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Jay Goldstein Blog Posts

Philadelphia’s City Council has Focused on Legislation Related to the Local Real Estate Industry

June 29, 2021

Real Estate

Philadelphia’s City Council has focused on legislation related to the local real estate industry. Let’s look at two of these measures and how they might impact the development community. As a result of increased construction…More

What’s Driving the Hot Housing Market? Is It Sustainable or Is It The 2008 Bubble All Over Again?

May 26, 2021

Real Estate

A recent Zillow report tackles these questions with an interesting analysis. Zillow finds that homebuyer demand will continue to grow because of three primary external factors: Easy access to low cost mortgages. Record low interest…More

The Philadelphia Housing Market Stays Strong…Confirmed by the Center City District

April 26, 2021

City of Philadelphia

The March Center City District report highlights: the regional housing market continues to show strength with transactions and sale prices higher than the pre-pandemic level. In the third and fourth quarters of 2020, the volume…More

The Housing Market Both Locally and Nationally Suffers From Lack of Inventory

March 23, 2021

Real Estate

The Philadelphia Inquirer ran a story analyzing the housing market’s strength locally and nationally. To summarize: According to Realtor.com., homes listed for sale nationally in February were down almost 50% from the same time last…More

Philadelphia City Council’s Legislative Activity at the Close of 2020 and its Impact on the Local Real Estate Market

January 26, 2021

City of Philadelphia, Real Estate

Happy New Year! We want to review the legislative activity coming out of Philadelphia City Council that affects the housing market. On December 10, 2020, Council passed bills which have a direct impact on real…More