PHI

Where can we Expect the First Major OZ Activity in Philadelphia?

June 21, 2019 / Comments Off on Where can we Expect the First Major OZ Activity in Philadelphia?

Using the PHI to Identify Investment With all of the buzz about the federal Qualified Opportunity Zone (QOZ) program, we thought it would be interesting to see how various neighborhoods—census tracts, actually, with designated QOZs are behaving from a single-family housing perspective. National research describes a spike in sale prices in houses in QOZ neighborhoods, […]

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neighborhoods

Neighborhoods Outside Center City Remain Steady for Development

March 15, 2019 / Comments Off on Neighborhoods Outside Center City Remain Steady for Development

Many news sources are showing that home construction started to slow down nationally at the end of 2018, with single-family permits dropping by 6.7 percent. With that in mind, we wanted to see how Philadelphia’s construction activity compared year-over-year, and also how it was fairing early on in 2019. Last year, we took some time […]

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PHI Shows Year-Over-Year Increase at End of 2018

January 25, 2019 / Comments Off on PHI Shows Year-Over-Year Increase at End of 2018

While 2018 may have concluded with a slight slowdown in the residential housing market, the PHI shows that predicted value of a single family home rose through the end of the year, reaching $122,998. (Remember that the PHI uses arms-length transactions of single-family homes, adjusts for housing traits and seasonality), and uses hedonic regression analysis […]

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2018 Top 10 Present Value Posts

December 28, 2018 / Comments Off on 2018 Top 10 Present Value Posts

It has been an outstanding year! With the year wrapping up, we wanted to show off the top ten Present Value posts from 2018. With content from industry experts in economics, public policy, design, real estate, and more, we’re sure there’s something to gauge everyone’s interest. What Influences the Spread of Kitchen Incubators Our top […]

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Philadelphia Housing Index Remains Steady

December 14, 2018 / Comments Off on Philadelphia Housing Index Remains Steady

As we near the end of the fourth quarter of the year, the inevitable question arises—“How are we doing compared to last year?” Despite a slowdown in the overall volume of single family home transactions, Philadelphia is still on track to outpace the last decade’s annual sales volumes. As of September, home sales lagged slightly […]

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PHI Shows Increasing Sale Prices Along Lower Waterfront & Pennsport

July 20, 2018 / Comments Off on PHI Shows Increasing Sale Prices Along Lower Waterfront & Pennsport

This month’s PHI update could have a nearly identical headline as this time last year –the index remains relatively flat, though at an all-time high. That remains true for the city overall, with a very slight increase from May to June and a 9 percent year-over-year increase since June 2017. Looking more closely at a […]

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