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Hits and Misses for the Real Estate Week of July 8-12

Hits and Misses for the Real Estate Week of July 8-12

by Phil Hall | Jul 12, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A proposed sales tax hike to finance Denver’s affordable housing, a bumbling response to Hurricane Beryl and too many empty offices in San Francisco. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 8-12. Miss: Rocky...
New Pennsylvania Law Addresses Residential Wholesaling Abuses

New Pennsylvania Law Addresses Residential Wholesaling Abuses

by Phil Hall | Jul 10, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania Gov. Josh Shapiro has signed a new bill into law designed to protect home sellers and buyers in residential wholesaling transactions. Senate Bill 1173, which was sponsored by Republican Sens. Pat Stefano and Greg Rothman, requires anyone conducting...
Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

Morgan Properties Acquires 11-Multifamily Property Portfolio Across Pennsylvania

by Phil Hall | Jul 1, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

The multifamily community owner Morgan Properties has acquired a portfolio of 11 multifamily properties throughout Pennsylvania from the original developer and owner, The DePaul Management Company. The acquisition encompasses 3,434 units in the suburbs of Philadelphia...
Pennsylvania’s Median Home Sales Price at $295K

Pennsylvania’s Median Home Sales Price at $295K

by Phil Hall | Jun 20, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s median home sales price reached $295,000 last month, according to data from the Pennsylvania Association of Realtors (PAR). This marks a 5% increase from the $280,000 sales price in April and an 8.2% upswing from $273,000 in May 2023. “Home sales...
Pennsylvania’s Median Home Sales Price at $295K

New Record High for Pennsylvania’s Median Home Sales Price

by Phil Hall | May 20, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania’s median home sales price broke a new record in April at $280,000, up nearly 25% from March and up 7.6% from one year earlier, according to data from the Pennsylvania Association of Realtors (PAR). As prices soared so did sales. Last month, Pennsylvania’s...
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