Owner: Real Estate In Philadelphia URL:http://blog.centercitycondos.com Join Date: Mon, 22 Sep 2008 06:15:43 -0500 Rating:0 Site Description: Mark Wade provides insight and information on the Philadelphia condo scene- from Rittenhouse Square to Society Hill- in this current blog for those who seek to buy and sell condos in Philadelphia. Specializing in the Center City area of downtown Philly, M Site statistics:Click here
Looking to Relocate to Philadelphia? 2008-09-18 14:31:04 Here are some things you are going to want to know…
• The Philadelphia
Inquirer’s Sunday edition is available on Saturday
• Buy a “Smart Card” from the Philadelphia Parking Authority- that way you won’t have to ask strangers on the street for change for your parking meter
• Rittenhouse Square, Washington Square West, Fitler Square, and Society Hill (to name [...]
The Lofts at Bella Vista 2008-09-16 09:04:28 Located on the corner of Washington Avenue and 11th Street in the Bella Vista
section of Center City Philadelphia, The Lofts
at Bella Vista are a wonderful addition to this thriving neighborhood! Just two blocks from the Italian Market, BV Lofts offer a wide range of condominium sizes, shapes, and designs. Impressive penthouse units, and [...]
What is the current market value for a Center City Parking spot? 2008-09-11 12:41:27 Parking in Center
City Philadelphia is a treasured commodity. Since most single family homes in the downtown Philly area were built prior to Henry Ford cranking out his Model T’s, it is fair to assume that less than half the single family homes have parking- ditto for a number of existing condos in Philadelphia. And [...] Read more:Parking
Characteristics that may limit resale value of Philadelphia condos 2008-09-04 14:53:55 Based upon what my buyers have been showing me for years, I would suggest that there are about ten Characteristics that can limit top dollar resale amounts for condominiums in Center City Philadelphia
(not in any specific order) :
1 ) Units in buildings with low owner occupancy ratios
2 ) Tri-Level unit condos with corkscrew styled [...]
Tell Us about YOUR Condo 2008-08-29 14:07:57 Tell Me about your Center City Condo
…..
Do you own a Center City Condo? I would love to feature your condo on my blog, as an example of what potential buyers can expect to find when they begin shopping for a condo in Philadelphia.
Your condo may or may not be for sale, and that’s [...]
You call THAT a Penthouse? 2008-08-29 14:05:31 Often in the Philadelphia condo market, we see a unit advertised as a “Penthouse
”. But what is a Penthouse? Is it simply a condominium that happens to be on the top floor of any give Philadelphia condominium building? It would seem that many sellers and developers seem to think so. And often times, that unit [...]
The Murano Condominiums 2008-08-28 13:12:55 2101 Market Street in Center City Philadelphia
Towering 42 stories tall is arguable one of Philadelphia’s most striking additions to the Center City condominium building set-The Murano Condominium building. Offering stunning views in all directions, the Murano Philadelphia offers one, two, and three bedroom condo units with a maximum of seven units per floor, in the [...] Read more:Condominiums
Paint Your Philadelphia Condo While Drinking a Martini…at Behr.com 2008-08-26 15:22:44 I just saw one of the neatest innovations in painting that can save you a bungle of time, energy, and money. Huge secret here…it is called Behr.com. Behr is a paint company that has developed this online service in which you can pay $4.95, and upload a photo of any particular room in your new [...] Read more:Condo
, Drinking
, Martini
, Paint
, Philadelphia
10 Rittenhouse Square - Philadelphia’s Ultimate Address 2008-08-21 14:51:55 Seen rising above the Barnes and Noble bookstore on the north side of “The Square
” is the new premier Rittenhouse Square condominium project, 10 Rittenhouse.
