A report by the Metropolitan Philadelphia Policy Center identifies key factors that impact the real estate market in the region.
"Choices: A Report on the State of the Regions Housing Market, makes the case that metropolitan Philadelphia needs to rethink and rebuild its housing market. That market offers a good news/bad news scenario. The good news is that the metropolitan Philadelphia area is an affordable place to buy a home. The bad news is multifaceted: the region is building new homes distant from our core communities at an increasing rate during a time of slow population growth; homes in the region arent appreciating as they are around the country; and, homes for modest income homebuyers are concentrated in areas that lack access to the regions better school districts and job growth centers." [Complete 57-page report in PDF format, 2.0 MB]
Thanks to Abhijeet Chavan
FULL STORY: Choices: A Report on the State of the Region's Housing Market
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