Home prices in Central Pennsylvania continue to rise amid a dwindling supply of homes for sale.

Sounds too good to be true, right? Over the past nine months, I have received calls from a number of my clients asking about a new investment opportunity being pitched to them. Whether it was a downtown York restaurant or an apartment complex in Baltimore, a primary draw of these investment opportunities was the potential tax savings. Many of these clients I would label “sophisticated investors,” so they are all well aware of various investment and tax-deferral strategies, such as 1031 like-kind exchanges. But permanent tax abatement? That almost seems too good to be true.

During National Small Business Week May 5-11, we recognize the hard work, risk and resilience of the more than 25 small business tenants in Smith Land's Central Pennsylvania portfolio of plazas.

York has five census tracts included in the federal opportunity zone program, which is designed to spark investments in distressed communities.

Six of Harrisburg’s 14 census tracts are designated as qualified opportunity zones, opening up large swaths of real estate across the capital city for new investment.

Officials and real estate professionals in Columbia, Lancaster County believe the potential for development there can be just as good as it is in bigger markets because of the borough’s federally designated opportunity zones, which include most of the downtown.

Real estate professionals have been making what they describe as a rocky but necessary transition to a new system - called Bright MLS - for listing homes for sale in eastern Pennsylvania.

Home construction in Cumberland County soared last year, though most of the building permits were concentrated in a few West Shore townships. Meanwhile, plan submissions for new homes dipped to a four-year low.

Central Pennsylvania’s top residential brokerage remains high on a list of leading companies nationwide produced by Colorado-based Real Trends. Berkshire Hathaway HomeServices Homesale Realty, based in Manor Township, was No. 31 on the latest Real Trends 500 broker ranking report.Homesale Realty posted 14,139 transactions last year, down from 14,712 in 2017. The Lancaster County broker finished last year with $3.1 billion ...

The Apartment Gallery, a York County-based property management company, is looking to expand its investor network and add to its portfolio of rental properties.