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Philadelphia Inventory Surges While Buyers Gain More Choices
More homes on the market means more negotiating power for buyers, and Philadelphia delivered. Active listings in the Philadelphia-Camden-Wilmington metro rose 14.7% year-over-year in September, nearly three times the national gain of 5.4%. Buyers had more options than they've seen in years, though the market stayed competitive. Read more from Realtor.com.
Tredyffrin-Easttown Tops Philadelphia Region School District Rankings
The top-ranked school district in the Philadelphia region now belongs to Chester County.
Tredyffrin-Easttown School District climbed to No. 27 in the nation in Niche's newly released 2027 rankings, ending Radnor Township School District's run as the area's leader, a position Radnor had held since at least 2020, reports Ryan Mulligan for the Philadelphia Business Journal. The 10-spot jump from last year's No. 37 puts Tredyffrin-Easttown ahead of two Main Line neighbors: Lower Merion at No. 48 and Radnor, which slid from No. 18 a year ago to No. 60.
The district, whose students feed into Conestoga High School, is also No. 1 in Pennsylvania and earned an overall A+ grade from Niche. Read more from Vista.Today.
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U.S. Housing Costs Could Return to "Normal" Within 5 Years. Here's What It Would Take
Housing costs could hypothetically return to "normal" within the next five years if mortgage rates drop to 6% and home-price growth holds steady around 2.1%. Alternatively, housing costs could return to normal in just a slightly longer timeline, within about six years, if mortgage rates stay where they are today, about 7.5%, and home-price growth flattens. For this report, housing costs are measured using the mortgage-payment-to-income ratio. Read more from Redfin.
ARM Share Shoots Up to 11% of Rate Locks
Adjustable-rate mortgages accounted for more than 11% of rate locks in September, their biggest share in nearly four years.
ICE said in its October 2026 Mortgage Monitor report that adjustable-rate mortgages are becoming more attractive as its conforming 30-year fixed-rate index reached 7.2%. Still, ARMs represent a relatively small portion of the overall mortgage market. Read more from The Mortgage Note.
The 'Silver Tsunami' Could Solve the Inventory Problem - and Create a Demand Problem
The "silver tsunami" may finally reach America's shores, bringing enough homes to ease its long-running inventory shortage and expose an entirely new problem in its place.
Between 2026 and 2036, an estimated 13.9 million homes currently occupied by baby boomers and the Silent Generation will be released from older owner-occupancy, according to the Generational Housing Succession report from Realtor.com released on Monday. The annual pace is projected to rise from roughly 1.27 million homes in 2027 to 1.52 million by 2036. Read more from Realtor.com.