Your Weekly Dose of Real Estate News, Open Houses, Listings and More — by Jeff “City” Block
Philly real estate remains hot.
can’t time the market.
The Inquirer’s superb real estate writer Caitlin McCabe recently called and asked if talk of a potential upcoming recession was slowing the Philly real estate market. The short answer, I responded, is “no.”
Here’s what I said:
“I haven’t noticed any acute response or panic from the market — no one has called me and said, ‘I need to sell right now because of the recession,’ or ‘I need to buy now because of the recession,’” said Jeff “City” Block, a real estate agent at Compass. Then again, he joked, as the old saying goes, the market “has predicted nine of the last five recessions.”
The bottom line is this. Do not try to time the market. Buy when it works for you and your family personally. Sell when it works for you and your family personally. Another recession will come. No one knows when. Not the economists. Not the guy who claims he predicted the last recession. Do what is right for you. Now, I can help you with how to time the sale of your home to meet your personal needs. And how to get your home ready to maximize profit. And how to find the right home to purchase.
On a separate note, for current property owners, the deadline to appeal your 2020 Philly property tax assessment is Monday, October 7, 2019. This is a firm deadline so if you have any questions about your 2020 property taxes, please click here to see your 2020 assessment and here for information on the appeal process. Or contact me to discuss.
It is always my goal to provide as much value as possible to my clients and ATB readers. And just a
quick reminder that I’m humbled by and appreciative of your referrals. If you have a friend or family member that is in need of expert real estate representation, please send them my way. Be assured, I will do my best to exceed their expectations!
Thanks for taking the time to read this issue of Around the Block.
2138 Catharine Street GARAGE PARKING Graduate Neighborhood
3 Bed | 2.5 Bath | Finished Lower Level | 2,400 SF
Pristine, awesome, and spacious home with GARAGE in the heart of the Graduate Neighborhood. 3 bedrooms, Finished Lower Level, 2.5 baths with Garage Parking in rear (lot goes street to street). Large Outdoor Spaces–like an oasis on a hot summer day. Enjoy this high-end renovation with tremendous character and upgrades. High ceilings, exposed beams, and bricks, hardwood floors throughout, large windows for spectacular light. Ideal layout and storage. Custom window treatments throughout, including black-out shades. Fully finished, lower level, ideal for home theater, family room, play-room, and office. Great storage as well.
A most-desirable Graduate neighborhood location. 94 WalkScore and 97 BikeScore. Less than a half block to the cute pocket park- Catharine Park, as well as Ultimo Coffee; easy walk to Sidecar, Heirloom Market, and all the awesome restaurants, amenities, and shopping of South Street’s restaurant row. Only a block walk to the Chester Arthur School. And an easy walk to Rittenhouse Square, Fitler Square, the South Street Bridge, and everything that Philly has to offer.
The following listings areonly found on compass.com. This means they’re not yet listed on the MLS. As a subscriber to “Around the Block,” you’ll always know what properties are coming soon. Interested? Give me a call!
2108 Carpenter Street
4 Bed | 2.5 Bath | Finished Lower Level
1807 Addison Street
2 Bed | 2 Bath | Parking $649,900
2219 S 18th Street
3 Bed | 1 Bath $247,500
1934 Dudley Street
2 Bed | 1.5 Bath
312 S Philip Street
with GARAGE SPACE
3 Bed | 3 Bath | Finished Lower Level
Did you know that Compass’ average list price in our region is $702,000?
Also, we have over $88 Million in exclusive inventory just in our region.
Let’s talk about your home!
Fun Stuff in Philly
Opening Weekend at Fashion District Philly
Be among the first to discover #TheDistrict this weekend. It’s jam-packed with cool interactive experiences, live musical performances, awesome shopping events, fashion shows, pop-up tastings, and more. You can view the full line-up here. Don’t miss “Tailgate at the District” on Sunday (11:00 a.m. – 2:00 p.m.) and don’t forget to wear green. Expect great giveaways and activities for the kids. If you’re looking for food, film, fashion, and fun, this is the place to be.
The 11th Annual South Street Oktoberfest
An all-day street party celebrating German culture (Saturday, 9/21 noon to 8:00 p.m. on the 700 block of South St.) Pay-as-you-go food and drink and festive feels await you. Expect traditional dancers, decorations and dishes. Look for the giant tent in front of Brauhaus Schmitz where you can enjoy 10 German beers on tap. Prost!
Note: VIP tix still available as the Brauhaus Schmitz Oktoberfest continues at the Armory on 23rd Street on October 18th & 19th.
Beanbag Toss for a Cause
Fire up your beanbags. This event is open to all! Join us on Saturday, 9/28 from 12:00 – 4:00 p.m. This fun event benefits Project Home. Our Mission is to help everyone find their place in the world. By partnering with Project Home, we’re working to help homeless and low-income individuals in the Greater Philadelphia Area.
o learn more, and to purchase tickets to raise money for this worthy cause, click here.
This Week’s CBT Featured Listings
2004 Delancey Street
with 2-Car Garage
6 Bed | 5 Bath | 2 Half-Bath
264 S 9th Street
with Garage Parking
OPEN HOUSE: SAT 1:30 – 2:30 p.m.
4 Bed | 2.5 Bath
276 S 23rd Street with Parking Available
OPEN HOUSE: SUN 12:00 – 1:00 p.m.
4 Bed | 3 Bath
2138 Catharine Street with Garage Parking
OPEN HOUSE: SAT 12:30 – 1:30 p.m. JUST REDUCED
3 Bed | 2.5 Bath | Finished Lower Level
304 S Juniper Street
OPEN HOUSE: SAT 12:00 – 1:00 p.m.
3 Bed | 3 Bath | Finished Lower Level
4710 Kingsessing Avenue
OPEN HOUSE: SAT 11:30 – 1:00 p.m.
University City (Cedar Park)
6 Bed | 2.5 Bath
2024 Spruce Street #6
OPEN HOUSE: SUN 1:30 – 2:30 p.m. JUST REDUCED
1 Bed | 1 Bath $460,000
2401 Pennsylvania Avenue #2A2
1 Bed | 1 Bath $250,000
1324 Locust Street #505
Avenue of the Arts
Studio | 1 Bath
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Some imagery in this e-newsletter was sourced via Visit Philadelphia®. Pixabay, Canva.com, and pexels.com
Compass RE is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.