ARC Wheeler, the developer of 10 Rittenhouse in Center City, is saving the historical façade of the old Rittenhouse Club, and the new five-story structure will have three mega-condos. In a [...] Read more:Address
, Philadelphia
, Ultimate
Center City Condos STILL Keep Their Head Above the Water 2008-10-09 12:59:12 We have talked about this before and the topic keeps us happy here in Philadelphia, so here we are talking about it again. Amidst a year filled with housing turmoil, from foreclosures to listings that sit on the market for over 200 days with no end in sight despite ANOTHER price reduction, here in Center
City Philadelphia, condominiums are [...]
Halloween is really gonna suck this year… 2008-10-07 12:45:22 Need we say more?
Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106 Read more:gonna
, Halloween
Suburbs Turning into Slums? Center City Condos Thriving? 2008-10-02 11:30:58 Untidy vacant homes? Crime? Social Disorder? Here in the City? Guess again.
With the subprime crisis unfolding across America, more and more homeowners in the Suburbs
are facing foreclosure and they are having a difficult time finding buyers who are interested in purchasing their homes that sit on oversized lawns that will need mowing on Saturday morning after a 75 hour work week. Today, Read more:Center
, Thriving
The Best Philadelphia Penthouses 2008-09-30 16:04:03 Not necessarily the most expensive, but having twenty years experience in the Center City real estate sales, and asking other agents for their input, I have compiled a list of the top dream Penthouse condos in Center City Philadelphia
…
1) The Plaza on Rittenhouse Square – Boasting some of the most magnificent mansions in the sky. [...]
First Time Home Buyer Tax Credit 2008-09-26 14:29:08 With the recent headlines about our economy and the current state of the mortgage industry, not to mention Wall Street, it is nice to talk about the opportunity some folks can still have to purchase their first home with the $7500 Fist Time Home Buyer
Tax Credit.
I recently came across this easy to understand and well-thought out article written by a Mortgage [...] Read more:First
, First Time
The Top 5 Philly Condos you have NEVER heard of… 2008-09-25 11:43:41 Like classmates you went to high school with, some Center City Condos are loud, and some are very quiet, and rarely get any attention. They slip under the radar without being noticed. Here are our top 5 favorite condos in Philly
that you may not have noticed:
The Palladium Condominiums: Located at 2138 Lombard St., this [...]
Lower the fees on your Fitler Square Condo 2008-09-23 15:55:33 It is a rare day when I meet someone who doesn’t care about how much condo fees are for any given (say) Rittenhouse Square
condo. Like saving money at the gas pump, or hitting a sale at Barney’s Co-Op, it is just something that concerns those looking to buy Philadelphia real estate.
Here are my top 4 [...] Read more:Condo
, Lower
Are you looking to buy the condo sizzle, or the steak? 2008-10-30 16:09:04 The anticipation of a new condo project can outweigh the reality of the finished product, as buyers really aren’t sure of how the finished project is going to sell, once completed. Or how the finishes are going to translate into the emotional draw, or the lack thereof, that the project is going to emit, once [...] Read more:sizzle
Good News about Home Prices in Philadelphia 2008-10-23 14:13:58 Yahoo came out with a great real estate article this past week about how Philadelphia
Condominium and Home prices have stayed steady! Here is a quick excerpt:
“Philadelphia bashers like to note how the city doesn’t quite keep pace with its northeastern neighbors New York and Boston. When it comes to real estate, that may be [...] Read more:Good News
, Prices
My Buyers are Not Stupid 2008-10-21 10:34:33 I love the little tricks that real estate agents sometimes attempt in order to try to “pull one over” on my buyers.
Guess What? They Ain’t fallin’ for it….because I am going to take the time to educate them about the little nuances of realtors here in town.
For instance, that listing where a realtor may have [...] Read more:Buyers
, Stupid
Philadelphia-The Country’s Best Tippers 2008-10-16 09:54:06 Philadelphia is not, nor has it even been as BAD as Philadelphians claim that it is. According to Zagat, Philadelphians rank highest in the nation for generous tipping! As a waiter in my past life, I have always been one to tip well- though I am aware that I am a bit demanding also.
