In Part 1 part of my commentary on Kevin Gillen’s Housing Report, I noted that Philadelphia property values cooled in Q1. Nonetheless, Zillow still characterizes the Philadelphia market as hot. It’s a strong seller’s market in Philly right now. In Part 2 I want to focus the most surprising submarket, the Lower Northeast. Property values there appreciated +15% last year. That’s much more than perennially strong submarkets like Center City (+9%) and South Philly (+3%). It’s not quite a flipper’s paradise yet, but with these appreciating property values, the lower Northeast becoming a more attractive place to buy-and-hold. Send your investment criteria to us and we will recommend properties for your consideration.
Where are properties values appreciating the most?
May 06, 2018