Real Estate News

This section was specifically created by the Center City Team to provide the most up to date real estate news and data pertaining to the Philadelphia community. Find all of the real estate related news impacting Philadelphia and the surrounding suburbs.

We hope you enjoy the information we offer! If we can help you in any way, please speak with one of our talented real estate agents, or directly contact the Center City Team office: 215.440.2093

November 27, 2018
smart home

Turning Your Philadelphia Smart Home into a Genius

All signs point towards smart homes being the wave of the future, especially in Philadelphia. Pennsylvania was an early adopter of smart home technology, outpacing most of the American Midwest and even other progressive states like Oregon, Massachusetts, and Maryland. The home automation business is booming, having produced $36 million in sales in 2016. Interest is growing exponentially, and has […]
November 19, 2018
luxury home

Living La Dolce Vita: Luxury Real Estate Trends

They say that some people are like magpies, obsessed with the shiniest and newest of everything. If you are well-off, attaining the latest trends gets a lot easier. Like clothing, cars, and iPhones, there are definite trends in real estate. For the hoi polloi, we may gratefully accept such luxuries as quartz countertops, floating shelves, and subway-tile backsplashes as totems […]
September 25, 2018
terrace

GET HYPE: The Laurel Breaks Ground!

You read it here first when the luxury condo tower The Laurel released promotional pictures of the tony high-rise. The building, which will rise on the last vacant parcel directly on Rittenhouse Square – and, many have opined, the most desirable. The Ritt is already known for being the most well-heeled neighborhood in Philly, but The Laurel will bring with […]
September 19, 2018
house

Relocating to Philly: Tips for Buying a Home Sight Unseen

When most people think about home-buying, they picture long weekend shuttling from property to property, peeking in closets and cabinets to get an idea of spaciousness, seeing how the light comes through the kitchen window overlooking the backyard, and generally getting a “feel” for their next prospective home. Drop all those impressions, because this post is about something altogether different. […]
September 5, 2018
philadelphia

What are “Average Priced” Homes Like in Downtown Philadelphia?

According to real estate aggregate site Zillow.com, the average listed price for a home in the city of Philadelphia is $220,000. That’s slightly higher than the national median home price of $200,000. But that’s just a number on paper – or, well, on a screen. What is an “average” home in Center City, as opposed to Philly as a whole, […]
August 7, 2018
terrace

🔥 Hype Alert: The Laurel is Coming to Ritt Square 🔥

Fall will bring the groundbreaking of the hotly-anticipated condo/apartment hybrid building The Laurel. Situated at 1911 Walnut Street – the last vacant lot on Rittenhouse Square – the building will bring unprecedented luxury to an already well-heeled part of Philadelphia. The Laurel will stand 48 stories high, with retail on the first few floors, 20 floors of apartments, and condos […]
July 30, 2018
home sellers

Creative Real Estate Marketing Ideas for Home Sellers

Selling a home entails so much more than simply listing a home on the MLS with a hope and prayer that buyers will find it. The art of real estate marketing for the Philadelphia market is something great realtors develop a sense for over time. Realtors who succeed do so because they have mastered out-of-the-box, creative ways to market homes […]
June 18, 2018
the willows mansion

Historic Villanova Mansion Will Receive New Life

A stately, 108-year-old mansion in Radnor Township will be preserved as a mansion and open to the public. The Willows, a 10,000-square-foot house in Villanova that was built in 1910 and is owned by the township and has fallen into disrepair will be preserved, fixed up, and maintained as a public space after Radnor and a brand new private preservation […]
April 2, 2018

Are Tiny “Pod Hotels” the Hot New Thing in Philly?

Hotel rooms in Philadelphia are popping up everywhere as nonstop demand makes the need for lodging grow more and more every day. Despite that, there’s always visitors clamoring for more. Affordability is another big issue in hospitality when it comes to the City of Brotherly Love. As it stands, it would be tough for a visitor of only average means […]
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