In a recent article by Forbes, Philadelphia was named the 4th best city in which to buy real estate. Their decision included factors such as increasing values, shrinking vacancy rates, and the relative cost of owning versus renting. Simply put, “Philly is a great place to buy a new home.” It’s relieving to see the media finally recognizing that though the nation may be still recovering from the housing slump, there are a number of cities where purchasing still makes financial sense.
