Houwzer's 2017 Year in Review: The Beginning of a New Real Estate Industry

Posted on Jan 12, 2018


What a wild year it has been! We've grown rapidly (now over 50 employees!) and we've learned so much. As excited as we are for what lies ahead, we think it's important to take a second and reflect on what our team has accomplished so far. So, how did we do this year? Here's a look back at our journey through 2017, the people we were able to help, and the numbers we were able to hit. 

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What Happens When Philadelphia Tax Abatements Expire? Part III

What Happens When Philadelphia Tax Abatements Expire? Part III

Posted on Jun 22, 2018

This blog is the third in Houwzer Senior Economic Advisor Kevin Gillen's three-part research series examining how successful and beneficial the tax abatement program has been so far. Part one of the series examined the transaction volume after the abatements expired. Part two examined what happened to the properties' market values post-abatement. This final piece uncovers the disparity between what buyers paid for an abatement and its actual value, as well as the reasons behind the disparity.