Glassboro
Real Estate
Philadelphia Metro Ranks in Middle Among Best Places for Home Buyers
Philadelphia ranked in No. 23 among the country's 50 largest metros based on which area is best for home buyers, according to a new Zillow index. 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...
Nine most expensive homes sold in the Camden area, May 6-12
A house in Camden that sold for $209,000 tops the list of the most expensive residential real estate sales in Camden area in the past week. In total, 10 residential real estate sales were recorded in the area during the past week, with an average price of $140,800, or $103 per square foot.
Large Phoenixville Apartment Complex Sells to New York Firm for $90 Million
Pantzer Properties has A large Phoenixville apartment complex sold to an entity connected with New York's Cantor Fitzgerald. A large Phoenixville apartment complex has been sold to an entity connected with New York financial services firm Cantor Fitzgerald for $90.3 million, writes Paul Schwedelson for the Philadelphia Business Journal. The...
$3.1 Million Villanova Estate Finds Buyer in Less Than a Week
A nearly century-old Villanova estate with a basketball court, golf green, soccer and lacrosse fields, and a koi pond listing for $3.1 million received an offer less than a week after it was listed, writes Ryan Mulligan for Philadelphia Business Journal. The castle-like home on Tower Road includes eight bedrooms...
See homes sold in the Camden area, May 6 to May 12
The following is a listing of all home transfers in the Camden area reported from May 6 to May 12. There were 9 transactions posted during this time. During this period, the median sale for the area was a 1,380-square-foot home on Stevens Street in Camden that sold for $145,000.
New Owners of Bala Plaza Office Campus Considering Seven New Development on Property
The new owners of Bala Plaza, New York's Adjmi family and New Jersey-based FLD Group, have big redevelopment plans for the office campus. The new owners of Bala Plaza, New York’s Adjmi family and New Jersey-based FLD Group, have big redevelopment plans for the Bala Cynwyd office campus, writes Paul Schwedelson for the Philadelphia Business Journal.
Philly-area home prices hit 2-year high last month
Housing price growth hit a two-year high in the Philly metro in April, per a new report from listing service Bright MLS.By the numbers: Median home sale prices rose nearly 11% over the past year to reach $365,000 in the region, per the reportIn Philly proper, home prices ticked up 3% to $268,000.Yes, but: Prices rose significantly more everywhere else in the burbs.The largest annual gains were in Camden County (nearly 17%), Mercer County (15.2%), and Montgomery County (12.6%).What to watch: New listings are coming on the market at a quicker pace than in 2023, boosting supply amid a housing inventory crisis, according to the report.The caveat: Philadelphia County had fewer listings in April than a year ago.The bottom line: Housing inventory is expected to grow in the metro and the market remains competitive, per the report.Read the full reportSign up for Axios Philadelphia for free.
Pilot Program Helps Philadelphians Become First-Time Homeowners, Pay Off Student Debt
The Revitalizing Neighborhoods and Increasing Homeownership pilot program has helped Philadelphians become first-time home buyers while also paying off student debt. Since October, the Pennsylvania Housing Finance Agency has been testing the waters of a grant and loan program that helps aspiring homeowners with down payments and closing costs. However,...
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