Philadelphia is one of the most iconic cities in the US. It is home to a vast array of historical and cultural elements and is the fifth most populous city in the country. The Declaration of Independence and Constitution were signed in Pennsylvania’s largest city, and it’s still home to the Liberty Bell. But it’s not just the history and culture that makes the Philadelphia appealing; it also has a thriving real estate sector.
In 2016, house prices were 38% higher than they were in 2010. Since the recession, it’s also thrived in terms of home sales. This is in part due to the fact that, despite the rise in prices, Philly homes are some of the most affordable in the country. There are plenty of investment opportunities in Philadelphia, and indeed in the whole Delaware Valley Region. This guide will help you navigate the basics and demonstrate why you should consider investing in Philadelphia real estate.
This article has minor edits from the Property TV team. It was originally published on digonline.org.