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Main Line-Area Realtors® at Sage Realty Announce a Rise in Homeownership and People Relocating to Philadelphia

Relocating to PhiladelphiaOctober 23, 2017 – Philadelphia, PA – Homeownership numbers for the second quarter of 2017 have been announced, and they indicate that home ownership is definitely on the rise across the nation.  According to the U.S. Census Bureau’s report on Residential Vacancies and Homeownership for Q2 2017, the home ownership rate increased .1% quarter to quarter, and from 62.9 % to 63.7% year over year.

Local Main Line Realtors® at Sage Realty have also noted a rise in interest in relocating to Philadelphia. The Philadelphia area population, according the latest census information, has increased 2.7% from 2010 to 2016, which is no surprise as Philadelphia has recently found itself in the US News and World Reports’ Top 100 Places to Retire in the USA. First quarter homeownership rates for the Philadelphia area rose from 65.5% in 2016 to 67.5% in 2017.

Combined, this data suggests the housing market is taking on momentum.  The Fannie Mae Home Purchase Sentiment Index increased 2.1 in June, to 88.3. Overall, the American public is once again feeling positive about home ownership and buyers feel confident in their ability to secure financing.

Sage Realty has seen the results of this confidence in their work providing home-buying and home-selling services in the Main Line Philadelphia area.  Over the past few years an increasing number of people have been relocating to Philadelphia, shown in the increases in both home ownership and home rental rates.  The most recent census data indicates that from 2009 to 2013, nearly 46,000 people have relocated to the Philadelphia area from other metro areas, with almost 27,000 coming from NY-Newark-Jersey City metro areas. With Philadelphia supposedly in the running for the new Amazon headquarters, expectations are high for huge numbers of workers seeking to relocate to Philadelphia.

About Sage Realty, LLC

Sage Realty has provided quality real estate services to the Main Line Philadelphia area for many years and has comprehensive knowledge of the area and the local real estate market.  Sage Realty’s agents have helped many homebuyers who were relocating to Philadelphia and those who were simply seeking their next home. The team focuses entirely on achieving the best outcomes for Sage clients, without any conflicts of interest, and has earned a reputation for solid reliability, trustworthiness and results.

For more information or press inquiries, contact 610-687-4000 or visit https://www.findahomeinpa.com/.

 

 

Featured Testimonial

I moved to PA from Washington State and learned that realty is local. There were things that I thought I knew about buying a house previously but boy was I wrong. Linda was very patient with me but also did not hold back when she saw potential problems, and always made sure I had all the information I needed before making a decision and didn’t belittle concerns to just get a sale. Above all else, and this was the most important thing to me, Linda has a high ethical standard, is very transparent in her approach and is someone I trusted making one of the biggest decisions of my life. – A. Lindsay (Courtesy of Google)

 

Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.