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

October 17, 2011

It’s Time To Buy That House (In Philadelphia)

It’s Time To Buy That House (In Philadelphia) What a great follow up to my post about how Philadelphia home values have held value or increased in value since 2005.  Nationally, US home prices have lost nearly 1/3 of their value and would be buyers are opting to rent or wait.  According to the Wall Street Journal article, “It’s Time To Buy […]
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October 16, 2011

Philadelphia Open House Best Practices

Philadelphia Open House Best Practices (UPDATE: A buyer client of mine who we can simply call Large Marge has asked that I disclose that i just put a property under contract that was found as a result of an open house) Open houses continue to be an area of debate in the Philadelphia real estate community. Some real estate agents […]
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October 16, 2011

Philadelphia Home Values Are NOT Declining

Philadelphia Home Values Are NOT Declining Location, Location, Location –  Buying Real Estate In Center City Protects Your Investment Philly.com posted a really cool article today named “Home Price Survey 2011”.  The article includes an in an interactive map that shows the median price values of each Philadelphia neighborhood (by zip code) for the years 2005-2011. Click here to play with […]
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October 11, 2011

Mortgage Rates Once Again At Historic Low

Mortgage Rates Once Again At Historic Low   I don’t know how many times I’m going to beat this drum but rates just keep falling.  Great time to buy…or at least refinance.  Here’s an email I got today from Trident Mortgage:   Hello Agents Attached is an email that you can forward to your clients to show the historical rise […]
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October 7, 2011

Society Hill 2bed/2.5bath – 200 Lombard Street 10 – REDUCED $125,000!!

MUST SELL! Steal of the Month – 200 Lombard Street 10 – REDUCED $125,000!!  Originally listed at 499k and now reduced to 375k. [idx-listing mlsnumber=”5946651″ showall=”true”] 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 […]
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September 18, 2011

Art Museum Neighborhood Open House – 868 Taylor Street – September 18, 2011

ART MUSEUM NEIGHBORHOOD OPEN HOUSE 1-3pm TODAY!!! 274,900 – 2bed/1bath w/ beautiful back yard and CENTRAL AIR! Welcome home! This house offers an open floor plan, newly renovated bathroom and cozy back patio for entertaining. Hardwood floors throughout including original flooring in bedrooms and upstairs hallway. Crown molding in the living/dining room enhances the 9’ft ceiling. Decorative lighting fixtures and […]
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September 15, 2011

Philadelphia Mortgage Rates Lowest Since 1950s

Philadelphia Mortgage Rates Lowest Since 1950s Philly real estate agents who work for Prudential Fox & Roach, Realtors received this email today from Larry Flick – our CEO: “The silver lining on our sluggish economic cloud is that mortgage rates are at a new record low. Please see the following article and feel free to share with your clients. For […]
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August 18, 2011

Philadelphia Home Sellers Forgoing For Sale Signs?

Philadelphia Home Sellers Forgoing For Sale Signs? Philly.com published an article  that said, real estate agents had noticed a trend of home sellers opting to NOT put a for sale sign in front of their property.  Agents from cities throughout the country are quoted in the article as having seen the same phenomenon.  The reasons home sellers are forgoing for […]
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August 15, 2011

Philadelphia Real Estate Letter From Larry Flick

Philadelphia Real Estate Letter From Larry Flick In June of last year, mortgage interest rates dropped to what were then historic lows. I thought they could never go lower. I was wrong. For the past week, mortgage interest rates have gone even lower than they were at the beginning of last summer – I’ve seen 30 year fixed mortgages hovering […]
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