Key Takeaways: Despite home sales normally falling off after spring and summer, this winter might see an increase in numbers. After spending much more time at home during the pandemic, buyers are more in tune with what they want and what doesn’t work for them. No matter what you wish for in your new home, […]
Tag Archives: Pittsburgh market updates
Will Retirement Change How You Look at Your Home?
Key Takeaways: The National Association of Realtors (NAR) released a report earlier this year stating that generational differences came into play regarding home-buying. With downsizing and moving closer to family being top reasons for those above retirement age to buy a new home, it might be a great idea to start looking into buying right […]
The Power Is in Sellers’ Hands!
Key Takeaways: Currently, houses are in low supply. With the shortage, sellers have a great advantage in the housing market! Sellers can list their Pittsburgh area house efficiently and easily with Jim Dolanch! How the Housing Market Is Doing Right Now This fall, homes are in low supply (as everyone knows). The drastic lifestyle changes […]
Could the Low Supply of Housing Be a Good Thing?
Key Takeaways: Currently, buyers are very aware of the lack of available homes for sale. This low supply is raising home values and causing homeowners to rethink their needs. Take advantage of low mortgage rates and the equity that you have in your home to start looking for a new one. The Jim Dolanch Real […]
Understanding the Basics of the Mortgage Rate Increases
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 […]
Navigating Negotiations in Today’s Market
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 […]
Putting 20% Down Doesn’t Mean What It Used To
Key Takeaways: Many home buyers are under the impression that they have to have a 20% down payment to purchase a home. Statistics actually show that recent homebuyers have been putting down less than 20% for a down payment and are still able to buy the home of their dreams. Don’t let the myth of […]
Appraisal or Home Inspection—Do You Really Need Both?
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? […]
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 […]