Real Estate Advice
When you’re buying or selling a home, it helps you understand not only the local real estate market, but some of the national trends that may effect your home selling or buying journey.
Our experienced team of real estate agents bring decades of collective experience to the table and regularly use this section of the website to offer their best tips and advice for sellers and buyers.
We hope you enjoy the advice we offer here! For an analysis of your home’s value or for help finding the right property in the Philly area, speak with one of our talented real estate agents or directly contact the CenterCityTeam office: 215.440.2093
April 21, 2015
Today’s post focuses on none other than Philadelphia Phillie Cliff Lee’s posh Rittenhouse Square condo which hit the MLS yesterday with an asking price of 6.9 million. Cliff and his wife purchased the condo in January of 2011 for just under 5mil. It’s been a while since we looked into the CENTERfold, but trust me – this condo is worth […]
April 17, 2015
Dark, dingy, and half-empty, the Gallery at Market East is nobody’s idea of a great shopping mall. It currently features brick steps leading to an entrance below street level, and dim, unattractive concourses that look like throwbacks to the 70s and 80s. Overall, it is currently an ugly and unappealing excuse for a place to shop. All that is soon […]
April 14, 2015
1.) A quarter of all Philadelphia homeowners will be receiving notices of reassessment this week. Philadelphia Chief Assessor Michael Piper says that 125,000 households will be notified of a change in their property tax amounts, whether for better or for worse. He stated that more than half of all notices will show a decrease in taxes due to a decrease […]
April 6, 2015
For generations, American young adults have followed a certain life script: move out of your parents’ home, go to college, get a job, get married, buy a home, start a family. There’s some wiggle room for the order of events, but the gist is clear. As the generation known as Millennials continue to grow up and move through the milestones […]
March 23, 2015
Former parishioners of St. Laurentius Catholic Church are outraged that the historic building is facing demolition. The archdiocese has made the decision to topple the church, citing the fact that the exterior is badly damaged and that it would cost too much to fix it. But those who grew up with the church, which dates back to the 1800s, are […]
March 20, 2015
While some residential areas of the United States are continuing to struggle with home sales in the wake of the Great Recession, Philadelphia is seeing quicker sales than any time in the last three years. According to Berkshire Hathaway HomeServices Fox & Roach, who published a year-end report, the housing sector has continued to gain a boost by way of […]
March 9, 2015
Is there anything quite as tragic as an empty theater? There’s something especially poignant about an abandoned stage, where once singers sang and actors acted and dancers danced to bring artistic joy to the masses. Of course, not every theater can stay open forever. Still, it’s inspiring when a party steps in to ensure that a haven for the arts […]
March 5, 2015
Joining the expansive, varied Center City eating and drinking scene is U-Bahn, described as “a new underground stop for all things local — food, beer, and music.” This shrine to “Philly street food” will also thrill those who love their beer. The pub will sport eighteen brews on tap between two bars. A custom tower will serve Yards Philadelphia Pale […]
March 2, 2015
How does a city simultaneously solve the problems of school budget deficits and unused school buildings sitting empty? Easy – it kills two birds with one stone and sells the schools for cash. Such is the case in Philly, where the school district has netted $42 million in the last two years by selling off 12 former schools. As many […]