Greater Pittsburgh Area Real Estate Blog
Key Takeaways: When the 10-year US Treasury yield rate jumps, expect the mortgage rate to jump as well. There are many factors that impact how mortgage rates fluctuate, such as inflation, employment rate, and economic growth. Learning about current and predicted mortgage rate trends can be useful in your hunt for a new home—let the […]
Key takeaways: There is a very strong demand for homes right now, as there are more buyers in the market than homes are available. So, how does a seller get the most bang for their buck while not overpricing their home? The Jim Dolanch Team has many years of experience in negotiating competitive prices for […]
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? […]
Key Points: Has this year made you realize you need more space as you spend more time at home? Currently, real estate is in high demand, as there are a staggering number of buyers and a limited supply of homes available. Want to find your dream home today? Reach out to the Jim Dolanch team […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
