Chester County News and Community Website
PHILADELPHIA, PA — Philadelphia-area buyers paid about 15% more per square foot for newly built homes than existing properties in July, bucking a national shift that has made new construction …
Philadelphia New Homes Carry 15% Premium as U.S. Prices Flip Read More
U.S. homebuyers faced estimated monthly mortgage payments 74% higher in August than five years earlier despite putting more money down, underscoring how higher borrowing costs have overwhelmed the affordability benefit …
Mortgage Payments Jump 74% in Five Years as Rates Bite Read More
WEST SADSBURY TWP, PA — Ephrata-based Benchmark Construction paid $23 million for roughly 75 acres along Route 30 in West Sadsbury Township, according to commercial real estate reporting by the …
Benchmark Pays $23 Million for 75 Acres Along Route 30 Read More
LEMOYNE, PA — Pennsylvania home prices remained 4.7% above year-earlier levels in August even as sales fell nearly 6%, extending the affordability pressure on buyers despite little month-to-month movement in …
Pennsylvania Home Prices Rise as Sales Fall 6% Read More
PHILADELPHIA, PA — Philadelphia-area asking rents fell 0.3% from a year earlier to a median of $1,772 in August, while more than one-third of rental listings offered concessions as renters …
Philadelphia Area Rents Slip as More Landlords Offer Deals Read More
PHILADELPHIA, PA — The Philadelphia metropolitan area ranked 59th among the nation’s 100 largest housing markets in Realtor.com’s first Metro Affordability & Homebuilding Report Cards, earning a C as relatively …
Philadelphia Area Housing Market Gets C as Building Lags Read More
U.S. residential permitting fell further behind its pre-pandemic trajectory through July as builders pulled back from new projects, raising the prospect of a thinner supply pipeline even as the country …
Zillow Warns Housing Pipeline Is Shrinking as Permits Fall Read More
SEATTLE, WA — Montgomery County, PA, was one of just five major U.S. housing markets where buyers still outnumbered sellers in August, bucking a national market in which the seller …
Montgomery County Defies Record U.S. Homebuyer Advantage Read More
U.S. housing inventory climbed to its highest level since 2020 in August as new listings accelerated while sales remained weak, giving buyers more negotiating power even as home prices and …
Housing Supply Hits Six-Year High as Buyers Gain Leverage Read More WEST CHESTER, PA — Chester County home prices continued to rise in August even as the national housing market weakened, with constrained local inventory supporting prices and competition while mortgage …
Chester County Home Prices Defy National Housing Slowdown Read More