Real Estate Special Section
Home
On the
Front
Whether you’re buying or selling in
2018, here’s what you need to know.
Plus, why you need a local realtor.
S
pring is in the air, which means buyers and sellers of all kinds
are getting ready to find the home of their dreams. Buying
or selling a home isn’t as simple as it seems on television and
can be quite an arduous process. With the right tools and tips,
however, you can take on the housing market like a pro.
According to Zillow, more than half of the largest housing markets
across the country have regained the value lost from the market
collapse over a decade ago. Unfortunately, it also reports that
Pittsburgh is one market that has gained the least value since 2011,
rising only 56 percent. But don’t let that discourage you. The city has
gained several accolades the past few years including “#6 Best City
20
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for First-Time Home Buyers” by Business Insider, “#7 Cities Where
Millennials Are Moving” by Time and “#11 Most Affordable City” by
Forbes.
Along with several large companies already headquartered in
Pittsburgh, there is no sign of the corporate real estate market slowing.
The technology industry continues to build within the city, and plans
for specialty medical facilities and a growing number of community
hospitals are already in the works. With the promise of new jobs in
these industries, we’ve seen millennials sticking around the city or
moving back home after graduation in the hopes of settling here. In
the past five years, the number of millennial residents has increased
18 percent, according to a CBRE report. With the growing number of
millennials moving into rentals, we also see families in search of their
first home or their forever home, and baby boomers downsizing—
making the Pittsburgh housing market ready for buyers and sellers of
all kinds! So, take advantage of the warmer air approaching and get
ready for those eager to explore the market for their next home.
Preparing to sell in 2018?
Selling your home can be an emotional process. Many sellers want
their home to go to buyers who can create new memories in their
beloved home, but often overlook the steps they need to take to give
buyers the “wow” factor. Here are tips to get the most out of your
home sale: