Like being bumped out of first class, or getting the worst table at your favorite restaurant, being "downgraded" is no one's idea of a good time. Condominium values in Center City Philadelphia can also be downgraded. Since enjoying a popular, if not wild ride over the past decade as demand had outweighed supply, new buildings [...]
Mid Rise Condominiums (MRC's) are prevalent throughout Center City Philadelphia and generally have come about in popularity in the past 15-20 years. MRCs can be defined as buildings between 5 and 10 stories tall and may or may not have services such as a doorman, porter, a pool, or on site management, but generally they [...]
Like standing in front of home plate, a variety of potential outcomes - from striking out, hitting a single or a grand slam, or getting hit by the baseball - may occur. The outcomes of buying a pre-construction condominium from a model and a set of blue prints can have the same set of consequences. [...]
Has the condo market been overbuilt, or overpriced? Unless you live underneath a rock, it can be no surprise that the condominium market in particular has drawn the short end of the stick in the recent housing downturn. From high rise to loft/Brownstone styled condos, the market seems unyielding harsh to the presence of a [...]
Or more aptly put, is it possible to offend a whole subset of Philadelphia real estate owners in one article? I think the possibility of both is worthy of consideration. Rittenhouse Square, named after David Rittenhouse- a somewhat famous, if not boorish Philadelphia historic figure of note, has been the destination for those upper tier [...]
As a veteran downtown Philadelphia Realtor, I am sometimes accused of being indifferent to the mental trauma thrust upon buyers, especially first time buyers, as they drive down the fairway in life knowing as the home buying process. Questioning your decisions, is natural. Not anticipating the worst is unheard of, and taking your lumps is all [...]
Considering doing a condominium conversion here in Center City?Let the experts at CenterCityCondos.com help you maximize your resale potential!Listen to Mark speak with Marie Scarpulla, from Fox Roach Land Development division. This podcast is geared towards those looking to buy or sell large land, or development projects.CLICK HERE to view the instructions for applying for a Tax [...]
Buying a new construction condo in Philadelphia can really try one's patience. From delays in proposed settlement dates, to varying opinions of what constitutes a finished product, many issues can really become 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 [...]
As Heidi Klum would say, "One Day You Are In, and The Next Day, You Are Out". That notion, if stretched and reworked a bit, could be somewhat applicable to condos in Center City Philadelphia. Since not all fluctuations in value have a direct correlation to one event, or one particular quality to a particular [...]
High Rise Condominiums (HRCs) can be defined here in Center City Philadelphia as buildings between ten and thirty stories tall. There are a number of high rise options for buyers here in town- from the existing buildings, to a slew of new construction projects already under way. The primary benefit of a high rise condominium [...]
