Buyers Looking For Philadelphia Condos Choose Delaware Instead

In the market for Philadelphia condos? Try Delaware

Good news abounds for prospective homebuyers looking to move in or near Philadelphia in the coming months. The market is looking more robust than last year, and the purchasing climate is still favorable for buyers. Philadelphia’s Office of the Comptroller reports that monthly Philadelphia home sales are up 18.5% since June 2012. This welcome news signals that people are able to get credit and buy a home, the comptroller’s office added.

What homes for sale in Philadelphia do people want most?

This past June, 1,200 homes sold, especially in neighborhoods like South Philadelphia, Fishtown, Fairmount and Roxborough. Young buyers in their twenties and thirties are drawn to South Philadelphia. The area’s racial diversity, ample parking, fair housing prices, amazing Italian food and sport stadiums makes it a happening place to settle down – especially for people who grew up in the nearby suburbs.

Best of all, short sales and foreclosures are going down, while regular home sales are going up. Demand is high for renovated properties, one Philadelphia real estate agent told NBC News. “So investors are buying properties, fixing them and selling them to an end user. Those are the homes that are selling the fastest,” the agent added.

Now is the time to buy, say experts on Philadelphia condos and homes

Interest rates are still surprisingly low, but there have been talks of raising rates within a year, the comptroller’s office says. So, there is no doubt that it’s a perfect time to buy a new home. Spring and summer are traditionally the busiest times of the year, but one can find fantastic selection and deals once school starts in the fall.

Looking for homes for sale in Philly? Consider Delaware!

Philadelphia real estate is not viewed as one of the hottest spots in the nation to buy, says John McIlwain from the Urban Land Institute. Yet, people continue to browse homes for sale in Philadelphia because of the great museums, restaurants, hotels and history. New Yorkers frequently come over to Philadelphia to get more “house” for the money. However, homebuyers are increasingly turning to Delaware homes and condos for even more value on their real estate purchases.

South Philadelphia dining and entertainment is just 20 minutes down the I-95 from Darley Green homes and condos near Wilmington, Delaware. The master-planned community is just a short walk from the Claymont commuter train, and the DART bus stops on site. Darley Green’s spacious move-in ready homes are only two minutes from I-495 and 15 minutes from the Philadelphia International Airport. Restaurants, shops and recreation are within walking distance as well, so there is never a dull moment when living at Darley Green.

Darley Green Delaware homes and condos impress with up to 2,500 square feet of living space, gourmet kitchens, chandeliers, energy efficient appliances, second floor laundry facilities, and classic exterior styling. There are also add-ons — like bay windows, granite counters, additional loft space, crown molding and oak stairs – that help personalize a home.

Darley Green not only gives homeowners all the advantages of South Philly, but also offers other advantages that South Philly doesn’t have, such as:

  • Lots of wide-open green space
  • No sales tax
  • Low property taxes, and
  • Below-market-value pricing starting in the low $200s

Skip overpriced, undersized Philadelphia condos! Call Community Sales Manager Amy Maluski at 302-655-2600 to view Darley Green condos and homes in Delaware that are just 20 minutes from South Philly.