🔺 Philadelphia's Transfer Tax Is Going Up – What Homebuyers & Sellers NEED to Know!

Philadelphia is increasing its real estate transfer tax in July 2025, making an already high cost of buying or selling a home even more expensive. In this video, we break down exactly what this increase means for both homeowners and buyers — from how it affects closing costs, to its potential impact on suburban migration and affordability.

👀 What’s Covered:
Transfer tax increase from 3.278% to 3.578%
Total transfer tax impact: 4.578% (split between buyer & seller)
Why this matters for your financial planning
How it could shift real estate demand to the suburbs
The connection to Philadelphia’s new HOME initiative

📅 This change starts July 2025 – so if you're planning to buy or sell, timing is critical!

💬 Drop your thoughts in the comments.
📞 Want to know how this impacts your plans? Schedule a call with our team — link in the comments!

👉 Don’t forget to Like, Subscribe, and Hit the Bell for updates on Philly real estate.

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