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Tag / Center City Philadelphia Real Estate

Q3 Home Sales “Rose Significantly” in Philadelphia

Recover & Rebound: Why Philadelphia’s Q3 Home Sales Display Promising Trends 3rd Quarter Review: Home Sales in Philadelphia, PA July 2014 – September 2014 Data analysis: Kevin Gillen, Economist (Recorder of Deeds Office) The Facts 1. Sales volumes increased from 2nd Quarter. Most notably, within lower-priced neighborhoods. 2. Just below 4,000 transactions July – September 2014. 1st time since...CONTINUE READING

Weekend Open Houses: Sunday Oct. 5

Public Showings this Sunday October 5th, from 11am – 4pm.  119 Fairmount Ave, Northern Liberties 1014 N Orianna St, Northern Liberties 837 N 2nd St #308,  Northern Liberties 501-507 Vine St #9, Old City 2201 Cherry St #603, Logan Square Photography: Matt Robnett (Matt@PLUSHimage.com) — # 1 – 119 Fairmount Ave, Philadelphia, PA 19123 Newly Listed Northern Liberties...CONTINUE READING

Piazza-Style Development Proposed in Kensington

Philadelphia & Queens. However, this would be their first major Philadelphia-development endeavor outside of Temple University. The company hopes to freak ground by the fall, and complete the project within two and a half years. For further information on this proposal, check out the original article by Samantha Melamed, Philadelphia Citypaper. This is brought to...CONTINUE READING

Debt Downgrade and Mortgage Rates

Mortgage rates did not immediately shoot higher after Friday’s downgrade of Fannie Mae and Freddie Mac like many people thought.  In fact, they continued to decline because investors rushed to buy Treasury notes and bonds yesterday, which  pushed down interest rates on mortgages. Check out CNN’s article What the debt downgrade means for your mortgage....CONTINUE READING

Free August Workouts at Philadelphia Sports Clubs

Yesterday I blogged about the excessive record breaking heat that Philadelphia experienced last month.  Well check out this promo by Philadelphia Sports Clubs: Heat wave special: WORK OUT FREE! Chill out at any club with a free workout whenever the temperature hits 90°. Even if sculpting the perfect body doesn’t interest you, come in for...CONTINUE READING

Listing of the Day – 770-78 S. 3rd St. F

770-78 S. 3rd St. F Queen Village Check out this fantastic bi-level 1BR 1BA condo in Queen Village.  Just listed last week! Exposed brick walls in living/dining areas, hardwood floors & a wood burning fireplace Large master bedroom w/walk-in closet, separate office/den area and a unique bathroom layout with a separate sink & toilet/shower room...CONTINUE READING

Philadelphia Open Houses – Sunday, June 26th

11am-1pm Address: 1708 Pine St. City, State, Zip: Philadelphia, PA 19103 Sale Price: 315,000 Rittenhouse Square 12-2pm Address: 770-78 S. 3rd St. F City, State, Zip: Philadelphia, PA 19147 Sale Price: $234,900 Queen Village 2-4pm Address: 812 S 12th St. City, State, Zip: Philadelphia, PA 19147 Sale Price: $249,000 Avenue of the Arts 1-3pm Address:...CONTINUE READING

Philadelphia – An Upscale Real Estate Market

Check out this Wall Street Journal article Philly Shows Love for Upscale Homes that highlights Philadelphia as an upscale Real Estate market.  It notes the $12.5 million sale at 1706 Rittenhouse that set a record for Philadelphia residential deals.  As a result of this sale, the Rittenhouse Square area has become more and more glamorous...CONTINUE READING

Philadelphia Ranked #7 In Top 10 Most Searched Markets

Philadelphia Real Estate was ranked the number 7 most searched Real Estate Market out of the top ten most searched markets according to realtor.com.  Philadelphia was the only northeast market ranked on the list. Search Rank Geographic Area Median List Prices Median Age of Inventory $ % yr.-over-yr. change # days on site % yr.-over-yr....CONTINUE READING

Listing of the Day – 812 S. 12th St.

