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Philadelphia Metropolitan Area Real Estate Law Blog

Tag: Home Purchase

If Millennials can’t afford houses, are developers out of luck?

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Development on Jul 3, 2015.

Real estate developers, homebuilders and realtors have had a pretty rough decade, and new potential problems seem always to be on the horizon. The foreclosure crisis sent new housing starts plummeting — and the apartment industry booming. Climate change threatens to alter entire coastlines — or at least to create new design and insurance challenges. Now, an entire generation of Americans may have given up on homeownership.

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Luxury senior living communities rising in popularity

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Development on May 2, 2013.

As the economy continues to recover, high-end facilities catering to senior citizens are once again becoming popular. While sales of residences in these communities have not returned to the heights they reached in 2005, a rise in seniors moving into these luxury communities has been noted.

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