Philly Market Still Favors Sellers as Other Cities Cool Off

While much of the country shifts to a buyer’s market, Philadelphia home sellers—and housing providers—continue to benefit from steady demand and competitive offers.

 

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WSFS Bank Offering Commercial Real Estate Loans

WSFS Bank is offering commercial real estate loans tailored for small businesses at a fixed rate.
The promotion is valid from March 31st to May 12, 2025, with loans required to be closed on or before July 31st, 2025.
Please contact John Zazworskey at JZazworskey@wsfsbank.com or 215-576-8550 for more information or if you have any questions.

Philadelphia Land Bank Resumes Bidding on Vacant Properties

After a five-year hiatus, the Philadelphia Land Bank will begin acquiring tax-delinquent properties again, supporting the city's efforts to increase affordable housing and community spaces.

 

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Philadelphia Considers Proactive Rental Inspections: What Housing Providers Need to Know

Philadelphia is exploring proactive rental inspections to improve tenant safety, following successful models from cities like Washington, D.C. Landlords may soon face more frequent inspections beyond tenant complaints.

 

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A Quarter of Philly's 2024 Homes Built in One Zip Code

In 2024, nearly a quarter of all homes completed in Philadelphia were built in the 19123 zip code, driven by rapid development along the Delaware River, particularly in Northern Liberties.

 

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Philly Considers 20-Year Tax Abatement for Office-to-Residential Conversions

A new proposal would double the current property tax abatement for converting struggling office buildings into apartments, aiming to revitalize vacant spaces and address housing needs.

 

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