Real Estate
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Toll Brothers Sell Virginia Property After Data Center Makes an Offer ‘It Couldn’t Refuse’
Toll Brothers, based in Fort Washington, recently made an unexpected sale of a parcel of land in Virginia in what it is calling a “one-off,” saying it was an offer “it couldn’t refuse,” writes Dan Brendel and Michael Potter for the Philadelphia Business Journal. Toll Brothers CEO Douglas Yearley Jr., said during an investors’ call…
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Horsham Hotel Put Up for Auction; Starting Bid Is $1.4M
The TownePlace Suites Philadelphia Horsham is headed to auction, writes Emma Dooling for the Philadelphia Business Journal. The 94-key hotel was put up for auction earlier this month with a starting bid of $1.4 million. Online bidding will take place on Crexi, a digital real estate platform, starting June 24. The property is currently owned…
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Philadelphia Metro Ranks in Middle Among Best Places for Home Buyers
Philadelphia metro ranked in the middle of the pack among the best places for home buyers in Zillow’s new market heat index. Zillow’s new market heat index represents buyers’ urgency or sellers’ confidence in an area. It considers the share of homes that sell quickly, the share of homes that get a price cut, and…
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First Bank House of the Week: Custom Colonial in Media
A lovely custom colonial in Media sitting on 1.26 beautiful acres with four bedrooms and four full and two half bathrooms is available for sale. This attractive residence is perfectly nestled amongst lush trees lining a quiet cul-de-sac. Enter from the elegant foyer through a stone archway. To the left is a sunny sitting room,…
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Home Ownership Among Single Mothers in Philly Region Higher Than Most Major Metros
Single mothers in the Philadelphia metro are more likely to own a home than in most other major metros in the country, writes Michaelle Bond for The Philadelphia Inquirer. According to LendingTree’s analysis of Census Bureau data, in 2022, around 43 percent of single mothers in the Philadelphia region owned their homes. This ranked Philadelphia…
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$700K Converted Garage Home in Nearby Fountain Hill Causing a Stir on TikTok
A lofty listing in Lehigh County’s Fountain Hill, a town just outside of Bucks County, has stirred controversy on TikTok, writes Geoff Weiss for Business Insider. A nearly $700,000 garage converted into a family residence was featured in a video by Tiktoker, Zillowtastrophess. The 4,000-square-foot residence is considered “loft-style” and features three bedrooms,…
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A Look Inside the Media Home Once Owned by Mike Schmidt
A stunning French country residence once owned by Phillies great Mike Schmidt is available for sale in Media. The home has seven bedrooms and six full and three half bathrooms. The home is perfectly nestled on 3.4 gorgeous acres with lush grounds and meticulous landscaping. Entry to this French country residence is through a two-story…
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First Bank House of the Week: Stone-Front Colonial in Chadds Ford
A charming stone-front colonial on 2.01 lovely acres with five bedrooms and five full and two half bathrooms is available for sale in Chadds Ford. Perfectly nestled amid lush greenery, this stunning residence boasts both a wonderfully private and quiet setting. The home features an open-concept layout perfect for both gatherings and comfortable living. Highlights…
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Gen X Leads the Surge in Philadelphia Metro’s Millionaire Homeowners, Outpacing Boomers
The number of millionaire homeowners in the Philadelphia metro area is on the rise, with households that earn $1 million and more now being one of the fastest-growing income groups, according to a recently released study from Point2, an international real estate search website that covers industry trends and news. Nationwide, the number of households…
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Jenkintown Home with Mercer Tiles on Front Porch Hits the Market
A lovely six-bedroom, three-and-a-half-bathroom home originally built in 1890 with Mercer tiles on the front porch recently hit the market in Jenkintown, writes Paul Jablow for The Philadelphia Inquirer. The owners, Sophia Koropeckyj and her husband, Bohdan Pazuniak, wanted a home that had not been ruined by remodeling when they were looking to buy a…
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Luxury Home Prices Continue to Rise Nationwide, but Not Here in the Philly Metro
The prices of luxury homes in the United States are higher than they have ever been, with the median-priced home selling for a record $1,225,000 in the first quarter, which is an increase of 8.7 percent from a year earlier, according to a recently released report from Redfin. Luxury home prices are growing primarily because…
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Family Bought Farmhouse in Bucks County That Needed Saving and Kept Adding to It Over Years
When looking for a new home for their family, Jim and Connie Martin found a stone farmhouse in Bucks County they liked, but knew it would take a lot of work and time to save it, writes Laura Hoover for The Philadelphia Inquirer. But this did not deter the couple. They purchased the rundown building…
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First Bank House of the Week: Stunning Colonial in Garnet Valley
A stunning colonial in Garnet Valley on a lovely lot with six bedrooms and four and a half bathrooms is available for sale. This beautiful, recently updated residence is in the prestigious Greystone Community. It boasts many entertaining areas as well as private spaces to enjoy with your family. Its gorgeous living room with a…
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Set For Demolition, A Rittenhouse Square Property Has a Prospective Buyer
A Rittenhouse Square property set for demolition has a prospective buyer eyeing it, writes Paul Schwedelson for the Philadelphia Business Journal. The property located at 1812-14 Chestnut Street is owned by the Philadelphia Federation of Teachers, and is mostly vacant. A demolition permit was approved on April 12. “We have a buyer interested in the…
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These Delaware County Communities Have What It Takes to Rank High in the Region
Though walkability is a popular consideration for moving into today’s suburban communities, five Delaware County suburbs ranked high for other considerations as well. Niche looked at the top 25 suburban towns in the Philadelphia region based on neighborhood ‘diversity, cost of living, college degree holders, and the quality of schools and housing. Swarthmore, Rose Valley,…
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Campbell Soup Heir’s Former Estate in Gladwyne To Sell At Auction
Linden Hill, the former home of Campbell Soup heirs for nearly 50 years, will be heading to auction in May, writes Lauren Peacock for Mansion Global. The French Norman-style stone mansion, which spans some 14,467 square feet and is accompanied by 26.3 acres, is being sold by Robert Burch, a venture capitalist. “We are really…
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Media’s Great and All, But Who Else Is on That Money Magazine List?
Money is a national magazine that’s been around in one form or another since 1972, so when a Money Magazine list says that Media Borough is one of the 50 best places to live in the U.S., it’s probably on to something. On the other hand, Buffalo, New York also made their list, writes Victor…
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First Bank House of the Week: Traditional With Views in Newtown Square
A lovely traditional home on 0.51 attractive acres with four bedrooms and three full and two half bathrooms is available for sale in Newtown Square. This beautiful residence is a custom-built Nottingham model with over 3,900 square feet of meticulously crafted living space and breathtaking views of Ridley Creek State Park. The home welcomes you…
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