That is a difficult question... with the uncertainty in the housing market, I think it will be tricky for anyone to answere that question. Now there is also the risk that mortgage rates will be trending up above 7 in the next 3 to 9 months.
That being said, if Philadelphia does well, this area will do exceptionally well. It already has. This has been the focus of a lot of investors due to its past appreciation and expected appreciation and growth. The great news about Philadelphia real estate is that our market has been very resilient and is really positioned to do well with strong jobs, high demand of housing due to the Univeristies, healthcare industries and so forth.
If you are interested in making an investment in the area, I would recommend visiting our site below. You can contact us from there directly. Visit our blogs as well.... more