The real estate business slows down a bit during the weeks between Thanksgiving, Christmas and New Years, but January 1st hit the market with a bang of new inventory and real estate opportunities. This week alone I have seen five homes that I can't wait to show my clients all across the city, from Passyunk to Fishtown and everywhere in between.
While some home owners wait to list their properties until after the first of the year, other people listed during the holidays. And while those properties might have remained on the market for 30-50 days because most people were buying gifts from Santa rather than homes (although I can't think of a better gift!), these properties are receiving renewed interest. So don't assume a property that has been on the MLS for a few weeks has a problem; it's quite the opposite.
Two of those five properties I have seen this past week have gone under contract, so if you see something you love, make your move, it is still a seller's market. And given the average time of 30-60 days between an offer and settlement, you'll be moving at the start of the spring and can enjoy the warmer weather in your new home.
You don't have to wait for the thaw, the market is booming today!
Author:Matthew Ochs Phone: 267-446-6565 Dated: January 8th 2018 Views: 171 About Matthew: Having grown up in a family who relocated several times before the age of eighteen, the real estate ...
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Benjamin is a South Philadelphia resident and investor with a deep love for the arts, culture, food, and spaces of Philadelphia. He was born and raised in the Philadelphia area, and has lived in the city since he graduated from Swarthmore College. As an agent, Benjamin wields his extensive planning skills and eye for long term investment to simplify the overwhelming process of buying and selling and make sure you’re having fun.
When he’s not working with homeowners and buyers, Benjamin is managing arts and culture organizations. He is the Co-Director of Camp Bonfire, which offers summer camp retreat weekends for adults, and the Artistic Director of Team Sunshine Performance Corporation, a company creating original performance events and theater in Philadelphia.
Philadelphia is an inspiring place to live, and as a city expert, Benjamin can make the journey of buying or selling a home here efficient, pleasurable, and financially beneficial. Owning a home is a huge part of ensuring a solid investment for the future, and Benjamin is dedicated to helping you make the right decision for You.