Quote:
Originally Posted by Coco
You are not alone! A few days ago, the Inquirer listed 8 houses in the SOSNA area for Sheriff's sale.
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Only two of them are foreclosure sales, and one of them was mortgaged for $71K, so I'm not sure that the housing prices are related. Foreclosures in Philly are actually down in Philly compared to last year, despite huge increases in much of the country. Personally I think Philly's home prices are still very reasonable, we couldn't have afforded as much house as we bought in Philadelphia anywhere else in the region.