Philly Homes More Affordable Than Nationwide in 2024, But Still Challenging for Buyers
While homes in the Philly region were more affordable than the national average in 2024, buyers still spent a significant portion of their income, with many households dedicating a third of their earnings to monthly mortgage payments.
Philadelphia Ranked Fifth on Zillow’s Hottest Real Estate Markets for 2025
Philadelphia’s proximity to New York, along with higher interest rates and low inventory, has made it one of the top real estate markets to watch in 2025, with increased demand from New Yorkers seeking affordable properties.
Mortgage Demand Shows Mixed Trends as Rates Reach Highest Levels Since May
Mortgage applications saw a 7% year-over-year increase despite rising interest rates, with refinancing demand up by 22%, while purchase applications dropped slightly amid high home prices and inventory shifts.
U.S. Homelessness Surges 18% in 2024 Amid Affordable Housing Crisis and Rising Costs!
U.S. Homelessness Jumps 18% in 2024, Highlighting the Critical Need for Affordable Housing Solutions as Rent Soars and Pandemic Aid Ends.
Philly's New Affordable Housing Pilot: Will Mayor Parker Expand on This Model?
Philly's new affordable housing project, The Parker, mixes market-rate and affordable units on city-owned land, leaving people wondering if Mayor Parker will build more like it in the future.
Philly Stat 360: A Platform for Accessing City Government Performance Data
Philly Stat 360 is an initiative by Mayor Parker’s office aimed at making City government performance data more accessible, transparent, and actionable to the public, with the goal of creating a safer, cleaner, greener Philadelphia with economic opportunities for all.