Archive for January, 2008

Exisitng home sales sees steep decline

Saturday, January 26th, 2008

While it doesn’t mean prices are changing, existing home sales are down over 12% in 2007 from 2006. This article talks specifically about Philadelphia, with people giving the usual lines about how there’s nothing wrong with their city – it’s just a national thing…

Things to think about with real estate investing

Saturday, January 19th, 2008

This article has some interesting things to say about fixer-uppers (rarely worth it) and condos (as bad as coops?).

“Breathing new life into low-end neighborhoods through high-end apartments” is a line from this next article about a new apartment complex in Newark. Since it is 15 minutes by train from Manhattan, Newark already has the location to be a good real estate market…

Finally, this list of lucrative neighborhoods for real estate mentions New York again as well as other big US cities like Boston, Philadelphia, and Atlanta. Interestingly, it mentions specific areas in each city.