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

March 30, 2016
front

The CENTERfold: Wonderful in Wayne

It’s been a while since we’ve whipped out the CENTERfold, but the home we’re showing today was well worth the wait. Located on the affluent Main Line in Radnor Township, Wayne, this unique and gorgeous manse is the stuff of which dreams are made. The address is 30 Northwoods Road, and this stunning, 2-story colonial has to be seen to […]
March 15, 2016
house flipping millennials

Millennials Love Flipping in Philly!

While not everyone agrees on the definition of “hipster,” we can agree on one thing – that hipsters are those who stay ahead of trends in clothing, food, and life in general. They are almost always a subset of millennials, and they tend to be younger – in their 20s and early 30s. Apparently, they are also trailblazers in real […]
March 7, 2016
laurel hill

Historic Philly Mansion Gets Attention

CBS 3 Philly recently highlighted a gem of Philadelphia architecture. The piece focused on Laurel Hill Mansion in Fairmount Park. The house is beautiful and would be considered a treasure under any circumstances, but what makes it particularly special is the fact that its architect was a woman – something that was virtually unheard-of in the 18th century. Rebecca Rawle […]
January 18, 2016
a pile of bitcoin.

First Bitcoin Real Estate Transactions Coming to Philadelphia

The condos for sale in Manayunk are, for lack of a better word, unexceptional. The last four units remaining at Falcon Condominiums are described in their official listing as “ideal for live/work lifestyle of entrepreneurial start-ups.” What makes these condos special? Their listing price. It’s not that the price is particularly low or egregiously high – it’s that the price […]
December 30, 2015
philly in disrepair

Will the Land Bank Help or Hurt Philadelphia Citizens?

Not far from the shining glass-and-metal skyscrapers of Center City Philadelphia are streets where blight reigns. The New York Times recently ran a story on Philadelphia’s Land Bank, the city’s great hope for revitalizing the crumbling neighborhoods that are endemic in places. The Philadelphia Association of Community Development Corporations, a nonprofit organization that acts as an advocate for mixed-income neighborhoods, […]
December 28, 2015
cost burden map

Are Philadelphia Renters Cost-Burdened?

There are more renters in America right now than there have been at any point since the 1960s. Home ownership is at a half-century low, and renting has spiked. This has been the trend since the housing crash of the late 2000s. A discouraging trend that’s gone alongside the rise in renting? Renters paying too much for their housing. It’s […]
December 15, 2015
apartments

Developers Seek to Fill Philadelphia’s Apartment Shortage

A piece that ran today in the Wall Street Journal covered Philadelphia’s apartment shortage and profiled one big-name project stepping in to fill the void. As is the trend in cities with more than five million people, the downtown population is on the rise in Philadelphia. Millennials and empty-nesters especially are flocking to these urban centers, and Philadelphia has lagged […]
December 14, 2015
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The CENTERfold: A “Chestnut” of a Penthouse

Today we’re highlighting a gorgeous Center City penthouse that, in addition to many other assets, boasts spectacular views! The address is 1001-13 Chestnut St 1101W, located at the Victory Condominiums. The Victory is known for its one- and two bedroom units that are available in both bi-level and flat layouts. Today’s CENTERfold star has two bedrooms and two baths, spread […]
December 2, 2015
Philadelphia Apartment Rentals

Reports Vary on Philadelphia Apartment Market

How is Philadelphia’s apartment market doing? It’s an important question, not just because of rentals’ status in the overall state of Philadelphia housing, but also because of the high number of new multifamily building projects either recently-completed or coming down the pipeline. Is the market growing oversaturated? Sources seem to agree that the answer is “no, but proceed with caution.” […]