It wouldn’t be wrong to call Philadelphia the rising star of US real estate. According to multiple reports, the largest city in the Commonwealth of Pennsylvania is quickly becoming the favored investment destination of home buyers and investors. While there are many reasons for the investment push in Philadelphia, National Realty Investment Advisors, LLC is sharing only the top ones.
Have a look at 5 reasons why you should consider buying a home in Philadelphia:
Promising Job Market
Comast is not the only company that is investing in Philadelphia. Many other projects are in pipeline, and will create more jobs in coming years. In 2014, the city created 8,800 jobs for its population. This growth is luring young graduates and experienced professions to the city, making investment in residential properties more luring.
Philadelphia is committed to rejuvenate neighborhoods and commercial spaces not in line with its grand vision. While local authorities started vast range of plans to accomplish the task, Tax Abatement is one of the most successful. Advantages created by Tax Abatement policy have given push to local real estate market. Read more
Leading Housing Market
According to Zillow, Philadelphia is one of the top housing markets in the US. It is presently in favor of buyers with ample options to choose from. Buying your second home in the region thus certainly makes sense from investment point of view.
Prospects of Rental Income
Yet another report has confirmed that Philadelphia is on the radar of young professionals and families. The demand of modern housing by these newcomers is another reason that makes Philadelphia promising from real estate investment.
Ample investment opportunities
Philadelphia is home to real estate investment companies that have revolutionized home buying. At small investment, you can own an investment home 100% and earn regular rental income without worrying about property maintenance and rent collection. Learn more
Buying a home in Philadelphia can turn out to be best investment decision you take to secure regular income at zero risks. Call 201-210-2727 to learn more about unique real estate investment plan from National Realty Investment Advisors, LLC.