Market Conditions in 19146>Question Details

Calib1, Home Buyer in Ambler, PA

Is South philly the next hot area?

Asked by Calib1, Ambler, PA Tue Mar 18, 2008

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3
South Philly prices have stabilized and certain areas have certainly exhibited appreciation, despite the growing inventory. However, it's all about neighborhoods in south Philly as prices tend to fluctuate dramatically between neighboring communities.
1 vote Thank Flag Link Tue Mar 18, 2008
As a Philly resident for over 30 years, I would say that it is NOT *right now* and therefore I would stay away. You are better off in Ambler for a plethora of reasons.
0 votes Thank Flag Link Tue Aug 19, 2008
Yes.

But it's a BIG geographic zone. Some parts are "hotter" than others. When you look at the house tracking values such as on maps here and on Zillow. it's like searching for brush fires, "hot spots". The key is knowing where the big guys are building and buying.

I have a real simple philosophy - Follow The Money!

If you want to discuss this, hit me up - MoveSmarter@CBPref.com
0 votes Thank Flag Link Wed Aug 13, 2008
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