Rent or Buy a Home in Philadelphia - Things to Consider
By Vincent Foster Saturday, August 13, 2022
Many Philadelphians, like many Americans, aspire to own a home of their own. As a homeowner, you'll be able to establish a home base and develop equity in a place that's all yours—and it's likely to be one of the most significant investments of your life. Howeve...
Rental Price Update: Are Rentals Rates and Real Estate Prices "Crashing"?
By Mike Lautensack Friday, August 12, 2022
Please see our latest blog post and video where I discuss rental prices and real estate prices and if they are about to "Crash". You will be surprised that rental prices are still rising at double digit rate and real estate may be rolling over but not declining. &...
By Del Val Realty & Property Management Thursday, July 28, 2022
Did you know that 30% of water used by households goes toward irrigation and washing vehicles? Learning how to reduce the use of local water utilities can help minimize pollution and save money on the bill. And we all know that saving money on utilities can be significa...
Pros and Cons for Landlords Letting Fully-Furnished Apartments
By Jennifer Dawson Friday, July 15, 2022
Letting a fully furnished apartment can fetch you between 40% and 50% for short-term rentals, and 15% to 20% more for long-term ones. Both long- and short-term tenants generally prefer homes that contain all they need to live comfortably, including sofas, beds, dining tables and ...
What Renovations Can I Do If My Home Is Part Of An HOA?
By Jennifer Dawson Sunday, July 3, 2022
What Renovations Can I Do If My Home Is Part Of An HOA?Owning a property that’s part of an HOA is beneficial as they typically have a value that’s 5 to 6% higher than a non-HOA home, according to a study from George Mason University. Home renovations are popular becau...
Landlords: Tips for Managing Rent Increase in 2022
By Anna Griffin Saturday, June 25, 2022
Rental prices are increasing rapidly across the U.S., and it’s putting landlords and tenants in a very difficult position. Our Rental Price Update reflects that rental rates have gone up by 16.7% nationally, putting the median rent price at $1,827. In ...
2022 sure hasn’t been boring. Inflation rates are at 8.6%. How does this affect housing? If you guessed mortgage rates than you would be correct. The pandemic spoiled us with low interest rates. Really low. 2.75% low (for a 30-year mortgage). Today&...
Protecting Your Properties Through Eco-UpscalingPhiladelphia’s location within the Delaware Valley puts it at significant risk of environmental disaster. Indeed, as Wharton outlines, flooding remains the greatest environmental risk posed to properties across the city - and ...