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Philadelphia real estate market, crunched by low home supply and price inflation, will see the return of $10,000 grants for first-time buyers'

The Philadelphia real estate market poses stark challenges for first-time home buyers, from low home supply to high competition, price inflation and rising mortgage rates. The popular Philly First Home program will resume giving out grants of up to $10,000 to help first-time buyers with down payment assistance costs, creating new pathways to home ownership. City planners and developers face difficult questions about affordable housing, new home construction, neighborhood preservation, gentrifica...
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