Market Conditions in 19131 : Questions & Answers

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Larry Lichtm…, Real Estate Pro in Philadelphia, PA
Larry Lichtman answered:
Where can I find rental comps for a commercial property in Philadelphia?
Checkout Rentometer.com., LoopNet.com, MLS. You may want to build a relationship with a real estate professional who can run comps for you.

Please feel free to call me to discuss wh ... more
0 votes Share Flag Sat Jun 15, 2013 Market Conditions in Philadelphia
Lorri Paster, Real Estate Pro in Blue Bell, PA
Lorri Paster answered:
what are the real estate comps at Pier 3 in Phila PA?
Hi There!

In the past year, four units have sold...the 1 bedroom, 1.5 bath unit sold for $235,000 back in Aug of 2009, three 2 bedroom 2 bath units sold, one for $270,000 in Oct of 2 ... more
0 votes Share Flag Mon Aug 9, 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
Timothy M. G…, Real Estate Pro in Philadelphia, PA
Timothy M. Garrity 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.

I took a look at similar properties (3 Bed, 1 Bath) within 0.5 miles of your block. There have been 3 sales in the past 6 months and they range anywhere from $29,000 - $48,0 ... more
0 votes Share Flag Wed Jul 14, 2010 Market Conditions in Philadelphia
James Yoakum,…, Real Estate Pro in Philadelphia, PA
James Yoakum, SFR answered:
What is the real estate market in Old City like compared to two years ago, before the recession hit?
Center City in general has held up fairly well in terms of values. What has changed is that there are fewer active buyers out there now, so if you're looking to buy you'll hav ... more
0 votes Share Flag Sun Jan 30, 2011 Market Conditions in Old City
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
East Parkside is a blighted now. But I heard that in about 10 years this area might see experience revitalization. What's your opinion
Keep in mind that opinions are often suggestive--unfortuantely, areas change all the time and who knows what will happen tomorrow, let alone in ten years --none of us can answer with ce ... more
0 votes Share Flag Wed Feb 26, 2014 Market Conditions in East Parkside
Brian Fletch…, Real Estate Pro in Springfield, PA
Brian Fletcher 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
Y-O-Y means Year over year. It is an investment comparison.
W-O-W means Week over week. It is also an investment comparison.

If you need anything else, let me know. I like to work ... more
0 votes Share Flag Wed Jul 14, 2010 Market Conditions in Philadelphia
James Yoakum,…, Real Estate Pro in Philadelphia, PA
James Yoakum, SFR answered:
How valuable is commercially zone real estate in point breeze?
There's no easy answer to that question. In most parts of point breeze the highest and best use for a property is residential unless you're talking about a large parcel that c ... more
0 votes Share Flag Sat Apr 24, 2010 Market Conditions in Point Breeze
Porsche, Other/Just Looking in 19130
Porsche asked:
Where can I find statistics on typical Philadelphia condo buyers and renters, including their incomes, ages, professions, etc.? What is the status of this market right now and how does is it affecting this demographic?
0 votes Share Flag Tue Mar 23, 2010 Market Conditions in 19130
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
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
Rent vs. Buy Advice
Below is a blog showing how to decide that. Plug in your numbers and find out.
http://www.trulia.com/blog/dan_chase/2010/01/does_it_make_more_sense_to_buy_or_to_rent_look_at_the_number ... more
0 votes Share Flag Fri Feb 19, 2010 Market Conditions in Philadelphia
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick (908) 337-0943 answered:
Have rental prices for houses and apartments decreased in Philadelphia over the past year?
Hi there, I'm here in New Jersey, Somerset County specifically. I have found that the rental market has indeed softened as buyers lured by the first time tax credit have come off ... more
0 votes Share Flag Tue Jan 12, 2010 Market Conditions in Philadelphia
Renee Porsia, Real Estate Pro in Philadelphia, PA
Renee Porsia 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
Jkandem,

Probably because they are under contract to continue to build. That would be my guess but just because a builder sets a price for their new construction doesn't mean th ... more
0 votes Share Flag Mon Mar 15, 2010 Market Conditions in Manayunk
Carmel Archd…, Real Estate Pro in Philadelphia, PA
Carmel Archdekin answered:
rental/investor market in Phila.?
Malik,
Philadelphia is very large and like New York, you can find great opportunities for rentals in some areas and then you will find areas where you will never cash flow. The best ... more
0 votes Share Flag Fri Oct 9, 2009 Market Conditions in Philadelphia
Sean Dawes, Other/Just Looking in Philadelphia, PA
Sean Dawes answered:
I am considering buying an investment property in Center City Philadelphia. What is the market condition for rents in that area?
Center city is a very broad term. What subdivision are you looking at? Also what kind of investment property are you looking at?

The more details the better.


Sean Dawes
0 votes Share Flag Sun Sep 20, 2009 Market Conditions in Philadelphia
Person, Other/Just Looking in Philadelphia, PA
Person answered:
Does anyone know any inside info on River Park House Condos in Philadelphia? They're lots of units for sale.
Hi. I live at River Park house. It has many pros, and some cons.
Pros include: Pool, Gym hardly anyone uses, gated parking, utilities included in rent (awesome) and an amazing view of ... more
0 votes Share Flag Fri May 15, 2015 Market Conditions in Philadelphia
Mike Artie R…, Real Estate Pro in Philadelphia, PA
Mike Artie Rosania answered:
what are people's thoughts on the houses and neighborhood on east hortter?
Everyones opinion of a neighborhood is going to vary. You as the buyer need to be comfortablel iving in a neighborhood tht best suits your needs (is it close to schools, transportation ... more
0 votes Share Flag Tue Apr 5, 2011 Market Conditions in East Mount Airy
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Can anyone tell me please how low can I bid a home from its listing price?
This is a service that a local real estate professional can provide for you.Contact one for their assistance,
0 votes Share Flag Sat Aug 15, 2009 Market Conditions in Philadelphia
Brian Fletch…, Real Estate Pro in Springfield, PA
Brian Fletcher answered:
What are the comps for South Duke St, York PA 17401?
Hello Financially Free,

You might have better results asking in the Harrisburg Real Estate section for property in the York area. The MLS for the Philadelphia area doesn't ... more
0 votes Share Flag Tue Aug 4, 2009 Market Conditions in Philadelphia
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