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

April 24, 2019
solar power

Philly Opens Program to Help Homeowners Go Solar

There’s no doubt that “going solar” is the wave of the future. As trends turn away from fossil fuels and other types of energy that are bad for the environment; clean, plentiful solar energy is clearly the answer. Many homeowners are interested in harnessing the power of solar, but the cost of the equipment needed to convert (to wit: solar […]
April 9, 2019
traffic

Is Philadelphia Considering Congestion Fees?

Everybody with a car done been knew that traffic in Philly is a hot mess. Congestion reigns supreme during both morning and evening rush hours, which are so long that it almost feels like they bleed into one another. Getting in or out of Center City at almost any time is a disaster. The state of the traffic promotes road […]
March 26, 2019
hotel room

Hospitality Jobs Skyrocket as Philly Hotel Scene Expands

Tourism has been on the rise in the City of Brotherly Love for a long time. In the last five years or so, Philly has been thrust repeatedly into the national spotlight. We had the visit from the Pope, the Republican National Convention, and many other events that have put Philly even more prominently “on the map.” More special events […]
March 25, 2019
apartment

Trend: Philly Apartments Being Converted to Quick-Stay Hotels

There has been a revolution in hospitality in the last decade or so, and it has been the “homestay” experience. This is, of course, most exemplified by AirBnB and other sites that let out short-term rentals for tourists who want a homier, more low-key lodging experience in popular areas. There are already units like this in Philadelphia, but the city […]
March 6, 2019
pine street

Holy Sticker Shock – The Reasons Why You Can’t Afford Your Dream Home

So, you’re buying a house. You’ve been searching a lot, and you think you are armed with a reasonable budget. Yet, all the homes that you really love are priced well above your budget. What’s with that? This is a scenario that befalls a lot of home-buyers, especially those out on the market for the first time. It can be […]
February 28, 2019
home for sale

In Case You Were on the Fence… Why You Should Sell Your Home NOW

Most people don’t up and decide to sell their house on a whim. It’s either an expedient process motivated by a job change, or a longer process that includes a lot of thinking, preparing, and prayer. If you have been on the fence about whether to sell – you’ve been mulling it over, you’ve been considering a different neighborhood, your […]
February 13, 2019
kink

Philly-Area Listing is Too “50 Shades” for the MLS

Just in time for Valentine’s Day… If you’ve read the notorious Fifty Shades of Grey series by E.L. James – and I refuse to confirm or deny that I have – then you have likely drooled and lusted (or laughed and mocked… that’s okay too) over the dark, tall, and filthy-rich mogul Christian Grey and his kink-lite exploits with swoonish […]
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 […]
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