The old axiom "all real estate is local" couldn't be more true than here. Center City spans 7 zip codes, has over 120,000 residents and grows by 2,000 residents a year (see link below).
Some sections are definitely doing better than others. Also, new construction costs decreased which means great bargains on homes built just a few years ago.
It's unprofessional to publicly post, but I'll be glad to talk to you about some deals I've negotiated. You have many excellent Realtors available. My "move smarter" philosophy is to get you the information to make smart, powerful decisions. Call me at 215 266 7227 and see if we're a good fit.
Joe White â€¢ Coldwell Banker Preferred â€¢ Avenue of the Arts
I have had two buyers in the last couple of weeks in the post-tax credit environment lose properties on price.
They were both cash buyers and buying property that was priced in the 5's.
The antithesis of that is that there are still overpriced, bad properties available.
This market has a stable job base and high desirability depending on the street, schools, location relative to necessity, etc.
I have some more detailed analysis, if you live.
Please email me (firstname.lastname@example.org) or call me at 215-852-4469
U S Spaces, Inc