Your Center City Real Estate Specialists...We Know Downtown Philadelphia!
By providing specialized information to those looking for Center City real estate, and through our many years of combined experience, we are completely confident we will be able to locate the perfect condo or home for you. Give us a call today!
Mark Wade - Owner/Team Leader
Philadelphia Inquirer - Volatility has homebuyers doubting their next steps
"Lifestyle changes like Webb's are a major motivator of sellers right now", said Mark Wade, of Prudential Fox and Roach Real Estate in Philadelphia. [Read More...]
Seven Styles - How to Design Your Real Estate Career of Success and Significance by Bruce Gardner (Copyright 2010 by Mastery Inc.)
"Philadelphia is the stepchild to NY and DC so as a result we never really saw that explosion of value and as a result we have not seen the precipitate falls in value."
July 2011: Pricing a Home to Sell in Today's Market - "Condition, condition, condition: That's most important in pricing a house today" [Read More...]
July 2004: "You could have your next Old City, Hip, chic and filled with great new shops and residences. Only in the past year have we gotten specific requests for condos on Chestnut Street, west of Broad"
January 2007: "There has been much improvement this week alone, which I believe is the result of pent-up demand from buyers who stayed out of the market in 2006"
December 2007: Locally, real estate blogs are emerging, but none has gained a national readership like Curbed.com. Realtor/condo developer Allan Domb launched a blog over the summer "to promote Center City living," he said. Realtor/mortgage broker Fred Glick has a blog , as does Realtor Mark Wade (http://blog.centercitycondos.com/).
January 2008: Veteran Philadelphia Realtor and flipper Mark Wade says that while the shows have some educational value, they make things appear easier than they are in real life.
Philadelphia Business Journal
February 2008: "I've had an 11-day run selling a condo a day beginning the day after the Super Bowl."
The Pennsylvania Realtor
March 2008: "I try to throw in some humor and honesty (in my blogs). I want to demonstrate a level of honesty and establish credibility with consumers."
US Airways Magazine
July 2008: "Philadelphia has always been the tortoise in the story of the tortoise and the hare...It's always been a slow and steady climb in value"
Philly Style Magazine
July 2008: "It (my blog) kind of makes my job easier because the information is out there and buyers and sellers can kind of preview it before they make a move."
August 2008: "At the low-rise end of the condo market, there isn't much evidence of sales incentives right now. Give it another few months at the sign of the first frost, and I think we will be seeing a lot more incentives from developers."
August 2008: "I am currently involved with one specific deal where the appraiser has insisted on making three return trips to the condo being financed and is still contending that the mirror touch-up paint and tile work be completed before he gives the bank the OK for the bank to release or sign off on the loan."
Real Estate-A Supplement to The Jewish Exponent
October 2008: "In an up-rising market, everyone has an idea, but not all of those will happen, and it has to do with the banks. If a project doesn't hit its presale target, it's dead in the water until the next business cycle."
In Your Prime
May 2009: "Mark Wade, the owner of the Philadelphia Real Estate firm Center City Condos, believes that a perfect storm has taken shape in the City where 55+ home buyers are concerned."
June 2009: "The One-bedrooms almost all sold, and sold well, while disproportionately, the larger, more expensive units have sat on the market."
June 2009: "First-time buyers aren't burdened with selling their last home to buy a new condo. The move-up market is contingent on prior sales so it's more stagnant"
Philadelphia Inquirer - July 12, 2009 - Murano Auction Fails to Spark Condo Market
Philadelphia Inquirer – August 27, 2009 – New Home Sales in July up Nearly 10%
Philadelphia Inquirer – September 13, 2009 – Condo Sellout a Chinatown Success Story
Philadelphia Inquirer – November 1, 2009 – The Word on Condos: Ambiguous
Philadelphia Inquirer - December 20, 2009 - Old City Projects Find Success with Renters
Philadelphia Inquirer - March 7, 2010 - An Urban Makeover
Philadelphia Inquirer - May 3, 2010 - City Living at Sky-High Prices
Philadelphia Inquirer - June 20, 2010 - How to Sell house, Post Tax Credits
April 20, 2010: "At the price point where some of these units may eventually sell, it is hard to highlight any negatives . . . in terms of locale, views, or the fact that the property had problems selling when first offered to the general public," Wade said. "It is not too amazing what a drastic reduction in sale price can overcome."
July 4, 2010 "Uncertainty, of their future, of their job, of their relationships" - that is the reason he hears most often from wary buyers, said Center City Realtor Mark Wade. "I recently had a young surgeon as a buyer who was more afraid of the paperwork than he was of cutting someone open and performing surgery."
Philadelphia Inquirer - On the Aria Condos Philadelphia - July 12, 2010 "[The] price adjustment has been in line with what today's market has suggested and puts the building in a new light as far as attractiveness and salability are concerned."
Sunday Business Section - Philadelphia Inquirer
Nov. 14, 2010: "It is said that anyone who has the money to buy a home in July or September, also has the money to be at the Shore"
Philadelphia Inquirer - March 11, 2011 - Insurance for a House that is Unoccupied
Philadelphia Business Journal - May 6, 2011 - Condo Scene is off the Bottom
Inman News - September 7, 2011 - 'Eds' and 'meds' Soothe Real Estate Pains in Philadelphia
Philadelphia Inquirer - January 6, 2012 - Home Economics: Condo vs. single-family home: What's right for you?
A graduate of Bowling Green School of Business in Northwestern Ohio, Mark began selling in Philadelphia (Society Hill real estate and other Center City areas) in 1989 and has been in love with it ever since. He still resides in a low rise, four unit condominium building in Old City and loves the area!
Email Mark Wade at email@example.com anytime for help with your real estate needs.
Jim Thornton - Seller Representative Specialist-Owner/Team Leader
Randy Dobin - Buyer & Seller Representative Specialist
Matthew Tavaglione - Buyer & Seller Representative Specialist
Kathy Rush - Buyer Representative Specialist
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Jared Carrell - Buyer & Seller Representative Specialist
Patrick Ellis - Buyer Representative Specialist
Nicole Nimchuk - Licensed Office Assistant & Buyer Representative
Roe Durkin - Buyer Representative Specialist
Zach Skidmore - Buyer & Seller Representative
During the late 1980s, Mark fell in love with the Philadelphia real estate market. The first condo he
bought for himself was in Old City. Working with bank foreclosures on multi-unit buildings, Mark began
to carve his niche as a condominium specialist. Since that time, Mark has progressed into helping
developers turn apartment buildings into condominium buildings.
Having been inside countless condos in the Center City real estate area, Mark is intimately familiar with the available properties. Mark prides himself and impresses others of his vast knowledge of what's trendy and knows which finishes buyers look for when selecting a home.... so much so that he's been seen on HGTV's What You Get For The Money, CN-8's Money Matters and was the 2005 winner of Philadelphia Magazine's Kitchen of the Year contest.
Center City Philadelphia Condos
The Experts In Philadelphia Real Estate -- 215.521.1523