Market Conditions in Philadelphia : Advice

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Voices Member,  in
Voices Member answered:
ARe the units at the Murano being sold with a parking space? if it's separate, what's the asking price?
Just checked, the parking is included in the price :) Hope this helps and good luck.
0 votes Share Flag Sun Oct 3, 2010 Market Conditions in Center City West
Kahlia Rhodes, Real Estate Pro in Philadelphia, PA
Kahlia Rhodes answered:
What's the market like in Francisville/Girard College?
This is a good market it's transitional and growing area but what you are trying to do I remmber you asked this question once before how about you call my direct line and we discus ... more
0 votes Share Flag Mon Sep 27, 2010 Market Conditions in Philadelphia
Michael Kind, Real Estate Pro in 19122
Michael Kind answered:
I am looking at properties for investment and wondering if 40th and Springarden is an area that is improving or declining?
40th and Spring Garden is on the outskirts of the Drexel campus so it can be expected that in the coming years as Drexel expands home pricing in the area will increase. Increased admis ... more
0 votes Share Flag Thu Aug 19, 2010 Market Conditions in Philadelphia
Michael Kind, Real Estate Pro in 19122
Michael Kind answered:
How many closed transactions were there in Phila. county in the past 6 months from today? Is this info public anywhere, or only on MLS? THANK YOU
This information should be available in public records however it may take some digging. Each municipality is different. Here in Philadelphia our MLS is tied into our public records.
0 votes Share Flag Thu Aug 19, 2010 Market Conditions in Philadelphia
Alexander Sh…, Real Estate Pro in Philadelphia, PA
Alexander Shulzhenko answered:
What is the current days for twin homes in 19152 Holme Circle area? The home is 1,200 square foot. It has a new kitchen and the basement is finished
Hello Movingout,

I am not sure i follow your question. Do you want to know how long they are on the market before they are sold? or Do you want to know about a particular home and ho ... more
0 votes Share Flag Thu Aug 19, 2010 Market Conditions in Philadelphia
Larry Lichtm…, Real Estate Pro in Philadelphia, PA
Larry Lichtman answered:
what are the real estate comps at Pier 3 in Phila PA?
There has been quite a few short sales and REO sales as well throughout that entire condo complex. That's why values are all over the place. Depending on the unit's location ... more
1 vote Share Flag Mon Aug 9, 2010 Market Conditions in Philadelphia
Larry Lichtm…, Real Estate Pro in Philadelphia, PA
Larry Lichtman answered:
What do the abbreviations "w-o-w" and "y-o-y" mean? These 2 acronyms are stated in regards to statistics regarding sales and
Hi Gary,

Brian hit it on the head. Week over week and Year over year. Comparison ratios for statistical data. Helpful ratios for researching trends and trying to take advantage of ... more
1 vote Share Flag Wed Jul 14, 2010 Market Conditions in Philadelphia
Larry Lichtm…, Real Estate Pro in Philadelphia, PA
Larry Lichtman answered:
I have a home on the 1900 block of N. Myrtlewood St. What are the comps selling for? My home is a 3 bedroom 1 bath
Hi Sid,

Most 2 story 3BR/1BA in your area have recently sold for approx. $30-50K, depending on condition, renovations completed, upgrades, etc...

If you would like to sell the hou ... more
1 vote Share Flag Wed Jul 14, 2010 Market Conditions in Philadelphia
Amanda Saund…, Real Estate Pro in Philadelphia County,...
Amanda Saunders answered:
Closing Costs in W. Mt. Airy.
Hi KH. I am from Richmond originally. The best way to get an exact number would be to look at a listing you like and get numbers from that.

You can expect in W MT Airy, depending o ... more
0 votes Share Flag Tue May 18, 2010 Market Conditions in West Mount Airy
Dave Lombardo, Real Estate Pro in 19147
Dave Lombardo answered:
How valuable is commercially zone real estate in point breeze?
Alven,
I agree with James. At least in the short term. The area is has a lot of up side potential. Other neighborhoods in S Philly like Grad hospital, Bella Vista and the Passyunk Ave ... more
0 votes Share Flag Sat Apr 24, 2010 Market Conditions in Point Breeze
Timothy M. G…, Real Estate Pro in 19128
Timothy M. Garrity answered:
what do houses rent for in Manayunk?
Hi, David.

I know you posted this question a while ago, but are you still interested in the Manayunk area? I live in Roxborough, which is right next door to MYK.

Let me know if I ... more
0 votes Share Flag Mon Mar 15, 2010 Market Conditions in Manayunk
Timothy M. G…, Real Estate Pro in 19128
Timothy M. Garrity answered:
Just about a year ago there were new construction units selling for more than $500,000 in the Manayunk area of Philadelphia. Although I have seen
Renee's answer is 100% correct.

I worked for a new construction builder for 5.5 years and know for a fact that new construction prices are always inflated dramatically. Dependin ... more
0 votes Share Flag Mon Mar 15, 2010 Market Conditions in Manayunk
Edmund Choi, Real Estate Pro in 19426
Edmund Choi answered:
Rent vs. Buy Advice
The benefits to renting instead of buying a home have been discussed and calculated before, but I'd suggest the following method to determine whether renting a particular house, in ... more
0 votes Share Flag Fri Feb 19, 2010 Market Conditions in Philadelphia
Michael P Co…, Real Estate Pro in 19151
Michael P Cohen 610-642-0347 answered:
Have rental prices for houses and apartments decreased in Philadelphia over the past year?
Rental Prices have dropped, as many of the new rehabs and new contruction homes did not sell and the properties we rented below market, giving renters a deluxe home for a low price. Pri ... more
0 votes Share Flag Tue Jan 12, 2010 Market Conditions in Philadelphia
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
rental/investor market in Phila.?
Dear Malik

It depends on your objectives and level of involvement. I have represented buyers of investment property inerested in cash flow, others interested in purchasing a future h ... more
0 votes Share Flag Fri Oct 9, 2009 Market Conditions in Philadelphia
Brooklyn and…, Both Buyer and Seller in 11237
Brooklyn and PA answered:
Does anyone know what the sales at the Murano in Philadelphia have been like?
I've met with a sales agent from the building, and they tell me they are 70% owner occupied...which I'm reluctant to believe. At any rate, you can check out sales data on the ... more
0 votes Share Flag Mon Sep 28, 2009 Market Conditions in Center City West
Wanttoknow, Home Buyer in Philadelphia, PA
Wanttoknow answered:
I am considering buying an investment property in Center City Philadelphia. What is the market condition for rents in that area?
My budget is $220,000 and I am looking for a long term investment, and therefor I am considring Center City. I am hoping that Phili will get it together just like NYC.
0 votes Share Flag Sun Sep 20, 2009 Market Conditions in Philadelphia
babygirl17402, Renter in Philadelphia, PA
babygirl17402 answered:
Does anyone know any inside info on River Park House Condos in Philadelphia? They're lots of units for sale.
We moved in about 6 months ago, as renters. $250 fee to move in PLUS a $250 deposit you get back same day, unless you cause damage to the building during the process - must be a weekday ... more
0 votes Share Flag Thu Sep 17, 2009 Market Conditions in Philadelphia
Dave Lombardo, Real Estate Pro in 19147
Dave Lombardo answered:
Can anyone tell me please how low can I bid a home from its listing price?
You can offer what ever you feel the right price is. As long as you take the time to review all the information about previously sold, similar homes .You and your agent should take ti ... more
0 votes Share Flag Sat Aug 15, 2009 Market Conditions in Philadelphia
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