As we welcome a spring of new beginnings and potentially new real estate holdings, Philly’s top agents give us a glimpse of the market.
Allan Domb
Allan Domb
allandomb.com
“What is most exciting about this spring/summer’s real estate market is the overall hope and optimism that I am seeing and hearing from people in Philadelphia... We have seen a recent uptick in showings and accepted offers. I attribute that in part to the stabilization of interest rates, as well as the anticipation of lower rates in the near future.”
Julie Welker
Julie Welker
welkerre.com
“The real estate market in our area is looking very strong for sellers. The inventory is low, and many homes are getting multiple offers… Buyers seem to have accepted the higher interest rates and are now ready to buy.”
Anne Koons
Anne Koons
annekoonsrealestate.com
“The local market is still tight with more buyers than inventory available… Depending on the price range, I’m not seeing as many multiple-bid offers as we did the last couple of years, and prices have stabilized in most areas. I also have seen a lot more qualified buyers and a lot more cash offers.”
Paula Hartman
Paula Hartman
hartmanhometeam.com
“It’s a very fast-paced market! Due to a shortage of homes and condos, we are seeing many price wars every week. A buyer needs a very experienced realtor now more than ever in order to win the house.”
Joanne Davidow
Joanne Davidow
joannedavidow.com
“I could not be more optimistic about the Greater Center City market looking at this spring, 2024… It is very exciting to see the buyers excited about moving here! Suddenly, the tide has turned, and Center City is jumpin’. The housing choices are so many and as diversified as the buyers that are seeking to own them.”
Photography by: ELEVATED ANGLES; COURTESY OF REALTORS
