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The U.S. housing market faces a significant problem: there aren't enough homes to go around. Experts at Freddie Mac say we need an extra 1.5 million homes to meet current demand. This shortage is ...
Despite the shifts, affordability remains a hurdle for many potential buyers. The median home sale price has reached an all-time high of $397,250, up 4.9% year over year. Mortgage rates, while ...
June 27, 2024 at 11:43 AM. A growing number of Americans making six-figure salaries are worried about paying their monthly bills, according to a new survey published by the Federal Reserve Bank of ...
As of 2021, the Philadelphia metropolitan area was estimated to produce a gross metropolitan product (GMP) of US$479 billion, [2] an increase from the $445 billion calculated by the Bureau of Economic Analysis for 2017, [3] representing the ninth largest U.S. metropolitan economy. Philadelphia was rated by the GaWC as a 'Beta' city in its 2016 ...
The Philadelphia Housing Authority (PHA) is a municipal authority providing Public housing services in Philadelphia, Pennsylvania. It is the fourth-largest housing authority in the United States and is the largest landlord in Pennsylvania. PHA houses over 76,000 people in the city of Philadelphia.
The Inquirer and the Philadelphia Daily News were among the 12 least profitable Knight Ridder newspapers that McClatchy put up for sale in March 2006. On June 29, 2006, The Inquirer and Daily News were sold to Philadelphia Media Holdings LLC (PMH), a group of Philadelphia-area business people, including Brian Tierney, PMH's
In 2019, a household earning the local median income could afford to buy the median-priced home in 94% of U.S. counties. Today, that can be said of only 63% of counties. The conservative estimate ...
Share Food Program was founded in 1985 as a 501 (c) (3) non-profit organization, focused on increasing access to low-cost food in Philadelphia, using a food co-operative model. Beginning in 1991, it expanded its operations to fight hunger, by getting food to people in need throughout the city. [4] [5]