Market Report

Property

Philly Region Home Sales Hit Four-Year High

Inventory continues to fall, and median sale prices aren’t shooting upwards, but home sales posted strong gains in 2016 across the Philadelphia region, according to […]

Property

More Black Than White Homeowners Still Underwater, Study Finds

Do you live in Stenton, West Oak Lane or Cobbs Creek? If you do, the odds that you’re paying off a mortgage that’s bigger than […]

Property

Philly’s A Bargain* for the Short-Term Renter

With the presence of luxury extended-stay pioneer AKA in this market, you might get the impression that renting a residence for a short visit is […]

Property

Is the High-End Rental Party Over Now That It’s Gained Steam Here?

The real estate sections in local and regional media of late, most definitely including this one, have been awash with stories about new luxury rental […]

Business

How Residents Are Rearranging the Office Market Furniture

Amid the numbers contained in JLL’s latest quarterly report on the Philadelphia office market were some moves that signal that life along Market Street East […]

Property

In Greater Philly, Gladwyne Is Still Where the Money Is

One local list that’s followed almost as ardently as Phillymag’s own “50 Best Restaurants” is the Philadelphia Business Journal’s annual list of the 25 wealthiest […]

Property

Affordable Apartments Getting Scarcer in Philly, Fed Says

Studies conducted by the Federal Reserve Bank of Philadelphia have shown that gentrification produces benefits for those lower-income residents who do manage to remain in […]

City Life

CCD Report: Millennials Help Spur Strong Retail Growth

Just as the influx of new residents into Center City ultimately overflowed its confines, the retailers and restaurateurs that are rushing to serve them are […]

Business

Philly Real Estate Forecast 2017: No Irrational Exuberance Here, Not Yet

Let’s get this out of the way first: Eric Goldstein is simply ahead of the curve. The head of the King of Prussia District has […]

Property

Homes Got More Affordable in Philly Last Quarter

House prices in the Philadelphia market continued to climb in the third quarter of 2016, which is good news for homeowners wishing to sell. But […]

Property

Study: For 53 Percent of Philly-Area Residents, The Rent Is Too Damn High

If you’re young, you’ve heard it from your parents. If you’re not, you’ve heard it from your financial adviser. Heck, you’ve probably heard this advice […]

One Drexel Plaza and Drexel Square
Business

U-City Named Hottest Tech Submarket in Nation

Those shiny new buildings rising in University City are not only turning it into Philadelphia’s second downtown — they’re making it the nation’s hottest submarket for […]

Property

Philly Still Among Nation’s Pricier Rental Markets, Survey Says

The good news: Philadelphia remains the second most affordable rental market in the Northeast. The bad news: That doesn’t mean it’s one of the most […]

Property

Philly Slips A Notch on the Affordability Scale

The good news: you can still afford to buy a home in Philadelphia if you’re a middle-income earner. The bad news: It got just a […]

Property

You Really Don’t Want to Rent Here, Number-Crunchers Say

If the silver lining of the Philadelphia housing market is how affordable its homes for sale are, then the state of its rental housing market […]