The lawsuit that prompted Federal Trade Commission (FTC) Chairman Andrew N. Ferguson to issue a warning letter to Mortgage Connect last week has dealt the company a significant legal blow. As the FTC scrutinizes Mortgage Connect for deploying “unjustifiable noncompetes,” a Pennsylvania judge ruled that the company’s contract was so “sweeping” and “overbroad” that it’s […]
Mortgage Connect noncompete ruled unenforceable in PA Read More »
Price reductions swept through 48% of Pittsburgh’s housing inventory during the week ending Nov. 7, 2025, as the metro maintained its position as Pennsylvania’s most affordable major market with a $249,000 median list price. The widespread price adjustments come even as Pittsburgh homes already trade at steep discounts to both state and national levels. The
Pittsburgh sellers reduce prices on nearly half of homes at $249K median Read More »
Homes in the Philadelphia–Camden–Wilmington metro area sell in a median 49 days, 28 days faster than the national median of 77 days, even as 39% of active listings reduced prices during the week ending Nov. 1, 2025. The metro’s $439,900 median list price slightly exceeds the national median of $435,000. The Philadelphia metro housing market
Philadelphia metro homes sell faster than national pace Read More »
New research from the Federal Reserve Bank of Cleveland shows that investors now own up to one in three single-family homes in parts of Northeast Ohio — with a local nonprofit working to reverse that trend. Real estate investors were responsible for 43% of home purchases last year in some of Ohio’s and western Pennsylvania’s
Cleveland nonprofit fights to halt investor homebuying wave Read More »
Pittsburgh and Cleveland rank as the world’s most affordable major housing markets, but a new report finds that not a single metro area among 95 studied actually qualifies as affordable. The annual Demographia International Housing Affordability report — released by Chapman University — measured affordability by dividing median home prices by median household incomes. Pittsburgh
Pittsburgh, Cleveland top global metro affordability list Read More »
Twenty-one years ago, Libby Sosinski was on the brink of leaving real estate for good. Today, the Pittsburgh-based Keller Williams agent consistently closes more than 200 deals a year and recently posted $26 million-plus in 2024 in sales volume, earning a spot on RealTrends Verified’s rankings. But back in 2004 — just a few months
Mountain Realty ERA Powered has acquired Miller & Associates Real Estate, an independent brokerage based in Gettysburg, Pennsylvania. The newly merged firm will operate under the Mountain Realty ERA Powered name, with a combined total of 34 agents across two offices. The acquisition expands Mountain Realty’s footprint westward, increasing its presence in central Pennsylvania (including
ERA Real Estate affiliate expands in Pennsylvania Read More »
In an effort to impact the housing supply crunch faced by the city of Philadelphia, municipal lawmakers have advanced legislation designed to speed the approval process for the production of affordable housing. The move, reported by Philadelphia-based NPR affiliate WHYY, represents a coordinated effort by city leadership to speed the process for developers who specifically
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Amid a growing wave of real estate thefts that involve fraudulent property transfers, a bipartisan pair of Pennsylvania lawmakers are pushing for new legal protections the state’s homeowners. Reps. Chris Rabb (D) and Tim Bonner (R) have introduced H.B. 1406 to crack down on deed fraud — a crime they say is being exploited due
Pennsylvania lawmakers target protections against deed fraud Read More »
In a sign of continued bipartisan cooperation to address issues related to housing costs and supply, Sen. Ruben Gallego of (D-Arizona) and Sen. Dave McCormick (R-Pennsylvania) have introduced a bill that’s designed to better facilitate interagency coordination on housing issues. bill would encourage greater collaboration between the Department of Housing and Urban Development (HUD), the
Senators introduce bill to strengthen interagency housing work Read More »