Real Estate Agents: Experts predict that the real estate market in Philadelphia will retain its upward swing, though a house may not quite get the dream price it got last year. But, experts say that prices will continue to rise in the coming year. They further prophecy that Philadelphia will outperform the nation in price appreciation in the year 2006. Some realtors of the city of Philadelphia whom you can contact to buy or sell a house in Philadelphia are RE/MAX, Resort Quest Realty, Exit Pro Realty, etc.
Educational institutions: Philadelphia has amongst the highest numbers of colleges and universities in the United States. Amongst the regions most renowned colleges and universities are Bryn Mawr College, Drexel University, LaSalle University, Rosemont College, Rose College, Temple University, and the University of Pennsylvania.
Banking System: Some of the banks, which have a presence in Philadelphia, are Bank of America, Citizens Bank, Wachovia Corporation, and Mellon Bank.
Currency Exchange: Most foreign exchange rates are “floating” rates and they are determined by supply and demand in the same way in which prices for most commodities are determined.
|
If there are more buyers than sellers, the price will go up. On the other hand, if there are more sellers than buyers, the price will go down. Governments are not always successful in influencing the price. If you are traveling to Philadelphia, you may need to exchange your local currency for the dollar.
Insurance: Some companies offering insurance services in Philadelphia are Allstate Insurance, Nationwide Insurance, New York Life Insurance, etc.
Health System: Some famous hospitals in Philadelphia are Albert Einstein Hospital, Fox Chase Cancer Center, and University of Pennsylvania Health System. The University of Pennsylvania Health System consists of seven hospitals. In July 2005, US News & World Report named the hospital of the University of Pennsylvania on its Roll of Honor of the best hospitals in the country for the ninth year.
Employment: There are many Fortune 500 companies, which are located in Philadelphia. Some of these are Comcast, CIGNA, Lincoln Financial Group, Sunoco, and Aramark.
|
