I get this question a lot; is it a buyers market or a sellers market? The truth of the matter is, there is no badtime to buy good real estate. While yes the pendulum does swing in favor
The Best Places For Empty Nestors To Buy A Home
There’s no denying Philly’s housing boom over the last several years. Although the 2015 stats won’t be available until next year, the 2014 stats placed Philadelphia 12th on the list of cities with the highest volume of inbound moves according to a report in the Philadelphia Business Journal. Meaning more folks have been moving into Philadelphia than moving out. Among the top groups swelling the city’s population are empty nesters.
This may be shocking considering we’ve been conditioned to believe the trend is of empty nesters moving to the burbs where everything is quiet and safe. On the contrary empty nesters are flocking to the city to experience the growing culture, entertainment and restaurants that Philadelphia has to offer. Not to mention the the low maintenance and walk ability of the city. However, with the ever growing landscape of Philadelphia including the continuous expansion of Center City, the new silver haired urbanites may find the options overwhelming. To take the stress out of finding the perfect neighborhood we put together a small guide of the The Best Places for Empty Nesters to Buy a Home in Philly.
Image via TFAPhilly.com
For years it seems that Graduate Hospital has always been one of those up-and-coming neighborhoods. While many in the city were fixated on neighborhoods such as Fishtown and Northern Liberties, Graduate Hospital arrived. Empty Nesters will appreciate the laid back professional ambiance Graduate Hospital offers as well as its walkability, great dining options and proximity to Center City.
Image via DoubleTree3.Hilton.jpg
Philadelphia is home to world renowned museums including the Philadelphia Museum of Art, The Barnes Foundation and The Franklin Institute. So for empty nesters who appreciate fine art, exhibits or scientific adventures, The Art Museum area is the place to be. With tons of culture and history in your backdoor who wouldn’t want to live and explore in this great location.
Location is what makes this area so great. About halfway between City and the Heart of Old City, Washington Square and its progressive perimeter dubbed Washington Square West is vibrant area with a nice mixture of high rise condos as well as traditional row homes. This section of Philly is filled with great shops and entertainment such as the iconic Walnut Street Theatre, which makes it perfect for hosting visiting family and friends.
Image via City-Data.com
What seems like the cool backyard neighborhood to Rittenhouse Square, Fitler Square is like bring the burb living to Philly. Tucked away along the Schuylkill River, the tree lined streets make this area seem like a real life postcard. Great for those looking for city life without being immersed in the hustle and bustle while at home. Great amenities include running trails. fine dining and close proximity to the upscale shops along Walnut Street.
Image via OldCityDistrict.org
If you’re going to live in the birthplace of America why not live in the heart of history? Think how cool would it be to brag to your friends and the children who have flown the coup how close you live to the Liberty Bell and other historical landmarks? Old City offers plenty of residential options for empty nesters to settle in and many are within a stones throw of some of the most visited monuments in the nation. Aside from the abundance of historical richness, Old City also offers some of the best dining and nightlife options for those empty-nestors that enjoy cutting a little rug from time to time.
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