If the price is right, the houses are selling very quickly here in Philadelphia! I have had two houses sell in the first week in the last month! Pent up demand and the want of a bargain? Maybe a little of both. The houses I had weren’t rock bottom prices but prices that made sense. Sometimes being overpriced by just 10K will cause the market to turn it’s cold shoulder to an otherwise wonderful home. Market knowledge is the key. I know what’s up in almost every neighborhood in Philadelphia. I am seeing awesome things all over town: Northern Liberties, Francisville, Brewerytown, Germantown, Roxborough, Passyunk East, Newbold, Point Breeze and my little ville of Mount Airy.
If you think you can’t have it all, come check out Philly. We ain’t perfect but we are pretty damn good!