Real Estate
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Check Out Where Your ZIP Code Ranks Among Delaware County’s Most Affluent
American City Business Journals, the largest publisher of metropolitan business newsweeklies in the U.S., recently compiled affluence ratings for 22,568 ZIP code territories across the nation. Included in the ratings are territories that had populations of 1,000 or more as of 2015. The 2017 affluence ratings are based on ACBJ’s 12-part formula, which includes: per-capita…
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Radnor Property Group Transforming the Cityscape One Apartment Complex at a Time
School’s out for the summer, but Radnor Property Group is still cramming for a test of its strategic investment in apartment developments next to area universities. Just as it finishes up building View32’s 164 apartments on 16 floors for $56 million at the edge of Drexel University, Radnor Property is digging into land near the…
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Suburbs Turn to Small Office Growth
A surge in new proposals for small office buildings in the Philadelphia suburbs may be tipping off the market that there’s big business to be had in an underserved niche. The trend is popping up simultaneously in business-centric suburbs Wayne, Conshohocken, and Radnor, according to a Philadelphia Business Journal report by Natalie Kostelni. [uam_ad id=”50739″]…
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Which Delco ZIP Code Ranks Among the Hottest Housing Markets in the Philly Area?
Delaware County’s Folcroft ranks among the Top 15 hottest housing markets in Greater Philadelphia, writes Kenneth Hilario for the Philadelphia Business Journal. According to data from Zillow on 256 ZIP Codes in Greater Philadelphia, Folcroft’s 19032 ranked 14th based on activity from both buyers and sellers. Folcroft’s current median home value is $96,000, a 7.87…
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Radnor’s Brandywine Realty Unveils Job Creation Initiative as Part of U-City Development
The Radnor-based Brandywine Realty Trust has announced a $5.6 million job creation and community engagement program as part of Phase I of its Schuylkill Yards development in University City. In developing this program, Brandywine worked collaboratively with neighborhood groups and stakeholders to create Philadelphia’s largest and most innovative neighborhood engagement initiative to date. Through a…
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Where Are the Best Places to Buy a Home in Delaware County?
Spring is here, and with the change in season, people often take some time to consider the benefits of moving into a new home, according to a staff report for the Philadelphia Business Journal. To help with this, Niche.com has a compiled a list of the best places to buy a home in Greater Philadelphia.…
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House of the Week: Spectacular Stone Manor in Newtown Square
A spectacular stone manor set on 1.5 acres of picturesque land is currently on sale in Newtown Square. The front entrance of this exquisite five-bedroom, six-bathroom home opens into a sunny, two-story, front-to-rear Reception Hall. This connects the elegant living room with fireplace, dining room with fully-equipped butler’s pantry, and the billiard room. Also on…
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Residential Real Estate Market Thriving in Delaware County
Home sales in Delaware County and the surrounding area show no signs of slowing down, according to the latest figures from Berkshire Hathaway HomeServices Fox & Roach, writes Sandy Smith for Philadelphia magazine. The number of properties sold in Delaware County for the first quarter of 2017 was 1,300, compared to 1,195 for the same…
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House of the Week: Old-World Elegance on Springton Lake
A stunningly furnished European Renaissance home in the heart of Delaware County is now on the market, and its next buyer will get all the antique and vintage furnishings along with the extravagant 24-karat, gold-leaf accents, hand-glazed moldings, inlays, casings, door trims, and more. At 140 Timber Lake Drive in Media, just off Route 252…
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For Some Professions, Including Teaching, Affordable Housing in the Area is Hard to Find
Rising home prices and low inventory are making it even harder for middle-income Americans to buy a home, writes Cheryl Young for Trulia. The typical worker makes around $37,040 annually, according to the national median, while the average house costs about $254,900. This means that a worker on a median salary would have to spend…
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New Paperless Workplace from World’s Largest Real Estate Manager Coming to Radnor
The leader in commercial real estate services is transforming its own real estate by bringing a new, open-style office environment to a brand-new, 25,735-square-foot building on East Lancaster Avenue in Radnor. CBRE’s Workplace360 concept provides a paperless office and unassigned workstations for employees to pick from, according to a Commercial Property Executive report by Razvan…
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Castle of a Home in Wayne Besieged by $400,000 Discount
A jaw-dropping $401,000 discount on the castle-like mansion at 100 Pembroke Avenue in Wayne may have just lowered the drawbridge over its affordability moat for a horde of potential buyers. The seven-bedroom, five-bathroom home was built in 1898, and is located in the Radnor School District. It has been immaculately restored by KingsHaven Design and…
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House of the Week: Four-Year-Old Masterpiece in Newtown Square
This stunningly elegant home in Newtown Square home offers both privacy and a modern style ideal for a growing family, writes Taylor Carson for Philadelphia magazine. The first floor features a formal dining room and living room, together with a gorgeous office library. The adjoining family room includes a stone wall gas fireplace and entertainment…
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Three Lansdowne Homes Offer Affordable Options in Victorian-Style Neighborhood
Three beautiful homes in Lansdowne are currently available for less than $136,000, offering affordable options in this classic, Victorian-style neighborhood, writes Shannon Rooney for the Philadelphia Inquirer. Named after the Marquess of Lansdowne, this Delco borough is well-known for its Victorian architecture and support of the arts, along with its 350-year-old Sycamore tree. The first…
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Check Out the Only Delco Locale to Rank Among the 25 Best Places to Live in Greater Philly
Rose Valley is the only Delco locale to rank among Niche.com’s 25 Best Places to Live in Greater Philadelphia, a list dominated by towns in Montgomery and Chester counties, writes Clara Lefton for the Philadelphia Business Journal. The site aims to help people discover schools and neighborhoods that are the right fit for them within…
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Which Delco Locale Ranks Among the Region’s Top 10 Hottest Suburban Towns?
Media’s influx of high-end housing, inviting retail projects, and abundant amenities have propelled it onto the list of the hottest towns vying for the next generation of residents, according to a staff report from Philadelphia magazine. With home values seeing growth of 17 percent in the last year, it’s clear that the Delaware County locale…
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King of Prussia 2.0 Challenges Stereotype of the Millennial Habitat of Choice
It’s a phenomenon that puzzles sociologists who think they’ve figured out millennials, and delights data scientists who defy popular belief about the supposedly city-centric trends. It’s the new Town Center at the heart of the Village at Valley Forge in King of Prussia, and it’s building a brand new downtown in the middle of a…
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House of the Week: Stunning Stone Mansion in Media
A stunning stone house in Media, crowned as Philadelphia magazine’s House of 2004, has hit the market. The five-bedroom home with only one previous owner is a labor of love, offering potential buyers a range of sophisticated upgrades and special features. The foyer sets the stage with raised panel wainscoting, an elegant curved balcony, and inlaid…
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