This Week In Philadelphia…

This week in Philadelphia the median list price is $219,900.

The Market Action Index has been trending down lately, while days on  market is climbing, providing mostly bearish signs for the market.

For this weeks McCann Team Summary CLICK HERE

To sign up to receive weekly updates emailed directly to you please contact
Jim Onesti 215-440-2052 or jonesti@mccannteam.com

 

Advertisements

Philadelphia Homestead Tax Rebate

Did you know that you could save money on your real estate taxes? Upon passage of legislation, the City of Philadelphia will be offering a Homestead Exemption for all homeowners in Philadelphia. A Homestead Exemption means that if you own your home, you can qualify for a reduction of your
home’s reassessment, and therefore reduce your tax bill. There are no age or income restrictions and all homeowners in the city are encouraged to apply. To be eligible, you must own your own home and live in it, and complete the Homestead Exemption application by JULY 31, 2012. In addition to qualifying for a the homestead exemption on your property, you may also qualify for additional programs that can help reduce your real estate taxes. CLICK HERE FOR AN APPLICATION

When you receive your home assessment in the fall, after our comprehensive reassessment has been completed, you will receive notification of whether you have qualified and the amount of the exemption. Qualification is simply based on whether the home is your primary residence—that is, if you own your home and live in it, too. Rental homes or vacation homes do not qualify. Mixed use properties qualify and will benefit from the exclusion for the portion of the property that is the owners’ primary residence. CLICK HERE FOR A BROCHURE

After an application has been approved, you do not need to reapply each year unless the deed to the home changes.

Mail completed applications to the Office of Property Assessment at the address listed on the application by JULY 31, 2012.

Applications received after the deadline for consideration for this year will be considered for tax year 2014.

If you have any questions or concerns or if you are thinking of buying or selling contact
Jim Onesti 215-440-2052 or jonesti@mccannteam.com

Get Ready For The Packer Park Bus Tour!!

Dear Packer Park Home Owners,
We are planning a massive Brokers Bus Tour of homes for sale in the Packer Park neighborhood.  The tour will include many Center City and suburban realtors that are working with buyers who are considering Packer Park as a potential fit for their family to live! Please contact us if you would like to add your home to the list! Below is a preliminary list of homes to be toured. This event is scheduled to take place on between July 25th and July 29th.

Below is a preliminary list of potential homes for
the bus tour:

1918 Geary Street (Geary Estates)  courtesy of Jim Onesti

Prudential Fox & Roach Realtors

3135 Uber Street courtesy of Michael Angelina-

Prudential Fox & Roach Realtors

3129 S. 20th Street courtesy of Michael Angelina-

Prudential Fox & Roach Realtors

3210 Davinci Street courtesy of JMichael Angelina-

Prudential Fox & Roach Realtors

If you are interested in adding your home to the list please contact
Jim Onesti today at 215-440-2052 or jonesti@mccannteam.com