Entries by Philly Home Buyers

Philadelphia Real Estate on the Brink of Dramatic Growth

The City of Philadelphia's Planning Commission released a comprehensive plan that includes very optimistic growth statistics. The commission stated that over the next 25 years, Philadelphia could attract 100,000 residents and create more than 40,000 jobs. The hopeful report was based on six different population forecasts with distinct approaches for gathering information. All major local […]

Real Estate Investors – Creating Flyers to Attract Private Lenders

Distributing flyers in your community is another marketing strategy for finding private lenders who are interested in investing in your real estate deal. Post flyers at senior centers and areas where high net worth people attend and traffic. Again, you need to word the content in the flyer as an educational seminar or as an offer […]

Closing Costs – Fees and Expenses Associated With Selling Your Home

When considering selling a home, the savvy homeowner must be aware of the costs associated with such a sale. While these costs can vary depending on the location of the home, many of the costs are universal. First and foremost, if there is a mortgage lien on the home that has not been satisfied, the […]

HPET Preserving Affordable Housing as Competition Intensifies

A typical tenant at the Courtyard at Encanto in central Phoenix is a single mother working as a home health care aide. She makes about 51 percent of area median income in a neighborhood that is undergoing rapid gentrification. Housing Partnership Equity Trust (HPET) purchased the 160-unit Courtyard at Encanto in conjunction with Chicanos por […]

Wisconsin Students Get Hands-On Approach to REIT Investing

Second-year Real Estate MBA students at the University of Wisconsin-Madison are gaining unique hands-on experience in active portfolio management as they manage a $2 million fund invested solely in REITs. The REIT fund is part of the University of Wisconsin Endowment first established in the late 1990s by three prominent alumni. The students are enrolled […]

FTSE Nareit All REITs Index Down 7% in February

REIT returns fell in February as macroeconomic factors continued to dominate investor sentiment. The total returns of the FTSE Nareit All REITs Index fell 7 percent in February, while the S&P 500 fell 3.7 percent. Total returns of the FTSE Nareit All Equity REITs Index fell 7.3 percent in February. The total returns of the […]

How to Sell Your House to an Investor in Philadelphia PA

How to Sell Your House to an Investor in Philadelphia PA In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. […]

Philadelphia Rent Growth Slows Down

The Rent trend data in Philadelphia, Pennsylvania Philadelphia Average Rent As of October 2017, average rent for an apartment in Philadelphia, PA is $1580 which is a 15.38% decrease from last year when the average rent was $1823 , and a 0.44% decrease from last month when the average rent was $1587. One bedroom apartments […]