Editor’s note: It’s pretty freakin’ sad when the Philadelphia Inquirer has to write up something like this about Pottstown. Everybody knows why this situation exists, except for the do nothing Borough Council who are off in Lala Land taking a group cruise down the river Denial! What an embarrassing write up and very damning because of the enormous readership of this MAJOR MARKET publication!!!!! Now that a big city newspaper has pointed out the same issues we bloggers have been harping on for years, maybe you all will be shamed into doing something.
Trends in local housing supply and demand aren’t working in Pottstown’s favor right now. In a word, the market is troubled.
Andrew Himes, an agent with Berkshire Hathaway Home Services Fox & Roach Realtors in Collegeville, said the borough “is one of the few places that hasn’t made any kind of a comeback.”
Though just about every market in the eight-county Philadelphia region has a shortage of supply, Pottstown’s problem is it has 300 houses for sale and very little demand, Himes says.
Read more at http://www.philly.com/philly/classifieds/real_estate/town-by-town/20140831_Town_By_Town_.html#0CJjWTr05jzmHLlJ.99