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Philadelphia shows a price gain!

Portrait of a slowdown<br />The HomExpert quarterly report shows fewer sales, flat prices.<br />By Alan J. Heavens, Inquirer Real Estate Writer<br /><br />Sales of existing homes in the eight-county Philadelphia region were down about 10 percent in the third quarter from the same period in 2006, and median sale prices generally were flat, data from Prudential Fox & Roach’s HomExpert Market Report show.<br /><br />Median prices in the five Pennsylvania counties were 1.9 percent higher in the third quarter over the same period last year, the data show, but rose 6 percent in the South Jersey counties.<br />Philadelphia itself, the engine that drove the real estate boom of 2000-2005,...

Center City prices up 6.3 percent!!!!

Local housing values up slightly for quarter<br />By Alan J. Heavens<br />Inquirer Real Estate Writer<br /><br />The <a class=”inform_highlight” title=”Philadelphia” href=”http://www.inform.com/Philadelphia”>Philadelphia</a> area is not included in the housing-price index released yesterday, but other recent reports point to a healthier market here than in other parts of the country.<br /><br />Third-quarter existing-home-sales data, compiled by the HomExpert Market Report from the Trend Multiple Listing Service, show median prices in metropolitan Philadelphia’s five <a class=”inform_highlight” title=”Pennsylvania” href=”http://www.inform.com/Pennsylvania”>Pennsylvania</a> counties were 1.9 percent higher from a year earlier.<br />Median prices rose 6 percent in the three <a class=”inform_highlight” title=”South Jersey Industries Inc.” href=”http://www.inform.com/South+Jersey+Industries+Inc.”>South Jersey</a> counties, and there was a median price gain of...

Al Heavens wins!

<a href=”http://3.bp.blogspot.com/__b6Y0cLXpyI/RzyENa1XXDI/AAAAAAAAABw/l_t9lUXAccg/s1600-h/alheavens1.jpg”><img id=”BLOGGER_PHOTO_ID_5133123041371839538″ style=”FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand” alt=”” src=”http://3.bp.blogspot.com/__b6Y0cLXpyI/RzyENa1XXDI/AAAAAAAAABw/l_t9lUXAccg/s200/alheavens1.jpg” border=”0″ /></a><br /><div>The National Association of Real Estate Editors named Alan J. Heavens of the Philadelphia Inquirer and Seattle-based freelance writer Jane Hodges, who writes for Dow Jones and the Seattle Times, as the winners of the Sixth Annual NAREE Bivins Fellowship.</div><br /><div><br />The NAREE Bivins Fellowship entries were independently judged by Professor George Harmon, head of the Business Writing Program at the Medill School of Journalism at Northwestern University. NAREE announced award recipients at its Fall Summit in Las Vegas.</div><br /><div></div><br /><div></div><br /><div><br />Heavens will use the funding to create a college-level program to...

Even the New York media has discovered Philly!

Before you start thinking I’m crazy, and you’re saying, “Who the heck would commute from Philly?” consider that low housing prices make the City of Brotherly Love one of the leading homeownership markets in the country.<br /><br />Just 68 minutes by train, Philadelphia is less of a commute for some New Yorkers than those living in Long Island, Connecticut or parts of New Jersey.<br /><br />For freelancers, telecommuters, and corporate types who don’t have to be in New York every day, Philadelphia is a design-conscious homeowner’s dream. Maybe that’s why empty nesters and recent retirees are flocking to the city.<br /><br />You can get a townhouse for $325,000. You...

