East Kensington real estate has changed faster than almost any part of Philadelphia over the last decade. Factory buildings have become lofts and studios, new construction has filled in vacant lots, and the blocks nearest Fishtown now price accordingly. There is still real variation here street to street, which cuts both ways: opportunity if you know the area, an expensive mistake if you don't. I've bought and sold through the whole arc of it.

This up and comer has become synonymous with offbeat charm and stylish eateries, new music and skinny jeans. What once was considered a neighborhood in decline, Kensington has taken a drastic turn and is now all the rage for locals looking for a good time and a new place to call home.