Real Estate
Newtown Named 'Hottest Suburban Philadelphia Town' By Philly Mag
Hey Newtown, you're one of the area's 10 hottest suburban towns, according to Philadelphia Magazine.
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Newtown was named one of the area's "10 Hottest Suburban Philadelphia Towns" in Philadelphia Magazine's March issue.
Newtown was the only Bucks County town to be included on the list. Other towns include Malvern, Ardmore and Phoenixville. Click here to see the full list.
"With a spate of new high-end housing, hip retail projects and amenities galore, these 10 suburban towns are in a race to lure the next generation of residents," the magazine said.
Find out what's happening in Newtownwith free, real-time updates from Patch.
Here's what the magazine has to say about Newtown:
Newtown Township has long been synonymous with historic country charm, which is why the yuppies flocked here in the ’80s to new developments that used to be orchards and farms. Now their offspring — as well as new arrivals — are reshaping the area again. “A lot of the changes have to do with demographics,” says Newtown native Jay Spaziano, an agent with Addison Wolfe Real Estate. While most Newtown-area residents are getting up in years, an influx of younger folk led to a 27 percent drop in the median age of Newtown Borough’s south side from 2010 to 2015. Those new arrivals — who love the lauded Council Rock school district — have a new way of living: They’re replacing older houses with more modern ones and prefer planned communities with smaller plots of land to tend to (like the Reserve at Makefield, a new Toll Brothers community).
The report goes on to say the housing activity has had a positive effect on business in town, with the development of Steeple View on State Street and The Promenade on Sycamore Street.
Find out what's happening in Newtownwith free, real-time updates from Patch.
"Despite all the movement, locals are quick to note that the borough has done a great job of preserving the quaint vibe and history," Philly Mag says.
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