Advice for Buyers

We regularly share the advice, ideas, insight, and assistance you need to buy a home in the Philadelphia community. From ideas on the best neighborhoods (for families, students, singletons, and more) to practical things like securing a mortgage in the Philly area, negotiating with sellers, and any obstacles common to our fair city specifically. We update the blog every day, so there’s sure to be a wealth of information that can help you on your home buying journey.

If you’re relocating here, we have a host of resources for you as well—buying a home in a new city can seem a daunting task, but our knowledgeable team has decades of collective experience in the Philly market, specifically. We share businesses tailored to relocated professionals, as well as full, hands-on services to help your move go smoothly—for you, and for your family!

We hope you enjoy the advice we offer here, and if you need additional information on anything, or to speak with one of our real estate agents, contact the CenterCityTeam: 215.440.2093

September 15, 2010

Perfect Time to Buy Philadelphia Real Estate

Larry Flick of Prudential Fox & Roach, Realtors gives NBC10 an interview on the state of the Philadelphia real estate market. Larry feels that the historically low mortgage interest rates and the leverage that Philadelphia buyers have make this the perfect time to buy a Philadelphia condo or home. [youtube]http://www.youtube.com/watch?v=eFi3i1EO7nw[/youtube] To search Philadelphia Real Estate listings for condos, homes and […]

June 10, 2010

5 Reasons You Need a Philadelphia Realtor

Forbes real estate adviser Tara Struyk wrote an interesting article titled “Five Reasons Why You Still Need A Real Estate Agent” which can be found here. In the article she concluded that doing the work yourself can save money, but it could end up being more costly than a realtor’s commission in the long run. She reasoned a Realtor was […]

June 9, 2010

$8,000 Tax Credit Effects In Philly and Nationally

Philadelphia Real Estate $8,000 Tax Credit Effects In Philly and Nationally Al Heavens had another piece in the Philadelphia Inquirer that discussed the effects of the expired $8,000 Federal Tax Credit on the Philadelphia real estate market. In the article economists use the image of a “two-hill roller coaster” to describe the effect the tax credit had on the housing market nationally […]

June 9, 2010

$8,000 Federal Philadelphia Real Estate Tax Credit

Philadelphia Real Estate $8,000 Federal Tax Credit Now In Focus According to Alan Heavens of the Philadelphia Inquirer the full effect of the expired $8,000 first time home buyer tax credit is now in focus. Nationally the Federal $8,000 tax credit helped increase pending home sales for the third consecutive month. Lawrence Yun, chief economist for the National Association of Realtors said […]

June 9, 2010

Appraisals and Determining Price of Philadlephia Real Estate

I read the Article, “Deciding Home Values Now Tricky” by Al Heavens, Philadelphia Inquirer columnist which can be found here and it really hit home. This issue of appraisals and accurately determining value in Center City Philadelphia has been a hot button issue for the past few months whether you are buying, selling, appraising or a real estate agent. Appraisers were blamed […]

June 9, 2010

Renting vs. Buying Philadelphia Real Estate

Renting vs. Buying Philadelphia Real Estate I often am asked if given the condition of the Center City Philadelphia real estate market and the real estate housing market in general whether it makes more sense to rent or buy. Some real estate experts will use formulas, analysis, metrics and programs like this one I found on the New York Times website in […]

June 2, 2009

Wikipedia Short Sale Primer

A short sale primer for the Philadelphia home buyer compliments of Wikipedia A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property and the property owner cannot afford to repay the liens full amounts, whereby the lien holders agree […]