Got money to invest in real estate? Here's the hot sections of Philadelphia that people are searching for on Trulia.com, a web site devoted to real estate. Neighborhoods with large discrepancies between what the average home lists and sells for are noted.
Comments (49)
I have worked in Kensington for the past 7 years. East Kensington is definitely on the rise. West Kensington is another story.— Tony A.- chrisartur It should say Fishtown NOT KENSINGTON . Fishtown is blowing up .— kdubs71
- What is it funny to invest in Philly Ricciaje ? I know people who will retire 15 years earlier than they should because of invest in real estate in philly . People are moving back— kdubs71
- The zip code of the area gives much more accurate real estate sales picture. Naming an area is elusive.— Pugh
- Looks like a lot of people were really scared off by the last housing bubble. I guess it all isnt the banksters fault when it goes bust.— tr88
I have to agree with many posters here that these house values bear no relationship to reality. I live in Roxborough and my place has lost about $20K in value since Nutter was elected and raised r/e taxes during the worst recession since 1929.— The Monk- philly.com is easily the WORST run media site on the internet! I paid $20 last week to start a new subscription and I still can't post a comment under the legal account. So now I just post under The Monk for nothing and I'll cancel my paid subscription - thank you George Norcross.— The Monk
- Before you invest, ask yourself this, do you trust Michael Nutter and City Council to do all they can before they raise your taxes?
- I moved out of #2 eighteen years ago.....smartest thing I ever did....— Bigbirch
- I agree kdubs. It should be listed as Fishtown, not Kensington. Some of the Fishtown revitalization and development is spilling over to far south-eastern Kensington (Olde Kensington) and that is it. I can't imagine a good investment across the street from Needle Park or Fairhill.— barcadefire
- Fishtown and South Kensington are propping up the price of Kensington as a whole.— ConverseB24
- Another example that there should be some sort of minimum test before people post on here. Why do you think that developers keep building residential units? Just for fun? It's because they're selling. I think that some of these folks must be so hateful that they just want to urinate on anything slightly pro-Philadlephia.— StopCorruptionPhilly
- What makes anybody think prices in the Northeast will rebound turning today's cheap properties into profits? Rising crime, lack of industry or jobs, lack of community engagement, strong presence of drug sales and addiction, poor-performing schools, high taxes, etc are strong indicators that home prices will not rebound. A few inflated claims from some fly-by-night real estate website wouldn't be enough to convince even the most daring investor. Unless it's unscrupulous long-time owners selling their homes to Section 8 landlords, there's absolutely zero "investment" in real estate coming to Northeast Philadelphia.— Ino_Karate
- That's NOT Kensington...it's Fishtown!— mom2five
- I love Philadelphia but your investment will be sucked in by city council and come out the other end in DROP payments, pensions for city employees, and benefits. Your tax will be taxed in Philly.— misterpond
Classifieds:
Site Services:
Partners: