Most real estate sources seem to confirm one thing: the real estate market in Philadelphia is heating up. This means homes are increasing in value and selling for more than they would have a year or even a few months ago. Basically, it may be become what we call a seller's market. But what does that mean for someone trying to buy a home, really? Here are 5 things to keep in mind if you’re looking Continue Reading
News from the 2015 third quarter Philadelphia Housing Report
We have great news for Philadelphia home sellers or those who are interesting in investing in property in the city, either as a primary home, a second home, or a landlord opportunity. According to the latest Philadelphia Housing Report, the third quarter of 2015 saw an increase in both housing values and home prices. The average home value increased by 1.3% during the three month period from Continue Reading
Philadelphia Home Upgrades that Add the Most Value
It can be hard to pull the trigger on a costly home renovation. It can be even harder if you don’t know if you’ll ever get that money back when you sell your home. Across the board, some upgrades can recoup a larger percentage of your investment than others. However, the Philadelphia housing market has some unique features and buyers looking for specific things, which should affect your renovation Continue Reading
Why $106 Million Dollars Will Make The Gallery Mall A Cool Place Again
Pennsylvania Real Estate Investment Trusts (PREIT) has announced that it will be partnering with Macerich Co. from California to revitalize the Gallery Mall in Philadelphia. Over $106 million has been earmarked for renovations that are certain to bring vendors and customers into the 1.4 million square foot shopping center. The future of the Gallery Mall is definitely looking up! With the Continue Reading
Girard Park Improvements In Girard Estates Philadelphia Neighborhood
According to an article in the South Philly Review, historical landmark Girard Park is finally slated for infrastructure improvements with capital funding of over $250k. Since the park has been neglected and overlooked throughout the past decade, it sadly has become more of a popular place for the homeless to rest in, than serving any other useful purpose. Other than volunteer cleanups by Continue Reading
26 Neighborhoods Around Center City Philadelphia Where Young Home Buyers Are Paying Attention
Are you a young professional looking to buy a home in or around Center City Philadelphia but not sure which neighborhood is right for you? Or you think you know where you want to live because you hung out at some coffee shop or bar but don't know the exact name or anything else about the area (it's okay...even us real estate agents get the neighborhood lines confused sometimes)? Well you're in Continue Reading