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: 154 About Matthew: Having grown up in a family who relocated several times before the age of eighteen, the real estate ...
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Before making real estate his craft, James spent 20 years as a theater artist and musician. He moved to Philadelphia in 1998, joining the then fledgling theater company, Pig Iron. He has collaborated with theater and dance companies across America and has toured world-wide from Japan to Peru, Poland to Italy. The quality of his work earned him four Barrymore awards, the prestigious Pew Fellowship and New York’s coveted downtown theater prize, The Obie. James has translated these high standards and attention to detail into his work with real estate, employing collaboration and communication with his clients as well as a feverish curiosity for the field. Whether you are a young Philadelphian taking root in a first home or a family growing into the next, James’ knowledge of the city, the market and the process will make buying or selling a home an empowering experience top to bottom.