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 6, 2012

Update On Coxe Park In Logan Square

Update On Coxe Park In Logan Square I mentioned last week that members of the Logan Square Neighborhood Association, as individuals, have prepared and submitted a proposed nomination of Coxe Park to the Philadelphia Register of Historic Places.  After looking into the issue further it seems that there is some dispute as to whether or not this status is in […]
March 6, 2012

Philadelphia Mortgage Update: March 5, 2012

Philadelphia Mortgage Update: March 5, 2012 Here’s the weekly mortgage update and rate sheet Jason Griesser: Rates were pushed higher earlier in the week with some testimony from the Federal Reserve Chairman, Ben Bernanke. He made no mention of further easing by the Fed which somewhat surprised the markets – and as we know any time the markets are surprised […]
March 4, 2012

Hunter Pence Buys Penthouse At Murano

Hunter Pence Buys Penthouse At Murano Yesterday I was able to confirm that Hunter Pence, the Philadelphia Phillies right fielder, purchased a penthouse condo at the Murano located at 21st Street and Market Street in Logan Square.  The penthouse has Southern and Western exposures and postcard like views of Philadelphia.  I find it interesting that Pence chose the Murano over […]
March 2, 2012

Seger Park Playground Renovation To Begin

Seger Park Playground Renovation To Begin Friends of Seger Park Playground recently announced that Phase A of their renovation of Seger Park will begin shortly. Here’s some background on Seger Park from the Friends of Seger Park Facebook Page: About: We’re dedicated to the renovation and beautification of the playground at Seger Park, located on Lombard Street in beautiful Washington […]
March 2, 2012

Temple University Mixed Use Project At 18th and Cecil B. Moore

Temple University Mixed Use Project At 18th and Cecil B. Moore Friend of the Center City Team and local developer/real estate agent Todd Joseph is currently working on completing a large scale mixed use project on the corner of 18th Street and Cecil B. Moore Street near Temple University.  Todd is building a total of 8 new construction buildings with […]
March 1, 2012

Warren Buffet Says Buy Philadelphia Real Estate!

Warren Buffet Says Buy Philadelphia Real Estate! Warrent Buffet recently told CNBC that he’d buy “a couple hundred thousand single family homes” if he were in a position to.  Buffet feels that single family homes are an attractive investment in today’s market because if they were purchased at today’s low interest rates and subsequently held for a long period of […]
February 29, 2012

Logan Square Park Nominated For Register of Historic Places

Logan Square Park Nominated For Register of Historic Places Got an interesting email from the Logan Square Neighborhood Association regarding the ongoing efforts to improve and modernize Coxe Park. Members of the Logan Square Neighborhood Association, as individuals, have prepared and submitted a proposed nomination of Coxe Park to the Philadelphia Register of Historic Places. The Philadelphia Historical Commission has […]
February 28, 2012

reNEWBOLD Launch Party TONIGHT!

reNEWBOLD Launch Party TONIGHT! The grand launch part of South Philadelphia’s first Green, Modern, Town Home Development is tonight at reNewBold.  The project is  to you by a partnership of LPMG Properties and Postgreen Homes.  Free goodies at The South Philly Tap Room.  Be there! Here’s the scoop from the Postgreen Blog and Facebook page: Postgreen Homes is finally making […]
February 28, 2012

Philadelphia Mortgage Update: FHA Premiums Increasing

Philadelphia Mortgage Update: FHA Premiums Increasing Some interesting Philadelphia Mortgage news for FHA buyers considering purchase in the next 60 – 90 Days.  Got an email from a local lender letting us know that the cost of purchasing an FHA loan will increase effect April 1, 2012. FHA just announced that it is nearly DOUBLING the upfront mortgage insurance premium […]
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