Reid Rosenthal's (rittenhouserealtor) Blog

According to the Prudential Fox & Roach HomExpert Market Report, the 12-county Greater Philadelphia Region median sale price decreased 1.7 percent to $230,000 in second quarter of 2008 compared to $234,000 in second quarter of 2007. The median home sale price in first quarter 2008 was $215,000.  ...

  DEVON, PA – August 7, 2008 – The Greater Philadelphia region* saw a 2.3 percent decrease in June real estate activity moving to an index of 66.81 from the upwardly revised May index of 68.37, according to The Prudential Fox & Roach, REALTORS® HomExpert Pending Home Sales Index©. June’s decrease...

Unisys Corp. is relocating its corporate headquarters to Center City Philadelphia, having secured a lease on 90,000 square feet at Two Liberty Place. Unisys, an information technology service provider, had been evaluating its options for more than a year, deciding ultimately to move 225 of its c...

Condo market expected to be stable By ALAN J. HEAVENS The Philadelphia Inquirer   PHILADELPHIA --  Here's something almost everyone knew before today, but let's make it official: The majority of condo buyers are looking not just for a home, but for a lifestyle.   It's not that lifestyle doesn't ...

ARTICLE WAS ENTITLED " BEST PLACES TO BUY A HOME"   Coast-to-Coast Sweet Spots Philadelphia landed at No. 4, with homes appreciating by 9.1% in the last two years and vacancy rates staying low at 1.9%. This university town, which plays host to the University of Pennsylvania, certainly has its cha...

72% of Homebuyers and Sellers Say "It's a Good Time to Buy" in the Greater Philadelphia Market, According to a Prudential Fox & Roach, REALTORS® Survey Recognizing National Homeownership Month   Other findings include: Nearly 50 percent believe that the Greater Philadelphia real estate market is ...