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

September 3, 2013

117 Beech Avenue, Springfield PA 19064 Just Sold for $341,000

117 Beech Avenue, Springfield PA 19064 Just Sold for $341,000 The CenterCityTeam just represented the excited buyers of this modern, upgraded home in Springfield, PA complete with 4 bedrooms, 2 1/2 baths and great outdoor space! Why are you renting if you can have this 4-bedroom, 2 1/2 bathroom home in such a great location? Absolutely stunning modern home located on a cul […]

August 30, 2013

Dry Cleaners On Fabric Row Catches Fire In Queen Village

Dry Cleaners On Fabric Row Catches Fire In Queen Village UPDATE (945am): Witnesses say the fire restarted at 1am firefighers continued fighting the fire until 5am. Yesterday afternoon a fire broke out at the dry cleaners on the corner of 4th and Catharine in Queen Village immediately bringing back memories of the Fabric Row fire from April that claimed the […]

August 29, 2013

Philadelphia Bike Share Coming To Philadelphia In 2014!

Philadelphia Bike Share Coming To Philadelphia In 2014! Oh boy…the likelihood of running over a biker on your commute home just grew exponentially! By late summer or early fall of 2014 Philadelphia Bike Share will be in Center City Philadelphia. The basic premise will be the same as other large cities like New York, D.C., London, Paris and others both […]

August 28, 2013

Medium Rare Steakhouse Coming To Rittenhouse Square

Medium Rare Steakhouse Coming To Rittenhouse Square Wow that steak frites looks amazing! Luckily Medium Rare, a Washington D.C. transplant, is coming to Center City Philadelphia courtesy of founder Mark Bucher! Medium Rare will be located on the ground floor of The Sansom, a luxury apartment building by Pearl Properties, which is currently under construction on Sansom between 16th and […]

August 27, 2013

Dranoff Proposes One Riverside Park For Fitler Square

Dranoff Proposes One Riverside Park For Fitler Square The Philadelphia real estate community has been abuzz lately over real estate developer Carl Dranoff and his proposed apartment complex in Fitler Square named One Riverside Park. The proposed project, by Cecil Baker + Partners, will feature 167 apartments, 21 stories, 86 parking spaces, and retail space that is rumored to be the future home […]

August 27, 2013

Local Vineyards Hosting 5k Run Followed By Wine Tasting

Local Vineyards Hosting 5k Run Followed By Wine Tasting My wife Maria brought this to my attention yesterday and it could be the best Philly area event for fall 2013. On different dates in September, October and November five Philadelphia area vineyards will host Good Day For A Run, LLC’s fall 2013 Run The Vineyard 5k series. Participants will run […]

August 26, 2013

PIZZERIA VETRI by Marc Vetri Coming Soon To Art Museum Area

PIZZERIA VETRI by Marc Vetri Coming Soon To Art Museum Area The trendy red sign is up, the ovens are on and and finally on Friday, September 6th Pizzeria Vetri will open it’s doors to the general public for the first time. Pizzeria Vetri will be Marc Vetri’s fifth restaurant in the Philadelphia area (Vetri, Amis, Osteria, and Alla Spina). Keep […]

August 26, 2013

Ori Feibush Coffee Shop Vandalized In Point Breeze

Ori Feibush Blames Point Breeze Organizing Committee For Vandalism Philadelphia real estate agent Ori Feibush woke up Saturday morning to find out that the windows of his OCF Coffee Shop in Point Breeze had been vandalized and the vandal was caught on tape. Feibush believes that the Point Breeze Organizing Committee, a neighborhood group, is responsible. “I’m 100 percent certain it […]

August 23, 2013

Buy Now, Mortgage Rates On The Rise

Buy Now, Mortgage Rates On The Rise Bloomberg is reporting that mortgage rates nationally reached a two-year high this week, thereby increasing borrowing costs for home buyers just as home prices have increased and home sales have accelerated. The average rate for a 30 year fixed rate mortgage is now 4.58% and the 15 year is up to 3.6% on […]