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
March 25, 2019
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
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
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
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
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
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
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
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
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, […]