275 S 19th St Ph2, Philadelphia PA 19103 - #5938762 | Reid Rosenthal:
One of my favorite condos on the market in Rittenhouse Square. Check it out
Great New Townhome??For Rent in Northern Liberties.??







We have just listed this beautiful 2 bedroom 2 bath plus den in the luxurious and historic, gated neighborhood of Naval Square.?? This unit is in more demand then the new construction currently being offered by Toll Brothers due to its superior views and floorplan.?? Feel free to call us at 215-790-5225 to arrange a showing.??

Beautiful View from The Murano Sales Office.?? 2101 Market Street.?? While out with my client today.??










GREAT NEW LISTING IN RITTENHOUSE SQUARE.??
UNIT 710 AT THE DORCHESTER.
ONE OF THE MOST POPULAR BUILDINGS ON THE SQUARE
$599,000
Parents band together to help a coalition of Center City schools
1706 Rittenhouse Sq 1401, Philadelphia PA 19103 - #5997129 | Reid Rosenthal:
You have to check out this unbelievable condo in Rittenhouse Square.?? 1706 Rittenhouse is one of my favorite buildings in the area.??
The press has done it again ??? with the release of the latest Case Shiller Home Price Index they used data from the worst parts of the country to make a point that housing prices are back to 2000 levels.?? Have you seen the Wall Street Journal article??? If not, here is a link:?? http://online.wsj.com/article/SB10001424052702303657404576357170425058088.html?mod=ITP_pageone_0??
Remember that Philadelphia is NOT included in the Case Shiller composite index that is released to the press.?? In our area, prices are NOT at the 2000 level!??
I???ve completed charts with the same data as those you???ve seen in the news, but these are for OUR market areas ??? please ??note the counties listed in each metro area.?? Yes, prices have come down since their peak in 2007 but you can clearly see that our area???s housing has remained an incredibly sound investment.
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Source:Fiserv, FHFA, Moody’s Analytics 5/09/11
Allentown-Bethlehem-Easton PA-NJ Counties: Warren NJ, Carbon PA, Lehigh PA, Northampton PA

Source:Fiserv, FHFA, Moody’s Analytics?? 5/09/2011
Camden, NJ Metro Division Counties: Burlington NJ, Camden NJ, Gloucester NJ

Source:Fiserv, FHFA, Moody’s Analytics 5/09/11
Ocean City NJ Counties: Cape May NJ

This is a wonderful excerpt from Eckhart Tolle???s The Power of Now.??

I???ve had many clients do the same thing to make more space in there smaller kitchens.??
http://online.wsj.com/article/SB10001424052970203479104577124360560884468.html
???Housing Imperils Job Gains??? ??? what a grim headline!?? Yet the Wall Street Journal pronounces this to be a general fact.?? It???s another example of how the press generalizes real estate markets and bases headlines on areas of the country that are most adversely affected.?? The article explains how ???price slumps??? are keeping workers who want to relocate ???tethered??? to their present homes.?? In other words, those with negative equity in their houses are less apt to relocate to accelerate in their career track.
Yet, when we look more closely at the article, we see this doesn???t apply to our area.?? In fact, of all the locations listed, the Philadelphia metro area is one of the best performers in the country both in Share of Homes with Negative Equity and Unemployment Rate.?? So, when your clients see headlines like this, remember to help them to understand that they don???t necessarily apply to our area.?? Help them convert this information to knowledge that allows them to make better decisions.?? After all, isn???t that why we are here?
I have attached the PDF of the article for your reference.
Larry
Lawrence F Flick IV
Chairman and CEO
Prudential Fox & Roach / The Trident Group
How Long Will Low Mortgage Rates Last?:
I hope they stay low until 2013.?? It seems like these low rates are finally starting to kick in.??

This is awesome.?? We should all live like this.??