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Old 03-25-2007, 08:51 PM
sonnetboom sonnetboom is offline
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Join Date: Jan 2004
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Default Is 400k always too high for Philly?

Quote:
Originally Posted by BigH View Post
I can afford a 2BR at 400k with a 2k/month mortgage, but I believe that it is way overpriced to pay in philly.
A friend once said to me that anybody who pays over 400k for anything in Philly was a fool.

Apart from the posh spots like Rittenhouse, is that generally true? What do you guys think is the highest fair valuation for, say, a two-bedroom home with amenities? This can be a range, if that makes it easier to quantify.
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