We have been saying it for 3 years now…. it is THE perfect time to buy a packer Park home and it will not always be this easy!!!
The Perfect Storm for Buyers;
1. Rates are so low, you can borrow $220,000 for $988.oo/Month. Real estate taxes in packer park average $2880 annually, that’s $239/month +/- $988 for your mortgage payment + $239/month for your taxes = $1,227 a month. you can barely rent for that amount!!!
2. Inventory is higher than ever before. Remember when we struggled to find a home in Packer Park? inventory has doubled in the area due to the construction of projects like the Reserve, Geary Estates and others… Add the overall economic uncertainty to the equation and the 10+ months of Home Inventory available city-wide and you get a Buyers Market.
3. prices have bottomed. If you’re trying to time the Market, stop it… After several years of declining prices it is evident that prices have stabilized. Economic Indexes that track national Home prices are proof of this stabilization. Now is the time to buy.
Contact us today to buy Packer Park Real Estate !
Jim Onesti, Prudential Fox & Roach Realtors, Mccann Team
We have a new listing in Packer Park on a rarely offered block. The home will be priced at $349,900 and is in excellent condition! some of the amenities include, Rear driveway parking, front patio and garden, Brazilian Cherry Hardwood floors, brand new central air and Heating system, modern kitchen and two tiled bathrooms!! Loacted two blocks form Geary Estates TownHomes…
This listing will not hit the MLS until next week. RSVP in advance, it wont last long!!
As promised, views taken yesterday from the roof decks at Geary Estates. 360 Degree views of the City Skyline, The bridge, The sports Complex and for as far as the eye can see. Invite your friends and family over for the Fireworks Shows!!
The New Developement in Packer Park, Geary Estates, continues to be the most affordable Luxury Homes in Philadelphia. At an asking Price of only $176 per square foot no other developement rivals these beauties when considering the Location, PRIME Packer Park, The ameneities, and the Quality.
These 3 and 4 bedroom homes have it all!! Standard pricing includes; Roof Decks w/ 360 degree city vies, finished basement, Parking, Yards, hardwood floors THROUGHOUT, Granite kitchens, Stainless Steel appliances,Tile baths, and much much more!!
Only two of the ten homes remain, a three bedroom model and a four bedroom model…….HURRY!!!
The Brick Facades at Geary Estates are just one example of the high quality product being delivered by the Developement Team! Other standard features include, Granite Countertops, Roof Decks, Hardwood floors throughout, finished basements, 35+ recessed lights throughout, stainless steel appliances and much much more!!
Follow us on Twitter!! @RealtorPhilly
We have been contacted by a local Pro Athlete who would like to rent a home in the Packer Park area, with Parking, so he can be close to the Sports Complex. If anyone has a home available for rent or knows of someone with a rental available, please contact us ASAP.
McCann Team Market Update
The median list price in PHILADELPHIA, PA this week is $219,000. The 1551 properties have been on the market for an average of 162 days.
Please Click Here for this weeks McCann Team Market Summary Report for updates on what is happening all over Philly!
If you would like to sign up to receive reports about what is happening in Packer Park, or ANY neighborhood please contact Jim Onesti today!
Jim Onesti * 215-440-2052 * firstname.lastname@example.org