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

June 20, 2012

CenterCityTeam.com Gets 5 Stars From Lender411

CenterCityTeam.com Gets 5 Stars From Lender411 CenterCityTeam.com Gets 5 Stars From Lender411 Kyle Lammers of Lender411 had an awesome review of The Center City Team Blog.  The entire review can be found here. Here’s a small excerpt of the article: The Center City Team blog, created by Frank L. DeFazio, is your one stop shop for unbiased Philadelphia real estate […]
June 19, 2012

President Obama Visits The Dead Sea Scrolls

President Obama Visits The Dead Sea Scrolls President Obama Visits The Dead Sea Scrolls Just saw a really cool blog post relating to Philadelphia on President Obama’s blog: President Obama stopped by the Franklin Institute in Philadelphia yesterday to view their latest exhibit, Dead Sea Scrolls: Life and Faith in Ancient Times.  The exhibit is a comprehensive collection of ancient […]
June 18, 2012

Toll Brothers: Society Hill Update w/ Renderings

Toll Brothers: Society Hill Update w/ Renderings Toll Brothers: Society Hill Update w/ Renderings It has been widely reported here and on other real estate websites that Toll Brothers intends to construct a 69-unit, 68-foot-tall, gated condominium with 108 underground parking spaces at the empty lot currently located at 410 S. Front Street in Society Hill.  The same lot between […]
June 15, 2012

AVI POSTPONED For One Year!

AVI POSTPONED For One Year! AVI POSTPONED For One Year! Philly.com reports that yesterday the Philadelphia City Council gave preliminary approved to a budget bill that would delay the Actual Value Initiative (AVI) for one year and would provide much needed funding to the School District of Philadelphia through a property-tax hike and an increase to the use-and-occupancy tax. This […]
June 14, 2012

Philadelphia Eagles Partner With…ANGRY BIRDS???

Philadelphia Eagles Partner With…ANGRY BIRDS??? Philadelphia Eagles Partner With…ANGRY BIRDS??? Just when you thought the Philadelphia sports scene couldn’t get any stranger the Philadelphia Eagles announced a partnership between the NFL franchise and Rovio Entertainment, the creators of Angry Birds.  The Wall Street Journal and almost every Philadelphia sports outlet is reporting that an Eagles spinoff of Angry Birds is […]
June 13, 2012

Unusual Graduate Hospital Listing: 31 Home Package

Unusual Graduate Hospital Listing: 31 Home Package Unusual Graduate Hospital Listing: 31 Home Package This one definitely goes right into the unusual listings category. Friend of the CenterCityTeam Jim Onesti of Mike McCann Team notoriety recently listed a Graduate Hospital portfolio that consists of 31 single family and multifamily homes for a whopping $8 million dollars! Everyone in the Philadelphia […]
June 12, 2012

American Revolution Center Getting $40 Million From Lenfest!

American Revolution Center Getting $40 Million From Lenfest! American Revolution Center Getting $40 Million From Lenfest! Philly.com is reporting that H.F. “Gerry” Lenfest will apparently give $r0 Million towards the development of the Museum of the American Revolution in Society Hill!  Lenfest will give the money to the American Revolution Center through what is called a challenge grant.  The $40 million […]
June 11, 2012

Autumn Mural Reincarnated In Bella Vista

Autumn Mural Reincarnated In Bella Vista Autumn Mural Reincarnated In Bella Vista Most people keeping up with Center City real estate news know that earlier this year David Guinn’s famed “Autumn” mural located on the corner of 9th and Bainbridage Streets was covered when the owner of the vacant lot below decided to construct a home.  Recently PlanPhilly reported that […]
June 8, 2012

AVI Update: City Council Gives Preliminary Approval

AVI Update: City Council Gives Preliminary Approval AVI Update: City Council Gives Preliminary Approval Just got an AVI email update from GPAR: Good Afternoon Everyone, City Council has given preliminary approval last night to legislation that would allow the city to collect $85 million more for schools by moving to a new property tax system and by raising the use […]