812 S. 12th St. Bella Vista This listing just hit the market 4 days ago.  Check out the highlights: It’s a new construction, only a few years old Soaked with light; skylight on the top floor & plenty of windows Built with top notch appliances and materials Hardwood floors throughout Small back patio Check out...CONTINUE READING

Listing of the Day – 1506 Montrose St

1506 Montrose St Graduate Hospital This listing just hit the market last week! This home is in move-in condition right now, seems priced very well, and probably wont last long! Look for an open house there this Sunday! Here are some of the highlights: French doors in the living room leading to a private patio...CONTINUE READING

Listing of the Day – 1038 Christian St.

1038 Christian St. Bella Vista Today’s listing is a corner townhouse located right in Bella Vista at 11th and Christian very close to the Italian Market.  It just hit the market last week.  Some major highlights include garage parking, three levels of outdoor space, a huge walk in closet, and an open layout kitchen with...CONTINUE READING

Listing of the Day – 1326 Spruce St #2805

1326 Spruce St #2805 Center City One Avenue of the Arts Today’s listing is a condo that just hit the market yesterday.  It was completely renovated in 2006 with high end finishes throughout.  The wall between the kitchen and living room was removed to give the unit a lovely open feel.  The two balconies have...CONTINUE READING

New Listing – Art Museum Area

Fantastic First Time Home. Recently updated with new floors, cherry cabinets, granite countertops, stainless steel appliances, and new bath. Steps from Fairmount Park, Art Museum and Interstate 76. Great Location for Students. Art Museum Area More Information

Philadelphia Condo Market

Sales numbers for Philadelphia Condo’s have grown steadily despite the housing downturn that we have been dealing with since August 2007.  The Philadelphia Inquirer reported that Condo sales nearly doubled from the first quarter to the second this year and Data from the Recorder of Deeds Office showed that 604 condo sales closed citywide between...CONTINUE READING

New Listing – 1 Bed 1 Bath – Old City

Own an Old City Loft for LESS than renting! Priced to sell one bedroom bi-level condo located in the heart of the Old City entertainment district. This sleek home features hardwood floors throughout, great wall space for art work, and soaring 16’ ceilings. The contemporary living room has 3 large windows overlooking a private courtyard...CONTINUE READING

Philadelphia Real Estate Market Update for July, 2010

Current Philadelphia Real Estate Market Conditions for Condos & Townhomes in Philadelphia, trends in pricing, current levels of supply & demand and home price value metrics. The median list price in PHILADELPHIA, PA this week is $138,000. The 7449 properties have been on the market for an average of 152 days. [gview file=”http://dev.centercityrealestate.com/wp-content/uploads/2010/07/Philadelphia_Real_Estate_Market_Update_July_2010.pdf”] This is...CONTINUE READING

Philadelphia Real Estate Deals & Steals

In real estate, the 2 most important factors are LOCATION and PRICE.  The following properties have the right location, but the really wrong price. With reductions of between $150,000-$850,000 these are the 15 biggest price reduction in Rittenhouse Square and Society Hill .  For more information on this property just click PROPERTY SEARCH at the top of the...CONTINUE READING

New Listing – 1708 Pine St #3

[youtube=http://www.youtube.com/watch?v=5r8wiHu-4RA] Enter this elegant, designer painted home through a charming foyer with base & crown molding and a stunning hall chandelier. The foyer opens up to the bright living room & renovated kitchen with 7 1/2’ windows overlooking tree top & skyline views. Wall mounted 42” Pioneer Flat Screen TV included in sale, along with...CONTINUE READING

Philadelphia Mortgage Rates near a Record Low

Great news for Philadelphia Real Estate, the U.S. mortgage rates dropped for a second consecutive week, remaining below 5.0 percent, a key level that may boost home loan demand. The lowest mortgage rates in decades and high affordability helped the real estate market  come back after a three-year slump. The National Association of Realtors predicted the prices will rise...CONTINUE READING