
Philadelphia Housing Market Sees Historic Low in Home Sales
Philadelphia's housing market has slowed dramatically, with home sales dropping to a historic low. Only 1.8% of homes were sold this year, reflecting a national trend.
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Philadelphia's housing market has slowed dramatically, with home sales dropping to a historic low. Only 1.8% of homes were sold this year, reflecting a national trend.

Jason Walsh, ex-CEO of the failed real estate firm ABC Capital, has been fined $350,000 for violating a 2024 settlement that banned him from managing properties.

Home prices in the Philadelphia region are 4.4% higher than the national average, fueling intense competition, especially for move-in ready homes in the suburbs.

A significant $83 million office building sale in Philadelphia signals renewed investor confidence and a potential stabilization of the city's commercial real estate market.

A Philadelphia real estate agent, Jonathan Barach, has pleaded guilty to a loan fraud scheme where he raised over $3 million for personal use, not property deals.

Philadelphia has launched a new, unified application for five real estate tax assistance programs, aiming to simplify access and increase enrollment for homeowners.

A Philadelphia real estate agent has pleaded guilty to a scheme that defrauded investors of over $3 million, using the funds for sports gambling and personal expenses.

A Philadelphia real estate agent, Jonathan Barach, has pleaded guilty to a loan fraud scheme where he solicited over $3 million for non-existent projects.