GREATER PHILADELPHIA REAL ESTATE BLOG

The Lion's Den

News & Views About Real Estate in the Greater Philadelphia Area

Category Archives: Philadelphia Real Estate

12

Yes, the spring real-estate market has sprung…

Regardless of what time of year it is experts agree that staging one’s home is important when listing it for sale. They’re right. In my experience, the benefits of staging are two-fold. Firstly, when listing photos are taken, staged homes’ photos tend to turn out more appealing. The extra effort absolutely translates to the photographs. Secondly, when potential buyers walk through that front door, a carefully curated home will leave a better impression than an interior that has not had any special attention. As a real estate photographer, I deeply appreciate it when a seller has staged their home. However, staging goes beyond a good vacuuming/dusting. The devil is in the details, as it were. Continue reading

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JOE MCCABE

Joe McCabe

Kurfiss Sotheby’s International Realty welcomed experienced residential and commercial realtor Joe McCabe to its Philadelphia and Bucks County offices in late January.

“Joe is a very good fit for our company because Continue reading

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Old World or New World?

Given the rich European influence on architecture in the greater Philadelphia region, we thought it would be interesting to see if readers can determine whether listings are in Europe or the United States. Simply observe the photos and vote accordingly. To see if your guess it correct, click on the ‘Answer’ link provided.

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Europe or US?

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18602570_big              18602576_big       18602590_big       18602581_big

Europe or US?

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Untitled-2            Untitled-1      Untitled-3       Untitled-4

Europe or US?

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19356760_big         19356773_big       19356782_big      19356763_big

Europe or US

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Untitled-1          Untitled-2       Untitled-3       Untitled-4

Europe or US?

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Thanks for playing. Be sure to share your score!

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Center City Philadelphia realtors descended on the newly staged penthouse at The Ayer building on May 20 with listing agent Melanie Stecura hosting the event at the 4500-square-foot triplex.

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Designer Gretchen Kubiak of Black & Poole just completed staging the Ayer penthouse.

Owners Chase & Jen Utley Continue reading

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Ayer building main entry

The main entrance of the Ayer on Washington Square.

It is 4,500 square feet of cool, contemporary living space high atop the much-admired Art Deco Ayer building on Washington Square, and it is where favorite Continue reading

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stock investmentToday we received some encouraging news from Charles “Chuck” Cosgrove, the founder of Doylestown, Pa.’s Mr. Chips School of Real Estate. Not only are home prices ever more stable and even growing a teeny bit (1.1% in 2012), in February 2013, the number of closings in the greater Philadephia market was up almost 13% from February 2012.

Here are other specifics about the market’s performance in the greater Philadelphia area (Berks, Bucks, Chester, Delaware, Montgomery and Philadelphia counties), again drawn from Chuck Cosgrove’s recent analysis of data from Trend, the multiple-listing service:

  • Average Price: Approximately $232,000, barely up at all from February 2012
  • Pending Sales: Up 8% from February 2012
  • New Listings: Down 5% from this time last year but above levels in February 2010 and 2011.
  • Days on Market: 96, down from 110 in February 2012
  • Inventory: There is 6.3 months of homes available. A six-month supply is considered a balanced market between sellers and buyers.

 

For a specific look at the market in 2012 in your area, take a look at Buy & Sell, Kurfiss Sotheby’s International Realty’s exclusive report on home sales in the greater Philadelphia area, including some specific data for million-dollar zip codes in Bucks, Montgomery, Chester, Delaware and Philadelphia counties.

 

 

 

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