Friday, December 9, 2011

Momentum continues in Brewerytown

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.

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