Features to Consider When You’re Scouting Philadelphia Condos for Sale

Philadelphia condos for sale listed by leading real estate professionals like Joanne Davidow are sure to have security features for every unit owner’s peace of mind. An article from Investopedia written by Jean Folger enumerates the various security measures usually implemented by condominium developments: Twenty-four-hour security guards, cameras and video surveillance, locked exterior doors, locked access to community facilities, well-lit parking areas, hallways and common areas, and community watch programs are all measures that can be used to help keep the development and its residents safer. Developments may also use perimeter fencing and safe landscaping (clear views on walkways, bushes trimmed below the level of first-story windows, etc.) as additional security measures.

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Start Right: Questions to Ask Yourself Before Buying a Philly Condo

Philadelphia is a popular place to live for entrepreneurs, food lovers, artists, and independent workers, primarily due to the city’s thriving art and culture scene, numerous opportunities, and high quality of life. If you’re planning to invest in one of the best Philadelphia condos from the listings of leading real estate professionals like Joanne Davidow, you should first ask yourself the following questions: / What is your lifestyle like? If you’re living a fast-paced life wherein you may not be the type of person to have time to care for a lawn or deal with routine house repairs, then condo living is your best bet. More often than not, the condo lifestyle is an attractive option for young adults who prefer easy access to urban activities and baby boomers looking to downsize.

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Reasons for Choosing Philadelphia Condos over Single-Family Homes

Convenience and a worry-free lifestyle are among the best attractions of living in a condo. 24-hour security and concierge service, easy maintenance, and proximity to commercial establishments, are comforts that one can only get from living in a condo. Single-family properties are still preferred by traditionalists who like bustling around a home, or who prefer to maintain a more physical distance from the neighbors than what a condo can provide. However, even for the latter, the attractions of living in prime Philadelphia condos may be difficult to match. In particular, condos located in areas like Center City, the major business district of Philadelphia, offer the kind of lifestyle that many dream of. That is, living in a highly cosmopolitan area where one can have a choice from hundreds of nearby restaurants, as well as easy access to art galleries, museums, and some of the best entertainment spots in the city.

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What to Ask Philadelphia Realtors: Financial Talk on Owning a Condo

Do a comprehensive Philadelphia property search before you finalize the deal with your realtor, otherwise you might end up with a deal that bites you back long after you already have the unit. Efficient realtors like Joanne Davidow should help you find the right condominium to suit your needs as well as your financial status.

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Why New Yorkers Choose Philadelphia Luxury Apartments Over New York’s

Despite the picturesque image of the New York real estate market painted above, though, residents are actually leaving for neighboring cities like Philadelphia. Between the lines, it provides an outlook for the future of rentals in Philadelphia, and the roles that skilled Philadelphia realtors will undertake. In fact, tax returns filed with the IRS reflect that over 3,000 New Yorkers have packed up and left the Big Apple for Philly in 2010 alone. Were the numbers to include even those without filed information, the statistic could easily rise to the 4,000s.

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Improved Numbers Give Positive Outlook for Philadelphia Real Estate

It is noteworthy to mention, however, that despite this good outlook by the housing industry, the entire US economy is still not back to its fighting form. Several boroughs in the country are still struggling with rent, and the housing industry can only do so much in dragging the entire economy back into shape. The excitement over the recovery of the market may also drive several others to over-commit and make mistakes in the process. It is thus important to find reliable professionals who know the ins and outs of real estate in Center City, Philadelphia. Professionals like Joanne Davidow can give sellers and buyers a better outlook on the current temperament of the local real estate, and guide them into making the perfect deal.

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Buying Philadelphia Homes for Sale Without Financing: The Bottom Line

Until recently, most home buyers thought financing was the only way to afford Philadelphia homes for sale. However, when the risk of a volatile housing market came to light, cash upfront suddenly seemed like the safer bet. In a recent report, the number of all-cash real estate deals has gone up to nearly half of all real estate transactions made for 2013. As of July 2013, real estate data firm RealtyTrac reported a five-percent increase in all-cash deals compared to 35 percent last month and 31 percent July 2012.

