The Philadelphia real estate market kicked off 2025 with a surge in both home sales and prices, reflecting sustained demand and moderate growth. As buyers and investors continue to monitor the city's evolving housing landscape, the first quarter’s data suggests a shift toward market stabilization after years of rapid appreciation.
Read MoreExciting Franklin Square Upgrades Coming Soon
Philadelphia’s historic Franklin Square is embarking on a major $7.8 million renovation project over the next 18 months. These improvements aim to enhance the overall visitor experience while breathing fresh life into the park’s infrastructure—great news for local residents, real estate enthusiasts, and anyone who loves exploring the city!
Read MoreIn its final chapter, the SS United States will undergo a transformation from ocean liner to marine sanctuary. Once it reaches the waters off the coast of Florida, the ship will be carefully sunk and converted into an artificial reef, providing a vital ecosystem for a variety of marine life. The size of the ship, along with its steel and materials, will create an ideal environment for fish, coral, and other marine organisms to thrive.
Read MorePhiladelphia, the City of Brotherly Love, is on the cusp of a transformative journey that promises to enrich our historic districts and enhance the quality of life for residents and visitors alike. A coalition of local organizations, led by the Independence Historical Trust, has unveiled the Historical Philadelphia Vision Framework—a comprehensive plan to make our city's historical areas more walkable, bike-friendly, and interconnected.
Read MoreTransforming the Avenue of the Arts into a 10-block park presents a visionary opportunity for urban revitalization that seamlessly blends real estate development with community enrichment. This ambitious project aims to create a lush, green sanctuary in the heart of the city, where art and nature coexist harmoniously.
Read MoreIf you think your Philadelphia property's assessed value is incorrect, you have until October 7, 2024, to file an appeal with the Board of Revision of Taxes (BRT). Here’s a step-by-step guide to help you navigate the appeal process and ensure your property is fairly assessed.
Read MoreA bit over a year following a groundbreaking ceremony, the Anna C. Verna Playground is now open to all visitors at FDR Park. Honoring Philly’s inaugural and sole female City Council president, this playground is a component of the $250 million renovation of the green area located in the southern tip of Philadelphia.
Read MoreExterior faucets can cause plenty of problems for your plumbing in the winter. When the cold weather moves in, water in faucets or in attached hoses can freeze and expand, which could lead to your pipes bursting. For maximum protection in the winter from this type of issue, you’ll need to disconnect hoses, turn off your water valve, and insulate your faucet.
Read MoreThe Christian to Crescent trail segment marks the final link needed to establish a completely off-the-road pathway connecting Center City to the Grays Ferry Crescent, catering to both pedestrians and cyclists alike.
Read MorePicture a vibrant corner of South Philadelphia, where a remarkable transformation is unfolding. Not too long ago, this very area housed the East Coast's largest oil refinery—a complex of blazing steel structures, intricate pipelines, and colossal storage tanks. But fast forward to today, and you'll discover a different scene altogether—a vast, untamed terrain along the Schuylkill River, providing a striking contrast to the distant panorama of Center City.
Read MoreIn an exciting update the much-anticipated groundbreaking ceremony for the expansive cap park over I-95 is now slated for the day after Labor Day, as officially announced by the Delaware River Waterfront Corporation.
Read MoreOnce more, the cityscape of West Philadelphia's University City is undergoing a major update, with an array of new projects poised to reshape its visage. Perhaps most notably among these initiatives is the expansive 14-acre Schuylkill Yards development, a venture that boasts a roster of prominent towers.
Read MoreIf you’ve just bought a primary residence in Philadelphia, you are eligible for the Homestead Exemption (as long as you don’t have a tax abatement or other tax savings program). However, we’ve seen some homeowners get ‘denied’ because the City has been slow to record the updated deed. If you visit property.phila.gov, type in your address and don’t see your name as the owner then here is what you can do.
Read MoreIf you're a homeowner or even a renter looking to minimize your carbon footprint and maximize your savings, you're in the right place. The world of energy-efficient products and tax incentives might seem complex, but fear not – we've compiled a comprehensive overview to help you navigate this exciting journey toward a greener and more economically sound future.
Read MoreIf you own your primary residence in Philadelphia, you are eligible for the Homestead Exemption on your Real Estate Tax. The Homestead Exemption reduces the taxable portion of your property’s assessed value. With this exemption, the property’s assessed value is reduced by $80,000. Most homeowners will save about $1,119 a year on their Real Estate Tax bill starting in 2024
Read MoreExciting updates at 2301 John F. Kennedy Boulevard in Center City West! The visionary collaboration between Solomon Cordwell Buenz and PMC Property Group is getting ready to transform the Philadelphia skyline.
Read MoreThe development at Garden Court Plaza in West Philadelphia is an exciting project that will comprise a six-story extension above an existing single-floor garage structure. This extension will serve as a seamless expansion to the Garden Court Plaza, a 13-story pre-war apartment tower located at 4701 Pine Street.
Read More918 N. Delaware Avenue will join The Festival Pier redevelopment and the Greyhound bus terminal project as part of a larger initiative to transform Delaware Avenue between Spring Garden Street and Frankford Avenue. As a result of these projects, a total of 1,398 new residential units will be constructed.
Read MoreA recent view of the massive project at 1001 S. Broad Street shows about 4 floors have gone up in addition to the service cores which extend a few levels higher. When it is complete the sweeping project will encompass the entire block at the northeast corner of Broad and Washington.
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