Key takeaways: A potential buyer should get both an appraisal and inspection in order to ensure they are paying the correct price for their potential home. An appraisal represents the value of the home, whereas an inspection evaluates the home’s overall condition. Want an expert’s help in determining what to offer for your dream home? […]
Category Archives: Pittsburgh Home Buyers
Spring Into Action if You Are Ready to Move
Key points: Considering moving this year but not sure if you want to move in the winter? Here is why now is the perfect time to buy a home! Historic mortgage rates, high appreciation in homes, and elevated buyer demand allow sellers and buyers alike to succeed in today’s market. Interested in moving and ready […]
What to Do When You’ve Outgrown Your Home
Equity Increases for Homeowners Nationwide
Key takeaways: The average homeowner saw an increase of around $17,000 in equity over the last 12 months. In total, U.S. homeowners with mortgages have gained a total of $1 trillion in equity since the third quarter of 2019. Thanks to a 10.8% increase in equity over the last year, the average American household that […]
Why Now Is a Great Time to Buy a House
Key Takeaways: From a financial perspective, now is a great time to buy a house, especially as mortgage rates hover at an all-time low. Investing in real estate can increase your wealth even if the economy is in a recession. Do you still have questions about investing during a recession? We’d be happy to give […]
5 Ways to Make Your Offer More Competitive
Today’s home buyers are navigating a market that’s more competitive than ever thanks to low inventory and high demand. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a successful offer. Don’t lose out on your next dream home! Get […]
Why Homeownership Is Key to Building Wealth
Key Points: A primary home accounts for 90% of the total wealth of a family in the United States. Because real estate typically increases in value over time, owning a home is considered one of the soundest investments you can make. If you’re a first-time buyer, homeownership will always be a great opportunity to build […]
Younger, but Ready to Compete: How Millennials and Gen Z Are Shaping the Market
Look who’s moving into the neighborhood! The new kids on the block are unloading their moving trucks and are here to stay. The increase in competition for a home is a huge talking point in the real estate industry now. The kicker? The largest age groups looking for a home primarily consist of the younger […]
3 Ways to Win a Bidding War in a Seller’s Market
Though many feared economic instability in early 2020 would lead to a real estate slowdown, the market has actually been booming this summer and fall here in Pittsburgh. Record-low interest rates and changing home needs have led to a surge in buyer demand—and a lot of buying competition. A booming market is good, but it […]
Why Every Buyer Should Get Pre-Approved Before Searching for Homes
You may have heard that getting pre-approved for a mortgage is the most important step you can take before buying a home. But unless you’ve done your research, you probably aren’t aware of all the amazing benefits that come with having a pre-approval letter in hand. Why You Shouldn’t Skip Getting Pre-Approved for Your Mortgage […]