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October 2008

October 23, 2008

Good News about Home Prices in Philadelphia

Filed under: Center City Real Estate,General Real Estate,Of Interest To Sellers — Center City Philadelphia Real Estate Agent @ 2:13 pm

Yahoo came out with a great real estate article this past week about how Philadelphia Condominium and Home prices have stayed steady!  Here is a quick excerpt:

“Philadelphia bashers like to note how the city doesn’t quite keep pace with its northeastern neighbors New York and Boston. When it comes to real estate, that may be a good thing. While prices in the Big Apple and Beantown soared during the bubble years from 2003 to 2006, the City of Brotherly Love charted slow and steady growth. Over the past year, Philadelphia prices have stayed stable, while New York and Boston suffered small declines. And only 7 percent of Philly-area homeowners sold for a loss in the past year, according to Zillow — well below the national average of almost 24 percent.”I personally advertise on Zillow, so I think they are a great informative site! You can also check out my listings at my site As you can see Philadelphia seems to be a great place for a long-term investment so give me a call at 215.521.1523 or send me an email at if you are interested in making a Philadelphia Condominium your next home!

Mark Wade
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106


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530 Walnut Street, Suite 480
Philadelphia, PA 19106
Direct: 215.521.1523 ~ Office: 215.627.6005
Fax: 215.627.3142
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