Real Estate Ramblings

I received some junk mail this weekend - big deal right? Well, one piece stood out as a potential sign of where the real estate market is headed - a mortgage refinance offer from Bank of America that included among it's options a mortgage with interest-only payments for the first ten years! I hav...

James Yoakum | Brown McKinney Real Estate | 215-825-2250 1906-8 Monument St., Philadelphia, PA Side-by-Side shells gutted and ready for a quick rehab near Temple University. 4BR/0BA Townhouse offered at $79,800 Year Built 1915 Sq Footage 1,824 Bedrooms 4 Bathrooms 0 full, 0 partial Floors 2 Park...

Installment number four of my Philadelphia market stats shows growing strength in the 2-4 unit segment, where inventory has come down from 24.8 to 16 months in just four weeks. This is being driven by an increasing sales pace that is likely to be both seasonal and tax-credit driven - many buyers ...

The free tour of homes on the market in Roxborough & Manayunk, specifically for first-time buyers is this Saturday, March 6th, and we still have room for a few more people. If interested give me a call or email at 267-496-7739 or jyoakum@brownmckinney.com. For more info see my earlier blog post @...

Due to the fourth big snowstorm of the season I'm a few days off track and didn't get these stats up last Thursday. However, I compiled them and snowstorm now they're ready for your review. The next installment will be coming out this Thursday, the 4th, at which point we'll have four consecutive ...

Most of the political buzz that you hear around Philadelphia's 10 year tax abatement program calls for it to be scaled back or ended altogether. The program, which locks property taxes at their pre-construction/renovation levels for 10 years for residential properties that are newly-built or subs...

See below for my second installment of Philadelphia Real Estate Investment Market statistics. While two weeks of data is certainly not enough to start analyzing trends, there are a few interesting observations to be made in these numbers. First it's clear from the variation from week 1 to week 2 ...

I've always been a big fan of using statistics and numbers to guide my decision making when it comes to real estate investing. Unfortunately the numbers I'd like to have aren't always available so I've decided to start tracking some of them myself. After digging through a bit of data I've come up...

Buying your first home can be a daunting experience for anyone, and it's often hard to get trustworthy advice on how best to approach the process. For that reason Brown McKinney Real Estate is pioneering a new, low-pressure way for first-time buyers to get started on the road to home-ownership - ...

If you follow my blog, or any other real estate or business related blog for that matter, you probably have picked up on the fact that everyone is waiting to see when job creation will return to the economy. Well at least in Philadelphia it seems like we're already headed in the right direction. ...