I came [...] Read more:Country
, Philadelphia
EnergyStar Products for Your Center City Condo 2008-10-14 16:13:37 Save Money, Save Energy!
With today’s high energy costs and the global warming situation, it may be a good idea to invest in some EnergyStar products for your Center
City Condo
minium. Here are a few that I like myself:
The Miele W3035 Washing Machine. A stainless steel Washing Drum with a 24-hour delay start, interior light, and hydraulic suspension, [...] Read more:Products
The Hopkinson House Condominiums - 604-36 S. Washington Square 2008-11-18 12:35:12 The Hopkinson House
A wonderful high rise located directly on WashingtonSquare
! A wide variety of sized units…from studios to a few large three bedroom units can be found in this Society Hill condo building. Rooftop pool, and underground on-site rental parking is available. Many of the condominiums in the building have balconies….either sun drenched south [...] Read more:Condominiums
, Washington Square
The Academy House - 1420 Locust Street, Philadelphia 2008-11-13 15:57:48
On-Site Rental Parking Pet Friendly Building Doorman Building Indoor Pool
The AcademyHouse
! Located in the heart of Center City, this lovely 30+ story condominium building offers a wonderful assortment of unit sizes and styles…many with outside balconies! Rental parking in the lower level (vale Read more:Philadelphia
, Street
Relo Alert-I just found another super low priced condo that is now on the Center City market for sale! 2008-11-11 15:47:42 (November 2008)
This super priced two bed condo with parking is already priced below market (in my opinion) as I have sold an identical unit within the past 6 months at this complex, for more money!
And the asking price is just an asking price!
A relocation/corporate owned condo is akin to a foreclosure, in that a 3rd party [...] Read more:Alert
, Center
Buying New Construction Philly condos can be painful 2008-11-06 14:58:18 Buying a new construction condo can really try one’s patience. From delays in proposed settlement dates, to varying opinions of what constitutes a finished product, can really be a pain in the butt
Be forewarned- if you are buying new construction- there is a ONE MILLION percent correlation between the amount of interference you run, and [...] Read more:Buying
, Construction
, painful
, Philly
Top Philadelphia Condominium Sales Models 2008-11-04 15:54:34 I am such a sucker for a Gorgeously Decorated condo!
Any condo developer with a large number of units to sell is going to have one unit on display, and decorate it to the Nth degree. Some Philly condo offerings do such a thing better than others. Having seen almost every condo Model Home in town, [...] Read more:Philadelphia
, Sales
Two Corporate Owned Condos in Center City-These units sometimes sell at HUGE reduced prices 2008-11-01 17:59:40 Akin to a foreclosure, corporate owned, or “Relocation” homes and condos in Center
City Philadelphia are often marked down in order to get them to sell fairly quickly.
I currently am aware of two such condos in town. In one instance, the condo sold in 2006 for $569,000 and is now asking $449,000. And that is [...] Read more:reduced
, units
Philadelphia Real Estate Statistics 2008-12-18 14:52:24 October 2008
For zip codes 19102, 19103, 19106, 19107
(Lombard to Vine Streets, Front to 26th Streets- approximately)
Monthly Statistics
for the Date Range Selected
Date
Units Listed
Listed Volume
Listed Average
Pended
Units Sold
Sold Volume
Sold Average
Average DOM
Oct 2008
106
101,287,452
955,542
23
32
21,276,800
664,900
128
Read more:Estate
, Philadelphia
Philadelphia Condos on Spruce Street & Pine Street 2008-12-16 16:05:46 Along (what I have dubbed) the Spruce
/Pine corridor here in Center City Philadelphia
, there are a variety of low rise/Brownstone styled condominiums that have seemed to perform reliably well over the past decade. Due to the perceived desirability of the location of Spruce St. and Pine St, and the mix of unit availability, along with [...] Read more:Street
Recommend Site To A Friend
