Soaring home prices in Greater Philadelphia are still within the median buying power of local residents. Lisa Ciccotelli of Berkshire Hathaway adds, “It’s true that higher rates and inflation affect buyer affordability and demand. We have already seen the slow-down of accelerating home values in the city, and we are learning home values are expected […]
Best Time to Buy a House in 2024
Seasonal Trends As the saying goes, “timing is everything,” and when it comes to real estate, the time of year can significantly impact your home-buying experience. According to real estate experts, the spring and summer months tend to be more favorable for buyers. The warmer weather often brings an increase in housing inventory, providing a […]
The average Philly renter could afford to buy up to 1,500 square feet with their rent
“For the price you’re paying to rent your Philadelphia home, you could own one,” says Lisa Ciccotelli of Berkshire Hathaway. A real estate search portal looked at how much space the average rent could buy in the country’s 100 largest cities. In three-fifths of them, the average rent could purchase much less than 1,000 square […]
