A small number of condos in prime Center City zip codes have not appreciated over the past decade+/- In my 33 years of selling Center City real estate, I can tell you that value growth/appreciation is a priority for most buyers when purchasing a Center City condo: Many buyers rank appreciation as a reason to [...]
Center City offers a buffet of living arrangements. Almost any Center City condominium with a smattering of exposed brick attempts to pass itself off as a loft. Often sought after as an expression of one's own style, loft living has taken off in downtown Philadelphia. Lofts vary in look, layout, and location throughout downtown [...]
I like HGTV. I think their shows are timely, relevant, and interesting. A nice combination of education and entertainment centered around a topic that everyone likes to talk about – Real Estate. Here are some ideas I have for TV programs that I would like to see because as a Philadelphia REALTOR®, I encounter a plethora [...]
...and has dirty orange shag carpeting, and faded purple walls. I really do.Buying a cosmetically ugly home is the VERY best way to protect your investment. Our little group of REALTORS® (www.CenterCityCondos.com) have sold over 3,000 homes and one distinction we can brag about is our ability to pinpoint condos which are "diamonds in the rough" and finding condos that [...]
Here are some tips for making your offer on your potential new home as attractive to the seller as it can be: 1) Get a pre-approval from the mortgage company that the LISTING agent uses most. This will allow the listing agent, who will be presenting your offer to the seller, to be comfortable with [...]
One surefire way to dress up that cabinet is with a really nice, non-gaudy knob or pull. It adds a certain flair to the cabinet, and the right knob or pull can really make all the difference in the world.
Many of my Philly Condo buyers ask me which buildings they should view based on specific amenities. Here’s how I generally respond.
This scenario and resulting depreciation is usually wiped off the books after year one. It is the initial depreciation of a new condo that is loaded towards the front of ownership- like in the first year. Once that hurdle is cleared- the possibility of depreciation lifts as well.
