Tag Archives: real estate pittsburgh

More Strange Appliances

I have posted a number of bizarre items and home set-ups after finding them in my home showing travels. So again, today I wanted to share this photo with you. I was a very old home and the kitchen was very small. It is hard to notice at first unless you know what you are looking at. So this appliance set up is not really a range with a microwave. It is in fact, a convection oven, counter top stove, and a dishwasher below the stove. What were they thinking??? and is this really safe??

Tax Credit Expiring – Two Weeks Left

You have two weeks from today to get a home under contract to get up to that $8000 and close by June 30th.   Houses are going fast, especially if they are good buys. Don’t hem and haw if you want some of the $8,000 tax credit. I have been experiencing many homes already under contract when a buyer wants to see them. Not just one but several on their list. Then if you get the chance to look, there are also multiple offers.   One of my buyers was lucky last month. An agent in my office announced she was listing a home in a couple of days. I got my buyer in the day it was listed (under market price) and he make an offer and it was accepted all in one day. I advised him to move on it, if it was a house he liked because it would not last long. He was happy he did and all went well.

Tax Credit Details

Additional Tax Credit Details from Realtor.org

Frequently Ask Tax Credit Questions

AKHome.info Tax Credit Archives

Pittsburgh Ranks Number One

The housing market has had its ups and downs this past year, but if you live in Pittsburgh, PA or the surrounding area, you are in a great place. Pittsburgh never had a housing bubble and is expected to be number one this year with growth in the housing market.

If you are not from the area and are thinking of moving to a new city, what a great opportunity for one of your biggest investments, your home.

“If there’s a bright spot, it’s pockets of the Midwest — states like the Dakotas, Kansas, and Nebraska, which have stronger economies based on agricultural and energy industries.

Then there’s Pittsburgh, which didn’t have much of a housing bubble to begin with and is the only market projected to grow next year, up 0.41%.” Â Â Â -Quoted from CNN/Money.com

According to this article above Pittsburgh is the number one city in the Nation for increased price change projection form 2010.

The Pittsburgh area with its seven counties generally ranks in in the top 50 most affordable US housing markets according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).

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Photo Copyright, 2009, Amy S Myers

New Home Sales Have Risen

With all the super deals, increased home inventory, low interest rates, and the tax credit it is no wonder that the housing market statistics picked up in June. This is encouraging news for the market and the economy. Remember approximately two months left to get a home under contract to take advantage of the tax credit.

” Sales of newly built single-family homes rose 11 percent in June to an annualized rate of 384,000, according to a report released Monday by the U.S. Department of Housing and Urban Development.

“Analysts called the report a good sign. But overall, business is better.”

“The time for getting deals is going away.” Markstein said.

Source:Â Realtor.org

Spring is Almost Here and It is Time to Buy!

This is definitely a buyers market. There is still a lot of inventory, prices are low and interest rates are low. Take advantage of this point in time and get in the market. The market is picking up and activity is increasing.

The following is from ReatlyTimes.com article:

“We are seeing a confluence of events that contributes to the increase in the number of closed sales,” said Quincy Virgilio, president of the Santa Clara County Association of Realtors in San Jose, CA.

“Interest rates are at a record low and the affordability index nears a 5-year high. For first-time buyers, rents are skyrocketing and that’s an added incentive to buy a home now,” added Virgilio, also broker-owner of Realty World California Property Network, also in San Jose.”

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photo copyright 2000, Amy S. Myers,

Go Steelers!

Here is a cute video from a young local band in Harmony, Pennsylvania. Hope everyone enjoys the superbowl this weekend. Go Steelers!