Tag Archives: real estate market

Forbes Says: Pittsburgh Is the Place to Buy a Home

Time and time again the statistics are putting Pittsburgh in the top affordable places to live. There are a lot of things to do and see and Pittsburgh has strong technology and healthcare jobs. As a photographer, the city is a great place for a wide range of subjects. You could spend the day there – possibilities are endless. If you are from out of state, consider the benefits of this city and the stable housing market.

“Families in the market for a house are shopping at the right time: Nationally, homes are near the most affordable they’ve been in 18 years. In the fourth quarter of 2009 housing was 62.4% more affordable than the same time a year earlier, according to the Housing Opportunity Index, published quarterly by the National Association of Home Builders and Wells Fargo. The best place to buy right now: Pittsburgh.”

Quoted from Forbes Article Feb 19, 2010

Related Blog Entries:

Pittsburgh Ranks Number One

Pittsburgh in the Top 5

Vandergrift, PA (NE Pittsburgh Suburb) Gets Ranked a Top Town in the Nation to Purchase a Home


Real Estate Market is Picking Up

You know, as an agent, I am noticing changes in the market. I have recently seen some homes go on the market and sell in a week or a day. Some foreclosures and some regular home sales. Homes are starting to move faster. Some homes are crisp, clean, and great curb appeal and some homes are just a plan good old deal that needs just a little work.

Just last week I started working with a young couple that is getting married in the summer.  They are looking for a starter home under $30K. There are a few around that are in livable condition. Funny thing is that at least three they inquired about were sold in less than a week with multiple offers. One that had been on the market for over a year had four interested parties including mine and boom gone – sold to the owner’s daughter.

So inventory is getting sold off more quickly. I must say from what I am seeing, it is a fast moving spring market for the homes that are priced right and have the appeal.  Buyers you have a little over 6 months to take advantage of the first time home buyer tax credit. Combine that with today’s interest rates.  Also, consider those homes that have been sitting there (that you have been watching), they may not get reduced anymore in price.  They will just be sold – boom gone.

When I bought my first home in 1993, I had been looking for quite sometime. At that time the market was turning over houses very quickly. I kept loosing them to other buyers – it was very frustrating. The home that I chose, had only been on the market 10 days. I walked in and new I wanted it. I had the offer written up that night and it got accepted. I was told another woman was coming back the next day to pay cash and I beat her to it. I was so happy that I was able to secure the home. I lived there for almost 10 happy years.

Previous Posts

First-Time Homebuyer Federal Tax Credit Info

First-Time Homebuyer Tax Credit Details

Great News! Tax Credit Can Be Used for Down Payment

Price Reduced – One Floor Living

Get ready for spring with this cozy two bedroom ranch home that has many updates: New roof, siding, deck with awning, and includes appliances. There is a large basement and plumbing for another bath. You will love the over-sized yard which is great for picnic fun. Some finishing touches need completed Also includes a HSA Home Warranty. Call today to view!

Location: 227 Talisman Lane, Harrison Twp, Natrona Heights, PA 15065

Click here for more details and photos – refer to MLS 760973


Pittsburgh Real Estate on the Rise

I was delighted to hear in yesterday’s local news that Pittsburgh area Home Prices are on the rise. They have been stable but are actually rising. They were up in 2007 and expected to up in statistics from 2008.

Read the article from the local tribune
“Home prices increased 3.5 percent in 2007 and are expected to be up 1.9 percent in 2008, PNC says.”