premium to buy: Philly – One of Top 10 Cities to BUY NOW!
- 09/13/10 04:06 AM
Philadelphia was named one of the top 10 cities where it is a good time to buy now according to Forbes.com. For people who currently rent in Philadelphia, the premium to buy is much smaller than usual. Check out these stats from Forbes: Metropolitan Statistical Area: Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md. Premium to Buy, 15-year Average: 28.4%Premium to Buy, Q3 2009: 18.7%Five-year Home Price Index Forecast: 13.85%Median Rent: $957Median Home Price: $227,500Blended Mortgage Rate: 5.33% This is brought to you by Philadelphia Real Estate Blog To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com
;)
;)
;)
