Category: Uncategorized
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Selling Your House in Philadelphia? Your Asking Price Matters More Now Than Ever
There’s no doubt about the fact that the Philadelphia housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because…
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What Sellers Need To Know in Today’s Housing Market
If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to sell your house and make a…
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The Philadelphia Home Demand Report for August 2022
Demand for all types of homes in Philadelphia fell in July. The largest decrease in the Index was in the higher-priced condo segment, down 17 percent over the month. Compared with one year earlier, demand was lower for all types of homes except higher-priced single-family homes, which was 16 percent higher. Buyer interest was strongest…
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Philadelphia Wants More Landlords to Work with the City’s Section 8 Programs
According to Philadelphia’s HAPCO, the city is offering increased benefits for landlords who can help displaced tenants from the University City Townhomes this fall. The relocation firm, Triad Associates, says the work to replace the 58 families has been moving slowly, and owners with rental vacancies are still very much needed. Triad says the residents have…
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New property tax relief options for Philly homeowners
Philly’s Office of Property Assessments caused a lot of stress when they released the new property taxes after a three year hiatus. Many homeowners saw spikes of over 30% in property values. Some worry they may be pushed out of their developing neighborhoods. So, after what must have been an expected uproar and pushback from…
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Expert housing market forecasts for the second half of the year
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the…
Realty Nena 