1. Enjoy tax write-offs
As a Philadelphia homeowner, you may deduct the interest you pay on your mortgage, your Philly property taxes, and some costs associated with buying a home.
2. Earn appreciation
Median single-family existing-home sale prices increased on average 5.2 percent each year from 1972 through 2014, according to the National Association of REALTORS®. Also, the number of U.S. households is expected to increase 10 to15 percent in the next 10 years, continuing the high demand for housing.
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