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November 2011

There are 5 blog entries for November 2011.

Shop where you live this holiday season

shopping bag/aLiving in Philly has its charms and advantages. One of them is a collection of shopping districts filled with one-of-a-kind specialty stores and boutiques. From Rittenhouse Row to Head House Square, you can find dozens of places offering unique holiday gifts you won't find anywhere else. What's more, if you call Center City home, you can reach them without having to drive. This holiday season, the Center City District is sponsoring a series of "Shopping Saturdays" from Nov. 26 through Dec. 17 focusing on Center City's signature shopping districts. The CCD's Shopping Saturday team will be in a different district each Saturday from noon to 2 p.m., offering hot chocolate, shopping bags and a chance to win a $500…
876 Views, 1 Comments.

Some hopeful signs in latest existing-home sales data

/aWhile the market for real estate in Philadelphia lags the national trend for now, nationwide figures from the National Association of Realtors suggest the housing market is ever so slowly yet definitely turning a corner. While the main attention-grabber in the NAR's Monday report on existing-home sales for October was an unexpected 1.4% rise in sales from September's figure, other data in the release show continued improvement in the overall state of the housing market. Annualized sales of existing homes nationwide in October were 13.5% above the pace at this time last year. In addition, the inventory of homes on the market continues to fall gradually. The 3.33 million existing homes for sale in…
971 Views, 37 Comments.

Turn your roof into a garden paradise and save

So you've found that new home in Philadelphia you've always dreamed of, the one with the huge roof deck with spectacular skyline views, and you want to turn that deck into something really special. Or maybe you already own a piece of Philadelphia real estate with a roof that's about due for repair or replacement. Here's an idea that will add value and beauty to your home, cut your energy bills, and help our urban environment all at the same time: Turn that roof of yours green. Intensive green roof/a Intensive green roof with flowers on a Kater Street townhouse[/caption] Green roofs – roofs planted with low-maintenance grasses or plants that absorb and retain water – are a small but important way to help reduce the burden…
41,033 Views, 217 Comments.

An encouraging trend in the city

/aJust about anyone living in Center City Philadelphia who's been around a while can attest that the heart of the city has changed a lot, and for the better, over the last decade. Where once quiet ruled after 6 p.m., the streets now hum with life well into the night. Those retail stores that survived the dark times now stay open later and reap the benefits. The dining scene continues to feed on its own success, with new restaurants popping up every week, it seems. Homeowners have also benefited as property values rose along with the resident population over the past decade. All these changes have produced an encouraging result: Philadelphia is becoming more attractive to Philadelphians too, relative to its…
1,157 Views, 2 Comments.

Mortgage Market News Roundup, Week of Nov. 4

Home loans/aThe saga of the euro zone bailout resembled an old "Perils of Pauline" movie this week as fear and relief traded places regularly. First, investors worried that the euro zone member nations would be unable to reach a deal to avert a Greek default and stabilize the euro. Then, after a deal was announced to general relief, Greece's prime minister announnced he would put the matter up to a popular vote, sending the markets back into a tizzy. Now, the referendum has been called off and markets are breathing another sigh of relief. The net result, however, was good news for those in the market for real estate in Philadelphia and elsewhere. That's because the turmoil caused investors to pour money into U.S. debt…
1,223 Views, 108 Comments.