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

May 26, 2011

Philadelphia National Home Ownership Month

June is National Home Ownership Awareness Month Home ownership has been the American Dream for several decades. Owning a home creates that sense of community that so many of us dream  of and work to achieve. In recognition of the value and benefits of home ownership in the Greater Philadelphia area, Prudential Fox & Roach, REALTORS is celebrating National Home Ownership Awareness […]
May 25, 2011

Philadelphia Real Estate Sales Slip In April

Philadelphia Real Estate Sales Slip In April Existing-home sales dipped 0.8% to a seasonally adjusted annual rate of 5.05 million in April and down 12.9% from the 5.8 million pace one year ago, according to the National Association of Realtors. NAR said home sales were elevated in late spring of late spring of last year because of the expiring home […]
May 20, 2011

600 N. Broad To Host New Starr, Vetri and Volpe Restaurants

According to a Philly.com article 600 N. Broad will host new Stephen Starr, Marc Vetri and Joe Volpe Restaurants: With about five months until the projected opening, here’s an update on the mega-dining project coming to 600 N. Broad St., former home of Wilkie Buick, as part of Eric Blumenfeld’s $43 million commercial-residential redevelopment. The venture will include Stephen Starr, Marc […]
March 12, 2011

Travel and Leisure Magazine lists Philadelphia among world’s most underrated cities

The March 2011 issue so Travel and Leisure listed Philadelphia among the most underrated cities in the entire USA.  Here’s an excerpt: “Home of the hoagie and the Liberty Bell, Philly has come a long way since the moment screen icon Rocky Balboa trained on the steps of the Philadelphia Art Museum (he’s still there, by the way, cast in […]
March 11, 2011

Philadelphia Real Estate Saint Patrick’s Day

Philadelphia Real Estate Saint Patrick’s Day By Larry Flick, Prudential Fox & Roach, Realtors Celebrating St. Patrick’s Day in the Greater Philadelphia Region Philadelphia County – Median Sale Price: $139,900 It’s time for the annual celebration of all things green – St. Patrick’s Day! As March 17th is rapidly approaching, we’ve scouted out some of the best activities, parades and Irish Pubs […]
March 11, 2011

Philadelphia Still America’s Fifth Largest City

According to Philly.com Philadelphia edged out Phoenix and remains the 5th larges City in the United States: “The numbers-crunchers from the U.S. Census Bureau, who’d estimated – to much fanfare – in 2007 that Phoenix had passed Philly to become America’s fifth largest city, said yesterday that the actual count from 2010 revealed either a) that that never happened or […]
January 25, 2011

Greater Philadelphia Real Estate Housing Prices

Greater Philadelphia Real Estate Housing Prices By Larry Flick, Prudential Fox & Roach, Realtors Greater Philadelphia Housing Prices Hold Steady in 2010 The Greater Philadelphia real estate market is showing signs of stabilizing, as home sales continued to steadily increase after record lows due to the expiration of the federal tax credit in July. In spite of economic conditions that […]
January 12, 2011

Is It Time To Sell Philadelphia Real Estate

Winter 2011 Report Is It Time To Sell Philadelphia Real Estate? A Message from Lawrence F. Flick, IV, Chairman and Chief Executive Officer Prudential Fox & Roach, REALTORS® and The Trident Group We all know it’s a buyer’s market: a great selection of houses, lower yet stable prices, more realistic sellers, and generationally low interest rates. But what about the […]
November 8, 2010

Philadelphia Real Estate Home Prices Stabilize

Philadelphia Real Estate Home Prices Stabilize By Larry Flick, Prudential Fox & Roach, Realtors Greater Philadelphia Home Sales and Housing Prices Hold Steady First Nine Months of 2010 The results are in: Greater Philadelphia home sales and housing prices held steady in the first nine months of 2010, according to the Prudential Fox & Roach, Realtors HomExpert Market Report©. Home […]