When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
A real estate saleperson (agent/broker) cannot advise a consumer on the safety and security of a home, street, neighborhood, or city.
First, the concept of security and safety is subjective. Second, we deal in, and can provide you with requested information such as crime statistics, that may help you to derive a conclusion for yourself.
If you are working with an agent, ask for specific information or sources for information that will help you to answer the question based on whatever facts you need to do so.... more
We help many of our clients rent their properties in Fishtown, Northern Liberties, Old Kensington, Old City and Port Richmond. We are not a rental company nor do we specialize in rentals. We specialize in Listing Homes for sale.
That being said it is easy to see how we have had success helping some of our higher-end rentals get rented. As listing agents we have the marketing infrastructure in place which gets your home in front of the right people. We pull credit for a nominal fee and sometimes free and draw up leases that are protective to both landlord and tenant.
We do not manage the rental. That would be up to you. Our fee is 1 month rent of which we split with a cooperating agent if they bring the tenant.
If you would like our assistance, feel free to contact us.... more
That is a good question. My wife and I live in Northern Liberties and specialize in all of the Riverfront areas. I personally believe that all of Northern Liberties (19123), Old Kensington (19122) and Fishtown (19125) will continue to do well and thrive. There is so much going on in these areas in terms of new development, arts and culture, dining and that will just continue. The quality of life is constantly improving.
From an investment standpoint, I would tend to believe that 19122 and 19125 will out perform Northern Liberties due to the fact that there is more growth potential and also that No Libs shot up in price too fast and furious. Thus, the other areas are attracting more interest. Further, many buyers are now priced out of No Libs so they want to be close to the area and are purchasing in these other areas fueling demand. Of course, the areas on the fringes or borders per se also will be a bit more speculative as well and thus a little more risky if by chance our market runs into a brick wall. With falling prices, people that would purchase would then come back to No Libs instead or Old City. I just do not think that there is much risk for our market hitting a wall, would tend to believe that it will be stable for another year or so and then start to pick back up again.
I know there is much debate over the borders and what is what so I think it comes down to personal preference and what you really like, what you can afford and what you are comfortable with. If you posted this same question on the Northern Liberties message board, I know you would get many many responses as well... as there is always debate about the borders and the surrounding areas.
I have heard that those units are quite nice as well. I wish you luck in your decision. For area residents, you will probably get 10 different opinions for the same question - is an interesting one : )