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

October 24, 2011

Frank L. DeFazio and John Cesarine are Prudential CHAMPIONS!

Prudential Fox & Roach, REALTORS recently honored Philadelphia County sales associates for their sales performance at a monthly Breakfast of Champions held at the Philadelphia Country Club. None other than yours truly and John Cesarine were among those honored. Here’s a list of those honored: George Maynes – Art Museum Ezra Roulinavage – Society Hill Johanna Loke – 1818 Rittenhouse […]
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October 24, 2011

Say Goodbye to Penn Alexander Real Estate

Patrick Kirkstra wrote a detailed article about a controversial proposal to close Alexander Wilson Elementary, move the students to Lea Elementary, and expand the boundary for the University of Pennsylvania-sponsored Penn Alexander Elementary School that has wreaked havoc on the University City real estate market and flared up tensions regarding gentrification.  The school in question is technically named Sadie Tanner […]
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October 24, 2011

Philly Living: First Cliff Lee and Now This

  Travel and Leisure has a cool little feature on its website that allows viewers the opportunity to have a “City Face-Off”.  The website tallies user submitted votes on people, nightlife, culture, shopping, food/drinks/restaurants, quality of life, visitor experience, best time to visit, and type of trip to compare two cities.  The good news?  Philly beats out New York by a landslide. […]
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October 21, 2011

Top Philadelphia Neighborhoods – Median Home Prices

Top Philadelphia Neighborhoods – Median Home Prices In a followup to my post about home prices in Philadelphia, here is a list of the top Philadelphia neighborhoods based on median price. 1. Rittenhouse Square, Philadelphia – $660,500 2. Society Hill, Philadelphia  – $652,500 3. Chestnut Hill, Philadelphia – $629,500 4. Washington Square West, Philadelphia – $428,298 5. Fairmount South, Philadelphia […]
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October 21, 2011

Pennsylvania Ballet to Break Ground on Avenue of the Arts

Pennsylvania Ballet to Break Ground on Avenue of the Arts The Pennsylvania Ballet company plans to begin construction at 321 N. Broad St.  on a $17.5 million project that will contain five dance studios, offices, and other facilities for the School of the Pennsylvania Ballet building.  The Pennsylvania Ballet company received donations totaling $11.2 million that will go towards the demolition of […]
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October 21, 2011

Stagnation Not Collapse For Commercial Real Estate

  Just got done reading an interesting article on Globe Street.com by Hessam Nadji.   The article looked at September’s jobs report with respect to the commercial real estate industry and concluded that the economy, while not robust, is nowhere as bad as the talking heads and pundits would have you believe.  Rather, the actual data shows positive trends for commercial real estate owners and […]
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October 20, 2011

Some Philly Real Estate Perspective

Some Philly Real Estate Perspective To search Philadelphia Real Estate listings for condos, homes and apartments click here. Blog post compliments of CenterCityTeam’s Philadelphia Real Estate Blog Frank L. DeFazio, Esquire Prudential Fox & Roach Realtors – Society Hill 530 Walnut Street, Suite 260 Philadelphia, PA 19106 215.521.1623  Direct 610.636.4364  Cellular 888.308.1148  Fax [email protected] www.CenterCityTeam.com
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October 20, 2011

Philadelphia Real Estate Market Data

  Philadelphia real estate expert and Prudential Fox & Roach Chairman and Chief Executive Officer Larry Flick recently released his Fall 2011 Chairman’s report which discusses where we are currently and where things are likely to go in the following months.  Very few individuals have more experience and knowledge of the Philadelphia real estate market so Larry’s advice is usually right on point. […]
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October 19, 2011

Size Does Matter…In Old City, University City and on Broad Street

At this week’s Planning Commission meeting three proposed development projects encountered some opposition, largely due to height issues.   Old City Neighborhood Jeff Brown, of Brown-Hill Development, is proposing a large mixed-use building at the corner of Second and Race streets – 205 Race Street in Old City.   The project will include 150,000 square feet of retail space at ground […]
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