Fairmount is getting a face lift
Home builder confidence in the United States marketplace is at its strongest reading since May of 2007, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reports. In the Northeast, builder sentiment for May 2012 saw a six point increase and reached 32.
Real estate in Philadelphia has seen its fair share of renovations, with Fairmount Avenue hosting several new construction projects. Recently, zoning signs went up at a vacant lot at 19th and Fairmount Avenue, and the zoning application shows the developer will build a four-story structure. The new building will offer residential and commercial units, according to a local real estate blog.
Fairmount Avenue is home to a wide variety of local restaurants like Hickory Lane and Lemon Hill, both of which serve American bistro meals and are affordably priced.
When you want to relocate to a part of Philadelphia that offers a plethora of restaurants, entertainment opportunities and nightlife activities, you should consider Fairmount. The neighborhood is a great place for first-time homebuyers, with the median household income at $49,774 in May 2012, ZipDataMaps reports. Take advantage of all Fairmount has to offer today and invest in one of the homes for sale in Philadelphia.