Real Estate
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Five Montgomery County ZIP Codes Are Among Top 30 Places with Fastest Growing Rents in Pennsylvania
Five Montgomery County ZIP Codes are among the top 30 places with the fastest growing rent in Pennsylvania, according to a new ranking by Stacker. Stacker compiled the list using data from Zillow. ZIP Codes are ranked based on the change in Zillow Observed Rent Index for all homes and apartments in the last year…
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New Pennsylvania Residents Moving to Montco: Where Do They Hail From?
Pennsylvania residents know well what a great place this is to live, especially in Montgomery County. But who else in our neighboring states is discovering the same thing? A new report from Stacker looked at the influx of residents and where they hail from, especially when moving to Montco. Stacker compiled a list of the…
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Malvern Bank House of the Week: Ardmore Colonial with Golf Club Access is a 1920s Gem
This gorgeous Ardmore Colonial is located at 628 Overhill Road in Ardmore and listed for $819,000. It has 5 bedrooms, 3 bathrooms, and is 3,944 sq ft. It’s a beautiful, spacious 1920 stone home, located in the highly sought-after Merion Golf Manor, is full of antique charm. The property backs up to a scenic walking…
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Pennsylvania Moving Trends: When Residents Leave the Keystone State, Where Do They Go?
According to 2019 data, Pennsylvania moving trends show a residential preference for the Sunshine State when leaving the Keystone State, according to a new report by Stacker. Stacker analyzed U.S. Census Bureau data to compile its list of where people in Pennsylvania move to most. States were ranked based on the number of Pennsylvanians relocating…
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Philadelphia Metro Area Rental Rates Soar, With No Indication When They May Peak or Fall
With the demand for apartments continuing to rise, Philadelphia metro area rental rates — and those and nationwide — are way up. Michaelle Bond examined the trend for The Philadelphia Inquirer. Rents reached two-year highs in July in the Philadelphia-Camden-Wilmington metropolitan area. Rates are up 3.5 percent compared with the same time last year. Specifically,…
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Retirees All Across the Country Are Moving to These Four Towns, and One Is in Delaware County
Delaware County residents may be surprised to know that one of their own towns is right up there with Florida, Las Vegas, and Arizona when it comes to popular places for retiring, according to Brittney Myers at Fool.com. Media Borough was second on a list of four popular places to retire. The others were in…
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Former Harleysville Insurance Headquarters Hits the Market
The 241,688-square-foot office building that used to house Harleysville Insurance has been put up for sale by Broadstone Net Lease, writes Natalie Kostelni for the Philadelphia Business Journal. The building is currently vacant but leased to Nationwide Mutual Insurance, which has now decided to shift to remote work permanently. Broadstone is also selling a Harrisburg…
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Two Major Development Projects Move Forward in Limerick
Two major development projects in Limerick that require a vote from township supervisors moved forward through the pipeline last week, writes Evan Brandt for the Pottstown Mercury. While both projects are allowed according to the zoning in which they have been placed, however, both are subject to conditional approval by the supervisors. This means that…
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Malvern Bank House of the Week: Renovated Modern Narberth Colonial Offers Charm and Warmth
This beautiful newly renovated stone colonial meets modern farmhouse in the town of Narberth. The location of this highly desirable neighborhood is within walking distance to the charming shops and restaurants, Suburban Square, parks, and all major transportation routes. . 506 Dudley Avenue offers 5 bedrooms, 4 bathrooms, and is 3,800 sq ft. There are…
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Amid Surge in Suburban Office Sales, Opal Holdings Acquires Fort Washington Office Complex for $124.5M
Opal Holdings has acquired a Fort Washington office complex that houses Toll Brothers’ Headquarters for $124.5 million amid a surge in suburban office sales, writes Natalie Kostelni for the Philadelphia Business Journal. The 680,000-square-foot property is located at 1100 Virginia Drive and is now branded as Fort Washington Technology Center. It was sold by Somerset…
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Malvern Bank House of the Week: Stately Bala Cynwyd Manor is Home to Elegance and Sophistication
Welcome home to 309 Llandrillo Road, located on one of the most sought-after streets in Bala Cynwyd. It was built at the turn of the century in 1900, with a charming walkway leading to the spacious covered front patio with sizable stone columns. . This grand, beautiful house has 6 bedrooms, 3.5 bathrooms, 3,959 sq…
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Exton’s Tree Top Builders Finds Success in the Climbing Sales of Upscale Treehouses
Tree Top Builders, the custom builder based in Exton, is reaping the benefits of a surge in the popularity of treehouses, writes Monica Buchanan Pitrelli for CNBC. The structures aren’t just for kids anymore Over the past decade, nature-loving homeowners transformed these structures — once cobbled together from scrap wood and bent nails found in…
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S&P CoreLogic Case-Shiller Index Confirms What We’ve All Suspected: Montgomery County Home Prices Are Soaring
The anecdotal evidence has been around for months: Your sister-in-law’s home sold for $200,000 more than her asking price. Your dog-walker’s condo increased in value 35 percent over eight months. Your dentist was outbid for the townhouse she wanted. Are these normal home prices? But now, there’s data supporting that anecdotal evidence: The S&P CoreLogic…
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Fort Washington-based Toll Brothers Continues High Stakes Expansion with Acquisition of Las Vegas Homebuilder
Fort Washington-based Toll Brothers is continuing its national expansion with the acquisition of StoryBook Homes, a privately-held Las Vegas homebuilder, writes Jeff Blumenthal for the Philadelphia Business Journal. The luxury home builder stated that this deal bolsters its “strong market position in the dynamic Las Vegas housing market.” StoryBook was founded in 2003 and has…
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Cheap!? Old?! Yes! Spring City Home Featured on New HGTV Show
A Spring City home owned by Paul and Veronica Semon will be featured on an episode of the new, highly anticipated HGTV show Cheap Old Houses. The show debuted last night, writes Fran Maye for the Daily Local News. The nearby 1896 Chester County home purchased by the couple for $150,000 will be spotlighted in…
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Malvern Bank House of the Week: Paradise Awaits You at Gorgeous Collegeville Residence
This desirable estate sits on about a half-acre, with a two-car garage, and a driveway leading to your own private paradise. This Collegeville home is listed for $699,900, with 4 bedrooms, 3.5 bathrooms, and 4,786 sq ft. It is located at 4011 Bittersweet Circle. . The vast living room opens up with desirable natural light…
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Jenkintown-based Galman Group Sells Two Montco Residential Properties for $15M
Jenkintown-based Galman Group has sold two residential properties in Montgomery County for a total of $15 million, writes Justin Heinze for the Patch. Both properties are in Ambler and total of 75 units. The 39-unit Ambler Crossing is located at 311 N. Spring Garden Street, while the 36-unit Longford Apartments is at 352 Valley Brook…
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Couple Transforms Bryn Mawr Home Into Their Own Mediterranean Retreat
Cosmo and Janet DeNicola transformed their Bryn Mawr property with European antiques and furniture and grapevines in the backyard into their own Italian retreat, writes Candace Taylor for The Wall Street Journal. “I’m Italian,” said the husband. “This is my little piece of Italy.” The couple bought the property in 2014. Their goal when renovating…
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