[quote=sdrealtor]Its different on the Mainline. The Mainline is the RSF of Philly but even the biggest nicest estates rarely exceed $4M. For $1 to 2M you are talking about a really nice home in Villanova, Gladwyne, Penn Valley etc. Most of the folks in those homes can afford them quite handily.[/quote]
Ok I should have mentioned I wasnt speaking of Gladwyn type areas. Those areas have been expensive forever. Speaking more of the Berwyn, Haverford, Paoli, Wayne type areas where the building has been massive the past 5 years. Places that werent the upper tier in the Main line but there has been a trend of people moving further from the city.
To the rittenhouse sq comment, thats a nice location. I would expect those to be inflated. But i think you both get my point. Will the above mentioned areas that havent been hit like the Northern VA, Socal, Vegas, Phoenix and Florida ever come down?
