Michaelle Bond

Leaders of a Montgomery County town want a new affordable apartment complex, but some residents are fighting against it. And a prominent developer has joined the Philadelphia Land Bank.

As housing affordability remains a major challenge, especially for first-time buyers, one in five couples with registries on The Knot wedding planning website are creating home funds.

More couples are creating “home funds” on their wedding registries, so guests can help them buy their first house. And Philly owes former homeowners lots of money from sheriff’s sales.

Renters in the Philadelphia metro area are looking for washers and dryers in their units, air conditioning, good cell phone reception, and high-speed internet, according to a national survey.

People most affected by construction damage are longtime residents of gentrifying neighborhoods. And an architecture critic talks old factories and lessons for conversion of offices into apartments.

A vacant lot in the diamond district could soon be filled with nearly 100 apartments and/or condos, according to a new proposal. And Philly developers aren’t building multi-bedroom apartments.

As home ownership becomes less affordable, a program for first-time home buyers in Philadelphia aims to help them through grants, forgivable loans, financial education, and favorable mortgage terms.

In 2022, mortgage applications dropped, Black and Hispanic borrowers were more likely to be denied loans, and Philadelphia continued to become a little less residentially segregated.

Center City condos, townhouses, penthouses and more will be open to tour on Saturday as part of a big open house event. And a new report finds mortgage applications were down in 2022.

Prospective home buyers and curious residents can tour dozens of properties in greater Center City, from a $217,000 studio to multimillion-dollar penthouses. Agents hope to promote Philadelphia.