The real estate market in Delaware County, PA, is bustling and constantly evolving. It is important to work with an experienced Delaware County real estate attorney.
At Isgate Law, we provide trustworthy and attentive representation to help you navigate the complexities of real estate law. Whether you’re a real estate investor, developer, wholesaler, contractor, or homeowner, our skilled real estate attorneys can provide the advice and services you need to successfully navigate any type of real estate transaction.
Contact us today to learn more about how we can help protect your rights and interests.
Delaware County, PA, is a great place to invest in real estate. The area offers a diverse range of housing options, from luxury homes in the city to small starter homes in the suburbs. The real estate market here is highly competitive, and homes sell quickly.
According to recent statistics, the county’s population has grown by over 1.83% in the last year, currently standing at 580,400 people. The median home value in Delaware County is $289,900, with a median price per square foot of $169. The housing market here is stable, with home values increasing by 5.6% in the last year and projected to continue growing in the future.
The rental market in Delaware County is also strong, with the median rent price standing at $1,259 per month. With the rental market being so competitive, the vacancy rate in the county stands at 2.6%.
If you’re looking to invest in real estate in Delaware County, then now is a good time to do so. With the combination of a growing population, stable home values, and a healthy rental market, Delaware County offers real estate investors plenty of opportunities.
The property acquisitions and closing process require legal expertise to ensure all parties are legally protected. An experienced Pennsylvania real estate attorney can help you navigate the legal aspects of buying or selling a property, from contract negotiations to title searches. Delaware County’s competitive rental market and steadily increasing home values provide investment opportunity for the real estate investor. At Isgate Law, we strive to mitigate any risks that might threaten your investment, from unexpected costs to title defects.
Target underwriting is a form of due diligence that helps investors identify and assess the risk associated with an investment property. At Isgate Law, we have extensive experience in target underwriting and can help you understand the risks associated with any potential investment as well as assess the financial viability of a property. We’ll help you determine the best course of action to maximize your return on investment.
A real estate transaction involves many complex legal documents and processes, so making sure you understand each contract is essential to protecting your interests. An experienced Delaware County real estate lawyer can help you navigate the complexities of contract negotiations and ensure that any agreement is in your best interests. At Isgate Law, we’ll provide you with experienced legal advice and ensure that all terms of the agreement are fair and equitable.
At Isgate Law, we understand the complexities of real estate syndication and can provide personalized advice to help you structure the deal and maximize your return on investment. Our Delaware County real estate attorneys will provide the legal guidance necessary to make sure your syndication runs smoothly, and you get the best return on your investment.
Sourcing investment properties can be a daunting task for real estate investors, but with the help of an experienced Delaware County real estate attorney, you can get the guidance and advice you need to make informed decisions. The fair market rent in Delaware County is $1226 for 2-bedroom housing, which is high compared to the state average at $920.00. At Isgate Law, we’ll help you identify potential investments and navigate the complexities of due diligence, title search, and other legal processes. We’ll also help you negotiate the best terms for your investment so you can maximize your return.
Real estate developers often must contend with zoning and other regulatory issues, so having experienced legal representation is a must. At Isgate Law, our Pennsylvania real estate lawyer is experienced in development law and can provide the legal guidance you need to make sure your investment is sound. We’ll help you navigate the complexities of development law and keep your interests protected. Delaware County’s high population density is attractive to the developer seeking an urban community.
Real estate contractors need to stay abreast of the latest laws and regulations in order to protect their investments. At Isgate Law, we have practical experience in construction law and can provide you with the legal advice you need to make sure your project runs smoothly. From contract review to dispute resolution, we’ll make sure your interests are protected.
When it comes to real estate wholesaling, having the right legal guidance can make a big difference, as there are many rules and regulations that need to be followed. We understand the complexities of real estate wholesaling and can provide you with the legal guidance you need to stay in compliance and to maximize your return on investment.
Delaware County’s many cities each remain unique with distinct housing markets. Here’s a quick overview of the most populous cities in Delaware County:
Chester is the largest city in Delaware County and offers some of the most varied housing options. It is known for its affordable housing and diverse range of neighborhoods. The median home value here is $105,000, an increase of 8.5% in the last year.
Yeadon is a small town bordering Philadelphia with a dense suburban feel. With a median listing of $237,500 in October 2022, the median home value in Yeadon has increased by 9.2% over the past year. Yeadon is also an attractive option for first-time buyers and investors.
Lansdowne is a small borough known for its historic charm and small-town feel. It is the second-largest city in Delaware County, with a median home value of $235,500. Home values here have increased by 3.4% over the past year.
Darby is a borough in Delaware County with a population of over 10,000 people. This urban town is has a greater population density then its neighbors. The median home value in Darby is $140,000, an increase of 12% in the last year.
Collingdale is a small borough with a distinct history and culture. It is a family-friendly community with a median home value of $184,000. Home values here have increased by 8.8% over the past year.
Brookhaven is the smallest borough in Delaware County, with a population of just over 8,000 people. It is known for its quaint charm and a strong sense of community. The median home value here is $235,000, an increase of 6.9% in the last year.
We encourage you to schedule a free consultation with our real estate attorney to discuss your investment objectives. During consultation with Isgate Law, we will determine how to help achieve your goals. Call us at (215) 396-1020 or fill out our online contact form.