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Tag / Phildalphia Real Estate

BEST TIME EVER TO BUY IN PHILLY!

9 top reasons to buy in Philly NOW!   Because as of April 3rd …   1. Rates were just reduced to 4.875% for 30 year fixed  2. The Feds are offering an $8000 tax credit to1st time buyers making less than $75K or couples making less than $150K combined until December, 2009  3. There...CONTINUE READING
Category:Buyer Resources

Mortgage Update: Rates are inchin upwards

Here is an update on where rates currently stand today, we have seen it steadily increase for the last week.  30 Yr Fixed – 5.375% (0 points) 15 Yr Fixed – 4.875% (0 points) FHA – 5.5% (0 points) Investment – 5.125% (1 point) – 25% down payment required *Rates are based on 80% loan...CONTINUE READING
Category:Market Data, News

2008 Center City Philadelphia Real Estate Market Update

Center City Philadelhia Real Estate Monthly Statistics for 19106, 19103, 19102, 19107, 19146, 19147, 19123 Pricing Details of Sold Units  Date Units Listed Listed Vol Listed Average Pended Units Sold Sold Volume Sold Average Avg DOM Dec 2008 261 98,987,319 379,261 75 131 42,554,725 324,845 88 Nov 2008 366 148,441,958 405,579 108 123 40,848,310 332,100...CONTINUE READING

Center City Philadelphia Home and Condo Prices

Alan J. Heavens, Real Estate Columnist for the Philadelphia Inquirer, wrote an excellent piece recently that was featured in May 24th’s paper.  The article described the difficulty facing the real estate professional or the potential home buyer or seller when trying to interpret the endless stream of home sales and price data being publicized.  Two...CONTINUE READING