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 […]
Tag Archives: Pittsburgh market updates
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 […]
What to Do When You’ve Outgrown Your Home
Surging Home Values Still Allow for Affordable Homes
Key points: The current housing market is heavily geared towards sellers, and high demand for homes can lead to competitive prices for home buyers. Historically low mortgage rates are contributing to the affordability of today’s homes because homeowners will pay thousands less in interest over the lifespan of their loan. Want to take advantage of […]
Why Selling This Fall Could Be a Great Move
If you’ve been thinking about listing your home, it might be time to stop waiting and start doing. Thanks to high buyer demand, low inventory, and low interest rates, selling this fall could be very profitable. In fact, there are quite a few advantages to listing sooner rather than later. Selling This Fall Could Mean […]
What to Expect from Home Values in the Next Year
This past year has been a rollercoaster of high and lows, of uncertainty and expectation. What started off as a promising year quickly plummeted into confusion and panic at the onset of the COVID-19 pandemic. The US economy dropped drastically in early 2020, and many feared that real estate would soon follow. But in an […]
Homebuyer Demand Has Surged Since Last Year
Although things haven’t quite returned to normal here in Pittsburgh and across the nation, buyer activity has still surged since the beginning of the year. Record-low interest rates have helped to boost market momentum all the way into fall, but many are wondering if this trend is here to stay. Here’s everything you need to […]
Why Pittsburgh Homeowners Now Have More Selling Power
Why Today’s Shoppers Are Serious About Buying a Home
When the COVID-19 pandemic closed down most businesses in the Pittsburgh area, many would-be buyers and sellers opted to put their home buying and selling dreams on hold. But now that businesses are reopening and life begins returning to normal, the market has seen a resurgence—many shoppers are serious about buying a home! Many Are […]