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Why Homes and Condos in Philadelphia Could Have More Foreign Owners

Foreign buyers, though, should expect additional requirements aside from the typical ones. For instance, some banks may require at least $100,000 on a bank account or impose loan limits. Some lenders may also require the buyer’s passport and copies of his visa. Federal law also requires transactions of over $10,000 be duly reported for transparency. While there may be several extra steps for foreigners interested in buying Philadelphia luxury condos, realtors like Joanne Davidow are sure to treat foreign buyers fairly.

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When Condominiums in Philadelphia Depend on Your Neighborhood Choice

The client’s questions on the proximity of their prospective property to the nightlife may sound familiar to the ears of those who have chosen to live a new life in Philadelphia, PA. The city’s multi-layered cultural scene offers various opportunities for people looking to experience a vibe different from the usual. Whether it’s about learning more about Philly’s historical role in the nation’s independence or pursuing a higher education, people will have their reasons for coming in. Picking quality townhouses and condominiums in Philadelphia with help from reputable local realtors, such as Joanne Davidow, should be a good first step for those keen on moving in.

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Luxury Philadelphia condos for sale show rebound, nearing sold-out

There’s already a lot to love about living in Philadelphia, PA. The City of Brotherly Love has a large amount of educational and business opportunities counterbalanced by a powerfully vibrant nightlife. The influx of new residents, especially naturalized Americans looking for work, makes it tougher to snap up one of several quality Philadelphia condos for sale like 10 Rittenhouse. Such a challenge is not insurmountable when you got local agents like Joanne Davidow in your corner. Key to landing a pristine condo for yourself is looking up which agent has the most eyes and ears on the ground and are fully deputized to negotiate a deal. A check of the agent’s credentials will reveal which property listings are up for grabs; if your agent has swanky listings for places in Center City, you may be on to something big.

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To Foodies, the Best Philadelphia Condos for Sale Are in Center City

One of the many reasons why up-and-coming young adults and newly married couples wanting to start a family make a big deal out of beautiful Philadelphia condos for sale is because they recognize how the City of Brotherly Love has morphed into a dynamic megacity joining the ranks the likes of Chicago, Los Angeles, and New York—without having to be as unbelievably expensive as those cities.

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US Government Shutdown Should Not Slow Down Philadelphia Realtors

The article further discussed that some government agencies directly concerned with the industry, such as the Federal Housing Administration, would be able to continue endorsing 15% of the single-family mortgage market, albeit at a much slower rate. Other agencies, such as the Department of Agriculture, were expected to suspend their lending capabilities until the September 30 shutdown was resolved. This meant different things for Philadelphia realtors and their clients.

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Competitive Philadelphia Real Estate Market Offers Quality Housing

The development of new buildings has boosted land value but has also turned away potential tenants. Case in point: Manhattan’s average listing price as of September 25, 2013 is $2.66M while Brooklyn’s September 25 median is $816,000—a $68,000 increase from the September 4 average. Those in search of reasonable housing costs may have to look elsewhere—such as the Philadelphia real estate market, for instance.

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Homes for Sale in Philadelphia are among the Cheapest in the Country

This information can lead us to safely conclude that residing in Philly is a good idea. That being said, now seems to be a good time to check out the Philadelphia homes for sale to see which ones fit in your budget. Aside from the affordable homes, the city also allows you to build your family because of the quality educational institutions available and the growing economy, as well.

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You Need Professional Help When Investing in Condos in Philadelphia

Let's say you're looking at different premier condos in Philadelphia for rent or sale. Do you trust yourself to make a truly informed decision? How much do you really know about the market? The web may generate useful information, but that would still pale in comparison to the knowledge and expertise your real estate agent can provide.

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Tips on Buying Condominiums in Philadelphia for First Time Buyers

Fresh graduates who have made an effort to save up and have stable jobs can contact renowned real estate agents like Joanne Davidow to help them secure well-appointed condominiums in Philadelphia. Whether these condo buyers are looking for condos to buy or rent, real estate agents carry extensive listings with a particular focus on Rittenhouse Square and Center City.

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Philadelphia Condos for Sale: The Housing Market Will Bounce Back

Though high-end properties are also selling, real estate agents like Joanne Davidow state that fewer people are purchasing larger homes priced at more than $500,000. Many buyers are going for more upscale Philadelphia condos for sale, particularly those located in Rittenhouse Square and Center City. These properties appeal to young professionals who value accesibility to places of work and amenities above all else.

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