If you are a regular PUL reader, you've probably seen a few posts/articles from me in the past about Brewerytown.
Well, here's another.
So, what makes an area a good place to buy/sell real estate? In my own professional opinion, there are a few things to look at first:
- Demand - Is this an area that people want to move to? If so, why?
- Appreciation - Is the supply/demand ratio high or low? Days on market (DOM) is a good indicator.
- Residential/Commercial - Which one is moving the neighborhood forward, and why?
- Location, location, location - Obviously.
This list could go on and on, but these are a few great things to look for when researching neighborhoods. Brewerytown is just starting to appear on Philadelphians' radars, so be on the lookout for more news from me.