If you’re looking at condos in Philadelphia, 1201 Fitzwater St., better known as Hawthorne Lofts, is likely on your radar. It’s one of those buildings that looks great on paper, but after years of working directly with the developer, I know there are details you just won't find by scrolling through a Zillow gallery.
On January 4, 2027, Fannie Mae's minimum reserve contributions for condo associations jump from 10% to 15% of annual assessment income. Miss that with no study to back you up, and Fannie Mae can mark your building "Unavailable", meaning no conventional financing for anyone trying to buy in.
The Top Three Condos Near The University of Pennsylvania & Drexel. 2200 Arch Street, 23 South 23rd Street and Locust Point are great nearby options that include 24/7 security.
There’s a disproportionate return on early cosmetic upgrades. The first dollar you spend fixing obvious issues—scuffed walls, worn floors, dated finishes—removes friction. And friction is what holds buyers back.
After 37 years in Center City real estate, the call I dread most is from a seller who accepted an offer — with another agent — and now the deal has just collapsed. Nine times out of ten, it wasn't the price or the market. It was something buried in the building.
Condo lobbies can either greet you with their splendor or disappoint you with their lack of taste. In no particular order, these are my selections for Center City’s ten most impressive condo lobbies, based on architectural design, functionality, first impressions, and the reactions they consistently generate from buyers.
In my 37 years of navigating the Center City Philadelphia real estate market, I’ve developed a sharp eye for the difference between a high-end investment and a design-heavy disaster. Here is the hard truth most agents are afraid to tell you: you can absolutely "over-design" your way out of a sale.
If you want to see the full data breakdown or see which units are currently for sale in these 11 buildings, head over to CenterCityCondos.com. With 37 years of selling condos in Center City, I’ve got a collection of floor plans, ‘My Two Cents’, and active listings waiting for you there.
It is NOT always dollars and cents that prompt a seller to sign an agreement of sale…here are a few tips to sweeten your Philly Condo offer: Shorten your settlement date-especially if the home is vacant. Get a pre-approval from the mortgage company that the LISTING agent uses most. This will allow the listing agent, [...]
Yeah, I swim. A lot. Here are my top five favorite pools in town. 1.)Waterfront Square 2.) One Riverside 3.) The Arthaus 4.) Symphony House 5.) The Murano
