms is available for sale in Chester Springs. . . This exceptional residence perfectly combines historic charm with timeless character. Distinctive details include hardwood and tile flooring, floor-to-ceiling windows, classic brick floors, and a striking built-in bookcase, all blending…
-
New Philadelphia Bill Would Expand Transit-Oriented Development, Allowing More Housing Near SEPTA
A new bill from Mayor Cherelle L. Parker’s administration would allow more apartment construction around SEPTA stations to help boost ridership, writes Jake Blumgart for The Philadelphia Inquirer. The proposal expands an existing law that allows developers to build more housing with less parking on many properties that are within 500 feet of SEPTA stations…
-
Riverfront Home in New Hope with Five Terraces Hits Market for $10 Million
A home on the Delaware River in New Hope recently hit the market for $10 million, as waterfront real estate values soar in the borough, writes Ryan Mulligan for the Philadelphia Business Journal. The house, located on Main Street, was completed in 2021 and spans 6,000 square feet, featuring a car elevator, five terraces, a floating dock, and an interior elevator. Residents…
-
First Bank House of the Week: Spacious Family Rambler in Chester Springs
A gorgeous rambler home on 8.5 acres with four bedrooms and four and a half bathrooms is available for sale in Chester Springs. . . This exceptional residence is privately set at the end of a long drive, helping create a peaceful backdrop overlooking Birchrun Creek and surrounded by scenic woodlands. Distinctive details include soaring cathedral ceilings,…
-
Lambertville Couple Transforms Neglected Cape Cod Into Modern Rancher
When their 1895 rowhouse began feeling too cramped, Lambertville couple Lauren Braun-Strumfels and Kyle Strumfels purchased a neglected 1970s Cape Cod, eager to transform it into their dream home, writes Zoe Rosenberg for The Philadelphia Inquirer. “With the rowhouse, there were certain things that we just wouldn’t want to do to it, historically, to preserve…
-
Greater Philadelphia Tops National Housing Market Price Growth in January
Greater Philadelphia saw the strongest home price growth among 40 major metro areas in January, with prices rising 8.6 percent year over year, writes Ryan Mulligan for the Philadelphia Business Journal. In January, the region’s median home price increased to $380,000, up from $350,000 a year earlier. According to a recent report from Homes.com, this…
-
Former Exton Office Building Converted into 32-Unit Apartment Building
A vacant office building in Exton has been redeveloped into a suburban rarity, an apartment building with 24 studio units and eight single-bedroom apartments, writes Joseph N. DiStefano for The Philadelphia Inquirer. Ownership of the building rests with a group led by local real estate lawyer David McFadden, broker John McGee, and investment partner Chiu Bai. The group hopes…
-
Philly Homeowners Stay Put Longer, With Average Tenure Hitting 9.5 Years
Homeowners in Philadelphia are remaining in their homes longer than at any time in at least twenty years, with the average tenure now sitting at 9.5 years, write Mike D’Onofrio and Sami Sparber for AXIOS. In 2005, homeowners typically spent less than four years in their residences before deciding to move. These days, long tenure,…
-
First Bank House of the Week: 1770s Colonial Expanded Farmhouse in Elverson
An attractive colonial farmhouse set on 3.9 acres with four bedrooms and three and a half bathrooms is available for sale in Elverson. . . This remarkable residence combines historic charm with modern elegance for a truly unique experience. Distinctive details include exposed beams, spiral staircases, wood or stone accents throughout, built-in cabinetry, and four wood-burning fireplaces that infuse character into…
-
Two Chester County Towns Rank Among Pennsylvania’s Most Competitive Housing Markets
Two Chester County boroughs rank among the most competitive housing markets in Pennsylvania according to a recent report from Stacker. In the evaluation, completed by Redfin Real Estate, West Chester and Phoenixville ranked among the state’s twenty most competitive markets. The two boroughs ranked sixteenth and eighteenth respectively. Redfin ranked Pennsylvania housing markets according to…
-
Bucks County Housing Market in Nation’s Top 50 at Year-End 2025
One Bucks County housing market ranked among the top 50 nationwide in the fourth quarter of 2025, making it one of only two Greater Philadelphia housing markets to earn a spot, write Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. The ranking highlights ZIP codes where market activity is surging, prices are climbing…
-
First Bank House of the Week: Sustainable Space at Grist Mill Farm in Glenmoore
A stunning manor home called Grist Mill Farm on 25.9 acres with four bedrooms and three and a half bathrooms is available for sale in Glenmoore. . . This gorgeous property, known as Grist Mill Farm, combines historic charm with modern sophistication. Refined details inside the main home include cobblestone flooring, crown moulding, handcrafted built-ins, and…
-
Toll Brothers’ Birch Run at New Britain Luxury Community Opens in Chalfont
Fort Washington-based Toll Brothers has opened Birch Run at New Britain, a luxury townhome community in Chalfont, with the first homes expected to be ready for spring move-in. Three-story, three-bedroom townhomes at the community will offer open-concept floor plans of more than 2,000 square feet, including flex rooms and two-car garages. Homebuyers can select quick…
Pioneer Partner
Founding Partners
Advertisement
Affiliate Partners
Community Partners
