Philadelphia Loses $11.5M Annually to Real Estate Tax Fraud, City Controller Reports

A new report from the Philadelphia city controller reveals that real estate tax fraud is costing the city and school district nearly $11.5 million annually, with 23,000 properties improperly benefiting from the Homestead Exemption program.

 

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PHA's Bold New Approach to High-Rise Public Housing!

PHA's plan to revamp Westpark at 44th and Market will replace the aging high-rises with affordable, mixed-income housing, creating a connected, sustainable, and walkable community.

 

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Philadelphia Housing Market Outlook: Trends, Prices, and Opportunities for 2025

Philadelphia's housing market in 2024 is marked by steady demand, moderate price growth, and a tight inventory, with forecasted modest price increases and a continued competitive rental market through 2025, offering investment opportunities in revitalizing neighborhoods and affordable housing.

 

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North Philly Residents Raise Concerns Over Parking and Size of Proposed 204-Unit Apartment Building

North Philadelphia residents are opposing a proposed 204-unit apartment building on West Clearfield Street, citing concerns over insufficient parking and the project's size relative to the surrounding neighborhood.

 

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Philadelphia Releases Lead Pipe Inventory, But Hundreds of Thousands of Homes Remain in the Dark

The Philadelphia Water Department has released an inventory of lead pipes across the city, revealing that the material of service lines for hundreds of thousands of properties remains undetermined, posing a challenge as the city works to comply with new federal regulations requiring lead pipe replacement.

 

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Philly Rental Market Shifts: One-Third of Listings Offer Concessions Amid Slower Fall Season

In October 2024, one-third of rental listings in the Philadelphia area offered concessions like free rent or parking deals, as an influx of new apartments and lower competition gave renters more negotiating power in a slower-than-usual market.

 

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