Domb on Real Estate

Wednesday, October 14, 2009

Sunny outlook for Center City housing market

According to the Center City District's annual residential market report, trends are favoring downtown housing and residents are confident about the future of Center City. The free report can be dowloaded from the Center City District's website and is worth the read.

The report clearly indicates that housing--condominiums and townhomes alike--in prime locations such as Rittenhouse Square, Washington Square and Society Hill, have fared better than those in peripheral locations. The three most important factors over the last 1,000+ years of real estate still hold true today...LOCATION, LOCATION, LOCATION.

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