There was a large increase in condo sales during the last quarter. The inquirer did a recent story on the Philly condo market in which they said "Condo sales in Philadelphia nearly doubled from the first quarter of this year to the second, and the numbers were better than at any time since the housing downturn began here in August 2007."
Most people think of first time home buyers as the one's buying condos in the big city, but in Philly, many of the new condo owners are retirees choosing Philly as the destination for their carefree years.
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