If you live here, you may find that a number of buildings in your neighborhood are actually empty. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. In addition, most vacant housing here is vacant year round. This is higher than the rate of vacancies in 84.6% of all U.S. The current real estate vacancy rate here is 19.1%. Vacant apartments or homes are a major fact of life in Point Breeze Northeast. A number of residences were also built between 2000 and the present. Many of the residences in the Point Breeze Northeast neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. Most of the residential real estate is occupied by a mixture of owners and renters. Point Breeze Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Point Breeze Northeast is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania. The average rental cost in this neighborhood is higher than 79.4% of the neighborhoods in Pennsylvania. The average rental price in Point Breeze Northeast is currently $2,195, based on NeighborhoodScout's exclusive analysis. Point Breeze Northeast median real estate price is $418,141, which is more expensive than 83.0% of the neighborhoods in Pennsylvania and 65.4% of the neighborhoods in the U.S. If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St) Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas. Because census tracts are based on population, they vary in size depending on the density of settlement. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744.NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.Ĭensus tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a full franchise system. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. About Sotheby’s International Realty Affiliates LLCįounded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world.
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