Real Estate Ramblings

I just finished compiling my sixth weekly set of Philadelphia investment market statistics, tracking the trends for shell properties, 2-4 unit properties, and 5+ unit multifamily properties. If you'd like the full data set send me an email and I'll send it along. No surprising trends this week, a...

Looking for an insiders view of a few of Philly's hottest neighborhoods? Look no further than this collection of maps hand-drawn by local residents. They might not be precisely to scale, but they provide an interesting perspective on what Philadelphia has to offer.

The National Association of Realtors has deemed April 10th & 11th "Nationwide Open House Weekend." This is a great idea to generate buzz among buyers and sellers going into the spring selling season, and if you're thinking of buying soon you should mark your calendar and plan to get out and see a...

This slightly tongue-in-cheek article deconstructs a top 10 list of hot cities for young professionals and points out that Philadelphia has a lot more going on than many higher ranked cities. Philadelphia was ranked a lowly 32nd in this ranking, but I agree with the author here that many of the c...

A few years ago I participated in one of Philadelphia's coolest athletic events, the annual Broad Street Run. I plan to try it again this year on May 2nd and if you're into running and are looking for an excuse to get an intimate and unique 'tour' of the city I highly recommend you give it a shot...

For those of you out there researching potential markets or neighborhoods for investment this article might be tasty food for thought: http://nreionline.com/finance/news/supply_constrained_markets_advantages_0308/. It discusses the benefits of investing in supply constrained markets, the conditio...

The big stats chart is getting a bit unruly as it grows, so I thought I'd throw up some charts and a few thoughts here and if you're interested in seeing the full data set every week just shoot me an email and I can send it out as a .pdf document. The charts below illustrate two points that I kne...

Brown McKinney Real Estate James Yoakum - (267) 496-7739 Residential Income Property For Sale South Philly Rental Package 2015-17 Croskey St., Philadelphia, PA 19145 Price:$109,800Building Size:2,240 SFPrice/Unit:$109,800Property Type:Residential IncomeProperty Sub-type:Single-Unit (SFR/ Condo)P...

As of this week I am officially certified by the National Association of Realtors as a Short Sales & Foreclosure Resource (SFR). To earn this certification I have taken classes on the ins-and-outs of working with both buyers and sellers of distressed properties. This education, combined with my r...

The Obama administration has sweetened the pot for home-sellers who owe more on their mortgage that the property can sell for (article here). With the new program, taking effect April 5th, a seller who completes a short sale will receive $1,500 in 'relocation assistance' to incentivize them to ge...