444 North 4th Old City Condo

<div style=”text-align: center;”>Great new rehab LofT condo located in Old City from the mid 2’s WITH parking.<br /><br />Check out the video then call Fred at 267-514-4630 for an appointment.<br /><br /><object width=”320″ height=”266″ class=”BLOG_video_class” id=”BLOG_video-86427d4553cebef1″ classid=”clsid:D27CDB6E-AE6D-11cf-96B8-444553540000″ codebase=”http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0″><param name=”movie” value=”//www.youtube.com/get_player”><param name=”bgcolor” value=”#FFFFFF”><param name=”allowfullscreen” value=”true”><param name=”flashvars” value=”flvurl=http://redirector.googlevideo.com/videoplayback?id%3D86427d4553cebef1%26itag%3D5%26source%3Dblogger%26app%3Dblogger%26cmo%3Dsensitive_content%253Dyes%26ip%3D0.0.0.0%26ipbits%3D0%26expire%3D1440533029%26sparams%3Did,itag,source,ip,ipbits,expire%26signature%3D7528F30F80498CA7E47BC95315EC0697C3C58F77.7121743CC9D74BCF412A0358FD938C3FC5BBACE1%26key%3Dck2&iurl=http://video.google.com/ThumbnailServer2?app%3Dblogger%26contentid%3D86427d4553cebef1%26offsetms%3D5000%26itag%3Dw160%26sigh%3DGiCFouiYHEmsKFAF1iVdkzCHKyI&autoplay=0&ps=blogger”><embed src=”//www.youtube.com/get_player” type=”application/x-shockwave-flash” width=”320″ height=”266″ bgcolor=”#FFFFFF” flashvars=”flvurl=http://redirector.googlevideo.com/videoplayback?id%3D86427d4553cebef1%26itag%3D5%26source%3Dblogger%26app%3Dblogger%26cmo%3Dsensitive_content%253Dyes%26ip%3D0.0.0.0%26ipbits%3D0%26expire%3D1440533029%26sparams%3Did,itag,source,ip,ipbits,expire%26signature%3D7528F30F80498CA7E47BC95315EC0697C3C58F77.7121743CC9D74BCF412A0358FD938C3FC5BBACE1%26key%3Dck2&iurl=http://video.google.com/ThumbnailServer2?app%3Dblogger%26contentid%3D86427d4553cebef1%26offsetms%3D5000%26itag%3Dw160%26sigh%3DGiCFouiYHEmsKFAF1iVdkzCHKyI&autoplay=0&ps=blogger” allowFullScreen=”true” /></object></div> Share this:TwitterFacebookGoogleTumblrLinkedInEmailPrintPocketRedditPinterestLike this:Like...

Philadelphia up 3%

Best And Worst U.S. Housing Markets<a href=”javascript:fdcBioWindow(“>Matt Woolsey</a>, Forbes Magazine11.21.07, 6:00 PM ET<br />Complete List: <a href=”http://www.forbes.com/2007/11/21/housing-best-nationwide-forbeslife-cx_mw_1121realestatebest_slide_2.html?thisSpeed=20000″>Best U.S. Housing Markets </a><br />Complete List: <a href=”http://www.forbes.com/2007/11/21/housing-worst-nationwide-forbeslife-cx_mw_1121realestateworst_slide_2.html?thisSpeed=20000″>Worst U.S. Housing Markets </a><br /><br /><br />Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation’s housing markets, driving down prices and stalling sales.<br />But it’s not so in <a href=”http://www.forbes.com/2007/11/21/housing-best-nationwide-forbeslife-cx_mw_1121realestatebest_slide_2.html?thisSpeed=20000″>Salt Lake City</a>, <a href=”http://www.forbes.com/2007/11/21/housing-best-nationwide-forbeslife-cx_mw_1121realestatebest_slide_3.html?thisSpeed=20000″>Charlotte, N.C.</a>, and <a href=”http://www.forbes.com/2007/11/21/housing-best-nationwide-forbeslife-cx_mw_1121realestatebest_slide_4.html?thisSpeed=20000″>San Jose, Calif.</a>, where prices have continued to climb without so much as a hiccup.<br />In Salt Lake City, the median home sale price for the third quarter this year rose 14% over the same time in 2006, according to data released...

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