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February 12, 2012
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Philadelphia, Pennsylvania

Reported by Marie Meglio, REALTOR, ABR, e-PRO

Updated November 15, 2011.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

A slowing in the market is expected where Buyers and Sellers are seeing real bargains and a good opportunity with interest rates at an all time low. Buyers seeking sleek city condos or hip new fringe neighborhood townhomes or "rows"' This is the high point for moving within the city. Moving up and investing long and short term in a hip and ever popular city. Buyers have a huge inventory to select from.The more desireable areas are a draw to buyers who are truly motivated to take advantage of homes priced to sell. Price is Key. Price it right and they will buy. More inventory than buyers will determine the sale of the home based competitively and accurately positioned to lead the crowd.


Location Characteristics: Philadelphia is a diverse and exciting city. Situated on the Delaware River, the scenery changes from neighborhood to neighborhood. Varying from local row homes built well over 100 years ago lining streets that hold it's original glory to lovely stately homes sitting on hills in the fringes of the city that overlook the Skukyll River. Singles, twins, rowhomes, duplexes. And every neighborhood offers it's own personality. Italian Markets, Irish Pubs, Swank Center City with it's high rise buildings and loft apartments, Rittenhouse Square historical homes. Northeast with it's newer wider streets and access to major roads. All in one town, just situated less than 2 hours from New York, Washington D.C. and only a short drive from the Jersey shores.


For More Information:

View Market Conditions of other areas served by Marie Meglio

Navigate: Top > Pennsylvania > Philadelphia

About Marie Meglio:
With over 20 years of sales experience originally in the resort and vacation sector and utlimately in the residential and investment market. Licensed in both NJ and PA and a member of the National Associaton of Realtors as well as 2 Local Realtor Boards. As an Accredited Buyer's Representative, I work diligently, honestly and ethically in every transaction. Success in the ever-changing Real Estate Sector requires commitment and ongoing updating of trends. Also the needs of today's tech savvy buyers and sellers must be matched by a solid understanding of the technical aspects that play into the home search and pricing. I make a point of staying on top of the changes so I can provide the best and most effective service to my clients.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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