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Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million

Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million

by Phil Hall | Feb 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News

CBRE Group Inc. (NYSE:CBRE) announced the $6.5 million sale of the Stafford Avenue Business Park, a three-building light industrial complex located in Scranton, Pennsylvania. The property is based on an 11.75-acre site and consists of three buildings ranging in size...
Pennsylvania Home Sales Down 7.2% From Last Year

Pennsylvania Home Sales Down 7.2% From Last Year

by Phil Hall | Jan 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of home sales in Pennsylvania during December totaled 8,966, down from 9,130 in November and down 7.2% from 2022, according to new data from the Pennsylvania Association of Realtors (PAR), which also noted sales were down 25% compared to 2020. The Keystone...
Pennsylvania Home Prices Inch Up While Sales and Inventory Decline

Pennsylvania Home Prices Inch Up While Sales and Inventory Decline

by Phil Hall | Dec 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median sales price of homes in Pennsylvania inched up slightly last month amid continued shrinkage in available properties, according to data from the Pennsylvania Association of Realtors (PAR). Last month, the median sales price in the Keystone State was...
Pennsylvania Home Sales Down 7.2% From Last Year

Pennsylvania Home Sales Down 21% Year-Over-Year

by Phil Hall | Oct 19, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data published by the Pennsylvania Association of Realtors (PAR) showed 10,238 home sales within the state during September, down slightly from August but dropping by nearly 21% from September 2022. The number of listings declined 23% in September compared to last...
M&T Bank Provides $1.22 Million for Underserved Pennsylvania Neighborhoods

M&T Bank Provides $1.22 Million for Underserved Pennsylvania Neighborhoods

by Phil Hall | Sep 27, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

M&T Bank (NYSE: MTB) announced it has provided $1.22 million this year to 42 initiatives aimed at serving distressed communities or low-income neighborhoods in Pennsylvania. The funding was allocated through the state’s Neighborhood Assistance Program (NAP),...
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