Blog

Office Conversions Can Transform MidTown

The MidTown Philly condo market hasn't recovered since 2020 as robustly as Rittenhouse Square and other prime Center City communities. Once Philly follows the lead of New York in creative conversion of empty office and commercial space, it could transform the MidTown condo market.

Luxury Market Report – May 2022

Philadelphia luxury opened to a global dynamic in the past two years. While initial urban exodus in 2020 drove buyer demand for suburban luxury, Main Line home sales have quieted considerably. However, the global demand for multiple homes continues to support luxury success both in Center City and on the Main Line.

Foreclosure Tragedy of 2022

It's not 2008, but.... The foreclosure tragedy of 2022 is often an untold story. What's tragic is the majority of homes going to auction in 2022 have equity. Families are losing their homes, equity and hope. #fightthebank

Main Line Luxury Spotlight

I recently highlighted two new luxury condo listings on Rittenhouse Square priced between $4-5M. Let’s take a look at two Main Line luxury homes offered in the same price range…

Rittenhouse Square Luxury Condo Update

Luxury living on Rittenhouse Square offers many diverse lifestyle options. Luxury condos facing Rittenhouse Square park are a favorite for buyers who desire amenity rich apartment living, with easy access to restaurants, doorman services, shops and of course, the park

Luxury Real Estate Report – March 2022

The global population of individuals with a net worth of $5 million+ reached more than 3.6 million globally in 2021. A new map for luxury opened up new locations and multiple homeownership in greater numbers.

Philadelphia Foreclosure Market Trends 2022

Foreclosures have traditionally been prime opportunities to secure a below market property for investors, and savvy first time homebuyers who are willing to take on some renovations. In fact I’ve…

Rittenhouse Square Foreclosure Update – A Tale of Two Condos

Two recent bank owned foreclosure offerings on Rittenhouse Square are prime examples of foreclosure trends for 2022, very different from what we saw with bank owned listings post-mortgage crisis.

Top 10 Myths about Short Sales

Short sales are a segment of real estate that is widely misunderstood and poorly represented. A completely different from a "normal" real estate transaction. Top 10 myths about short sales debunked.

How foot traffic affects condo values

Hybrid back-to-work models appear to be the new normal, based on a recent survey by Philadelphia’s Center City District. Major metropolitan areas across the country face the same challenge as…