Monthly Archives - April 2016

The Housing Inventory Shortage

Supply Is Not Meeting The Demand In Philadelphia With the start of the busy spring real estate market, the biggest challenge facing buyers is the ongoing lack of available inventory. The shortage has generated a competitive atmosphere for buyers; time is of the essence and bidding wars are common. “It’s a seller’s market. Compared to 2012, the average days-on-market is way down in nearly every zip code, while median prices of properties sold in parts of Fishtown and Kensington, for [...]

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Direct's Most Popular Zip Codes

At the moment Direct’s most popular zip code is 19146 which includes Grays Ferry, Point Breeze and Graduate Hospital, with a whopping 19 properties on the books! We have a six way tie for second place, with seven properties each in the zip codes 19121 (Brewerytown, Temple, North Philly), 19125 (Fishtown, Kensington), 19143 (West Philly), 19119 (Mount Airy), 19102 (Center City) and 19082 (Upper Darby). 19142 and 19122 each have six.

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