Rosenthal Group Blog
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We contribute news, tips, and information on the Philadelphia PA real estate market. Check out our Recently posted or modified blog posts for more information. We, The Reid Rosenthal & The Rosenthal Group are a real estate firm representing the region's finest properties with exceptional skill using the most innovative technologies currently available.
Rosenthal Group Blog
7M ago
Welcome to 1539 Pine - This grand & elegant 4 story, Rittenhouse Square brownstone offers a harmonious blend of old world charm and modern finishes. There are so many reasons to fall in love with this home from its high ceilings, size and scale, parking, large beautiful windows, gorgeous banisters with exposed brick accent that flows gracefully up and down the stairwell to its multiple outdoor spaces and perfect Rittenhouse Square location. You will feel right at home! This home has been completely renovated by the current owners. Updates include new mechanical systems (HVAC, electric, plu ..read more
Rosenthal Group Blog
9M ago
The current state of the Main Line Suburbs' real estate market. This update sheds light on key trends and indicators, offering valuable insights for both local and broader market dynamics..
1. Active listing count hit a low in the Winter Months of 2023 and has been climbing ever since locally and following the National trends.
2. Median Days properties remain on the market stands steadfast at an average of approximately 37 days. This persistence underscores the consistent demand and stability characterizing the region's real estate landscape.
3. Median Listing price ..read more
Rosenthal Group Blog
9M ago
Let's Take a Tour Of The Luxurious 10 Rittenouse Condominiums In Rittenhouse Square, Philadelphia ..read more
Rosenthal Group Blog
11M ago
Homeownership Helps Protect You from Inflation [INFOGRAPHIC]
Some Highlights Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months. Especially when inflation is up, having a stable housing payment can be helpful. Le ..read more
Rosenthal Group Blog
11M ago
The recent collapse of a section of the I-95 highway in Philadelphia has raised concerns about its potential effects on the local economy and, specifically, the residential real estate market. With I-95 being a crucial transportation artery for the region, it is important to examine the potential impact this incident could have on commuters, property values, and overall market dynamics. In this blog post, we will delve into the repercussions of the I-95 collapse and explore how it could affect the residential real estate market in Philadelphia. Disrupted Commutes and Transportation: The closur ..read more
Rosenthal Group Blog
1y ago
The process of buying a home can feel overwhelming, especially in today's dynamic market. In the Philadelphia and Main Line Philadelphia suburbs, where housing inventory is limited, bidding wars and rising home prices have become the norm. If you're feeling uncertain about embarking on this journey alone, fear not. Having a skilled real estate expert by your side is crucial, particularly in these challenging times. According to Bankrate: "Advice and guidance from a professional real estate agent can be invaluable, particularly amid a hot or unpredictable housing market." Here are a few ways in ..read more
Rosenthal Group Blog
1y ago
If you’re a homeowner in Center City, Philadelphia or the Main Line Suburbs thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news: even with higher mortgage rates, buyer traffic is actually picking up speed in these areas. According to the latest ShowingTime Showing Index, which measures buyer activity, there has been a noticeable increase in buyer traffic in the first two months of 2023 (see graph below). This is likely because the limited number of homes for sale kept shoppers looking for homes even during colder months. To put this ..read more
Rosenthal Group Blog
1y ago
If you’re looking to buy or sell a home in the Philadelphia area, it’s important to understand the current state of the market. The Main Line residential real estate market has been thriving in recent years, with home values steadily increasing. In fact, according to a report from Zillow, the median home value in the Main Line area is currently $681,711. Meanwhile, in Center City Philadelphia, the real estate market is also experiencing growth. The median home value in Center City is currently $450,767, according to Zillow. This is a significant increase from just a few years ago, as the deman ..read more