Buying or Renovating
Homeowners are faced with a dilemma not uncommon in today’s real estate market. Should they renovate their beloved but outdated home, or take the plunge and buy or build a new one?Picture it....
New Home Construction Translates to “Southern Sprawl” in Southwest Pennsylvania
By all accounts, population fluctuation in the U.S. Northeast indicated a growing exodus heading southward to states such as North Carolina, South Carolina and Tennessee. In Western Pennsylvania,...
Housing Market 2025
There are ways President Trump’s re-election could impact the housing market overall; however, the outlook for the Pittsburgh housing market will again turn on changes in supply, not demand....
True North / New North
The term “True North” can bring to mind varied meanings for many individuals. Some definitions speak to a person’s spirit or one’s values while other considerations point to life’s purpose, goals...
The Evolution of Low-Maintenance Housing
Once the steadiest of economic sectors, the U.S. housing market has been on a roller coaster ride for 20 years. Bush administration policy aimed at easing a slow economy supercharged the housing...
Customized Closet Trends to Showcase Your Style
Current design trends in custom closets focus on finding the perfect balance between functionality and style. Homeowners have many options to create closets that reflect their tastes and lifestyles....
Eastern Communities Attracting Homebuyers from All Demographics
Westmoreland County, for example, has a relatively high rate of home ownership with three out of every four households being owned by the buyer. Builders are also flocking to the area, not only...
Is Mortgage Rate Relief Coming Soon?
When the Federal Reserve Bank began aggressively raising interest rates beginning in March 2022, the interest rate for long-term loans also followed the trend higher.
Homeowners Embrace the Benefits of Outdoor Living
The trend toward adding multi-functional outdoor living spaces is alive and well! Blurring the line between indoors and outdoors, crafting an outdoor living space most often includes fire pits or full-size fireplaces, cozy lounge areas and outdoor kitchens featuring much more than a barbeque grill.
New Residential Construction Update 2024
The forecast for new home construction in Pittsburgh is more of the same. Conditions are unlikely to create an incentive for developers and builders to dramatically increase the number of homes built. Mortgage rates have come down, but not enough to increase the supply of homes for sale so that there are more move-up buyers for new homes.