May Newsletter

Events and Fun Activities

The Southeast Asian Market is back! Starting May 4th, visit FDR park on Saturdays to explore the market. Enjoy food and other goods from Lao, Khmer, Thai, Vietnamese, and Indonesian vendors.
Read More Here

May is festival season!  On May 18th and 19th, head to the Italian Market Festival on South 9th Street. Over 100 area vendors will offer food, drinks, music, jewelry, and crafts.

Read More Here

Try a free workshop at Cherry Street Pier. In May, resident artists will host free workshops on Fridays, Saturdays, and Sundays. The first weekend of interactive workshops focuses on “Instant Film Basics.”

Read More Here

More of Philly’s May Events
Philly Real Estate

Rates Increase Again and at a Key Moment for the Housing Market

The 30-year fixed-rate mortgage increased for the fifth consecutive week as we enter the heart of Spring Homebuying Season. On average, more than one-third of home sales for the entire year occur between March and June. With two months left of this historically busy period, potential homebuyers will likely not see relief from rising rates anytime soon. However, many seem to have acclimated to these higher rates, as demonstrated by the recently released pending home sales data coming in at the highest level in a year.

Check out Freddie Mac’s interactive chart and full analysis here

 

News To You!

Want to teach in Philadelphia? This new hub aims to make it easier to find jobs or learn how to become a teacher.

TeachPHL.org is the work of the Philadelphia Citywide Talent Coalition, a working group convened by the education nonprofit Elevate 215
 Read More Here

Tun Tavern, birthplace of the Marines, to be reconstructed in Old City

A legendary tavern and brewery that was a cornerstone of Philadelphia’s colonial era will be recreated near its historic location in Old City, with construction set to begin in November.

Read More Here

COMMERCIAL & INVESTMENT LISTINGS
5612 Haverford Ave.

$250,000
331 N 64th St
$339,000
Fully leased corner mixed-used property in high traffic location.
120+ ft. of frontage
Recently rehab and fully leased triplex with rent increase potential.
Great for investor or owner occupant
424 N 64th St.
$339,000
Spacious triplex with 3 bi-level 2 bedroom units, a parking spot and huge garage
Great opportunity for an investor or owner occupant
COMING SOON
240 Race St. Unit C
Philadelphia, PA 19146
$1,250,000
This luxurious townhome is a true showstopper with a kitchen designed by Siematic, spa-like bathrooms, walls of windows and luxury finishes throughout. There are 2 outside spaces to enjoy and attached Garage Parking!  For anyone commuting, it’s conveniently located close to I95 & the Ben Franklin Bridge.
The new owner will benefit from the remaining tax abatement.
Find out more when it goes live later this month.
310 Catharine St. Unit F
Philadelphia, PA 19146
 If you’re looking to make Queen Village your home, you won’t want to miss this unique 2 bedroom condo with loads of windows, a wood-burning fireplace and a Tuscan-like 20′ x 8′ covered deck… and PARKING!
Keep your eyes out for the full listing in the next few weeks.
UNDER CONTRACT
2238 Fitzwater St.
Philadelphia, PA 19146
With the right preparation and marketing, this home went under contract for over asking in just a few days. We had multiple offers, which means there are more buyers out there waiting to buy a home in Graduate Hospital.

If you’re thinking of selling please contact us so we can help you take advantage of the current market and maximize your home’s value. We will get your home in front of more buyers and sold quickly.

Contact us to help you sell your home too!
BUYERS’ WISHLIST
We have several qualified buyers who are looking for the right home!
South Philly – Pennsport/Whitman
2+ Bedrooms, basement finished or able to be finished. $250,000.
Fishtown/ Port Richmond 
3 bedroom home – Up to $300,000.
Queen Village, Passyunk, Graduate Hospital, Art Museum Areas 
5 bedroom Home Must have: 1st floor bath or 1/2 bath. character – Up to $1mi
Germantown 
2 – 3 Bedroom Home Must Have: outside space.
Inventory is still low and if you’re thinking of selling, buying or investing contact us for more information!
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Direct: ‪(267) 841-7677‬ | Office: (215) 627-3500

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