Investors in lower-income opportunity zones are seeing appreciation on their properties grow higher and higher. Opportunity zones were established by Congress in the Tax Cuts and Jobs Act of 2017. They offer investors tax breaks in exchange for making long-term investments in the revitalization of low-income federally designated neighborhoods nationwide. The median single-family home and …
Tag: Real Estate
Dec 28
Home in Delco / Broomall PA. – 2540 Franklin Ave. Broomall, PA. 19008
Listing courtesy of Meghan Chorin – Compass $699,900 Est. Mortgage $4,754/mo*4 Beds3 Baths2284 Sq. Ft. Description about this home for sale at 2540 Franklin Ave. Broomall, PA. 19008 Construction starting October 2022- welcome to 2540 Franklin Avenue in top rated Marple Newtown Schools! This 4 bedroom, 2.5 bathroom home offers a traditional floor plan with …
Dec 27
Prices Climbing in Opportunity Zones
Investors in lower-income opportunity zones are seeing appreciation on their properties grow higher and higher. Opportunity zones were established by Congress in the Tax Cuts and Jobs Act of 2017. They offer investors tax breaks in exchange for making long-term investments in the revitalization of low-income federally designated neighborhoods nationwide. The median single-family home and …
Dec 27
‘Call Before Showing’ Codes Enhance Customer Service
Requiring buyer’s agents to call the listing broker before a showing can provide sellers additional clarity on property access and greater peace of mind. Key takeaways: Recently, there has been a lot of talk about CBS codes in one of the markets I serve. If you aren’t already aware, CBS stands for “call before showing.” …
Dec 27
Broomall PA. / Delco Home – 1 Lawrence Road #M, Broomall, PA. 19008
Listing courtesy of Emily Cohen – BHHS Fox & Roach-Bryn Mawr $225,000 Est. Mortgage $1,886/mo*2 Beds1 Bath985 Sq. Ft. Description about this home for sale at 1 Lawrence Road #M, Broomall, PA. 19008 This is a must see and just what you have been searching for…a beautifully renovated, move in ready, first floor 2 bedroom, …
Dec 23
Investment Firms Target Vacation Homes
Vacation homes have seen growing demand since the pandemic began, and investors are taking notice of the sector, largely the domain of individual homeowners until now. Investors want to capture more of the bustling market for short-term rentals. Saluda Grade, a New York investment firm, has teamed up with AvantStay, a short-term rental operator, to buy about $500 …
Dec 23
Drive-Thru Lanes a Big Draw in Commercial Real Estate
Commercial properties with a drive-thru lane are commanding higher rents. The pandemic has led to a new appreciation for being able to stay in your car while you’re served. Properties with drive-thru lanes are being sold at a premium and attracting rents that are 10% to 20% higher than typical lots, the CoStar Group reports. …
Dec 22
Top 50 Office Transactions
Life science and medical offices are proving to be the all-stars in the recovering office sector. A $3.4 billion sale of University Park at MIT topped the 2021 rankings for commercial transactions in the office space, setting a new record, according to a new study released by CommercialCafe, a commercial real estate internet-listing service. CommercialCafe …
Dec 22
Delaware County / Delco PA Home – 22 Skylar Circle, Media, PA. 19063
Listing courtesy of Kristin Ciarmella – Keller Williams Realty Devon-Wayne $629,000 Est. Mortgage $4,356/mo*3 Beds3 Baths2560 SQ. Ft. Description about this home for sale at 22 Skylar Circle, Media, PA. 19063 Welcome Home to one of the most desired floor plans and a rarely offered END UNIT in the “Reserve”. Well-maintained and thoughtfully upgraded Larchmont …
Dec 20
Multifamily Demand Rebounds in Big Cities
The onset of the pandemic led to a decrease in multifamily housing demand in high-density cities as renters started to favor more spread-out communities in the suburbs. But big-city demand is coming back. Multifamily home building is gradually picking up pace in large metros once again, according to an analysis from the National Association of …
Dec 20
Office Occupancy Is Increasing
Employees are headed back to the office. After the pandemic caused many companies to encourage work-from-home policies for office workers, real estate indicators signal a reversal. As they return, companies want more space. As of February, office occupancy continued to increase, with 84% of 390 metro areas seeing a rise, according to CoStar data. Since …
