New This Week…

The median list price in 19123 this week is $239,900.
The Market Action Index has been trending down lately, while inventory and days-on-market are climbing.
The trends imply a weakening market.

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For this weeks summary report CLICK HERE!

For this weeks market update report CLICK HERE!

For more information or to have updates sent directly to your inbox please contact
Jim Onesti. 215.440.2052 jonesti@mccannteam.com

All SOLD OUT and Settled!!

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All SOLD OUT and all Settled!!

Jim Onesti of the McCann Team at Prudential Fox & Roach Realtors pre-sells all 5 of the luxury townhomes at 1004-1012 N. Orkney in Northern liberties!

Sale prices ranged from $539k to $629k. All 5 homes sold prior to construction being completed! So fast that ee didn’t even have a chance to stage a model unit!!

Our marketing plan is a proven system that gets fast results!! All 5 homes have sold and settled!

Phase two of the project is 973-75 N. 5th Street. The foundations have just been completed! Estimated delivery date is January 2014.

One of the two units is Pre-Sold! One home remains, but act fast!!

Contact Jim Onesti. 215.440.2052 or jonesti@mccannteam.com

1536 E Palmer Street is now 100% complete! New Construction in Fishtown with parking,roof deck sand rear deck!! Luxury amenities!!

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Philadelphia Homestead Tax Rebate

Did you know that you could save money on your real estate taxes? Upon passage of legislation, the City of Philadelphia will be offering a Homestead Exemption for all homeowners in Philadelphia. A Homestead Exemption means that if you own your home, you can qualify for a reduction of your
home’s reassessment, and therefore reduce your tax bill. There are no age or income restrictions and all homeowners in the city are encouraged to apply. To be eligible, you must own your own home and live in it, and complete the Homestead Exemption application by JULY 31, 2012. In addition to qualifying for a the homestead exemption on your property, you may also qualify for additional programs that can help reduce your real estate taxes. CLICK HERE TO DOWNLOAD AN APPLICATION

When you receive your home assessment in the fall, after our comprehensive reassessment has been completed, you will receive notification of whether you have qualified and the amount of the exemption. Qualification is simply based on whether the home is your primary residence—that is, if you own your home and live in it, too. Rental homes or vacation homes do not qualify. Mixed use properties qualify and will benefit from the exclusion for the portion of the property that is the owners’ primary residence. CLICK HERE FOR A BROCHURE

After an application has been approved, you do not need to reapply each year unless the deed to the home changes.

Mail completed applications to the Office of Property Assessment at the address listed on the application by JULY 31, 2012.

Applications received after the deadline for consideration for this year will be considered for tax year 2014.

For more information or if you are thinking of buying or selling contact
Jim Onesti 215-440-2052 or jonesti@mccannteam.com