Newsletter Volume 9, Issue 4
Properties At A Glance
Hello From Vince
Real Estate Market - Still Doing Well
There were many "experts" that went on record, published articles late in 2018 and early 2019 predicting the real estate market would take a significant step back this year, based on what we have seen in the first quarter of 2019, that does not appear to have materialized.
While results for the first quarter of 2019 are not as strong as our record setting year in 2018, they still have been very good and compare favorably to prior years. In addition to properties sold and under contract, we still are seeing strong numbers for our showings and favorable feedback from potential buyers regarding the quality of our houses. Let’s take a look at the number of houses under contract in April, over the past three years:
Properties currently under contract:
April 2017 = 15
April 2018 = 35
April 2019 = 22
Again, our results and the market in general in 2018 were ‘off the charts’ we are still off to a very good start in 2019 and we, as well as our business partners (Banks and Realtors) expect to see a consistent level of sales activity through the remainder of this year and into early 2020.
We are still early in the spring market and expect to finish construction and get another 12-15 houses on the market in the next 30 days.
Founder & CEO
Featured project: 1728 N. Lambert Street
2,350 sq. ft. new construction home with approved 10-year tax abatement. Built by V2 Properties, Philadelphia’s Premier Home Builder. Some spectacular features include a rooftop deck with wet bar on the landing, rear yard, granite kitchen, hardwood floors throughout, great technology and more. Wide trim package through home, elegantly tiled baths, a full 3rd floor master suite spacious closets, and private spa-inspired bathroom. This home also has a finished lower level with tile flooring perfect for a 4th bedroom or 2nd living room. The front facade is brick with a designer standing seam metal sided accent panels and iron railing. The exquisite kitchen which has beautiful cabinets, granite counters, granite island with pendant lighting above, a tile backsplash and quality stainless steel appliances! All of the bathroom vanity counter-tops are granite or quartz. The master bedroom includes a trey ceiling with crown molding illuminated with accent lighting. Tech includes: built in speakers, video doorbell, nest thermostat, alarm system, and full home automation compatibility. Top quality new construction home at a very reasonable price, built by the city's premier home builder! Super low taxes. Also, Builder warranty included by a builder with proven reputation of standing behind their warranty!!
Where Are Our Projects
0In the Pipeline
1Phase 1 - Foundation & Framing
2Phase 2 - Mechanicals & Insulation
3Phase 3 - Final Finishes
4On the Market
On The Market
In The Pipeline