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

February 27, 2012

Philadelphia Landlord Requirements

Philadelphia Landlord Requirements A great client and friend of mine recently asked about the requirements for Philadelphia landlords.  Greg Damis of Prudential Fox & Roach has a great post on his website detailing what is required.  The entire document is reproduced below.  Thanks Greg! Philadelphia Landlord Requirements The Philadelphia Landlord face a challenging set of rules and regulations. Below are […]
February 24, 2012

Catharine Court Grand Opening In Graduate Hospital

Catharine Court Grand Opening In Graduate Hospital The grand opening of Catharine Court In Graduate Hospital is this weekend.  There will be an open house on Sunday from 1pm – 4pm and rumor has it that the open house will be hosted by none other than Mike McCann “The Real Estate Man” himself.  I can also verify the some of […]
February 23, 2012

Philadelphia 4th Most Popular Housing Market According To Realtor.com

Philadelphia 4th Most Popular Housing Market According To Realtor.com Recently Realtor.com published it’s list of the 10 Most Popular Housing Markets based on the number of monthly searches on their website. “Chicago continues to hold on to the top-spot in January as the most widely searched housing market at Realtor.com. The following are the top searched housing markets from last […]
February 23, 2012

3.8% Real Estate Transfer Tax

3.8% Real Estate Transfer Tax The questions keep pouring in about the new 3.8% real estate tax that takes effect in 2013 and all of the inflammatory and exaggerated  statements regarding it.  I got a great email from Prudential Fox & Roach’s legal counsel Scott Waldman regarding this very issue and wanted to pass it along. You may be aware […]
February 22, 2012

Fairmount Court 2.0 In Art Museum Area

Fairmount Court 2.0 In Art Museum Area I mentioned a 10 house project in the Art Museum Area named Fairmount Court 2.0 earlier this summer.  At that time 4 of the homes had already been substantially built and pre-sold and now the remaining homes have hit the MLS.  As a reminder, the developer built 10 homes at the intersection of […]
February 22, 2012

More Luxury Homes Coming To Logan Square?

More Luxury Homes Coming To Logan Square? Fresh off the heels of Kings Court and Mode 7 it appears that Logan Square may soon be the recipient of 27 luxurious, new construction homes. Those of us in the Philadelphia real estate business before blogging was popular remember a project slated for the corner of 23rd and Cherry Street in Logan […]
February 21, 2012

1616 Walnut In Rittenhouse Square To Become Condos?

1616 Walnut In Rittenhouse Square To Become Condos? Philly.com wrote an article about 1616 Walnut being purchased by a Maryland corporation who is considering converting the offices into condos.  1616 Walnut Street, a 25 story building built in 1929 that is 90% leased,  is on the National Register of Historic Places.   The buyer, Federal Capital Partners of Chevy Chase, Maryland, […]
February 21, 2012

The Roots Mural Coming To South Street

The Roots Mural Coming To South Street South Street – The City of Philadelphia Mural Arts Program recently announced a mural planned for the corner of 6th Street and South Street that will honor The Roots – a Grammy award winning band formed in Philadelphia.  The Roots got their start by playing live music on South Street and the the […]
February 21, 2012

Point Breeze

Point Breeze Point Breeze is a neighborhood in the South Philadelphia section of Philadelphia, Pennsylvania, United States. It is generally bound by 25th Street to the west, Washington Avenue to the north, Broad Street to the east, and Mifflin Street to the south, although the sections between 18th Street and Broad Street are coming into their own neighborhood as Newbold. […]
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