Market Conditions in 15243>Question Details

Joe, Home Buyer in Pittsburgh, PA


Asked by Joe, Pittsburgh, PA Mon Apr 14, 2008

Help the community by answering this question:


Hi Joe!
This is a great time. Firstly because Mount Lebanon has many choices - there are many homes on the market there so it is very likely you will find somthing that is perfect for you! If you work in the city - it is a very short communte and I have several clients who are looking in the area because of this and other conveniences the area offers.
Also - Pittsburgh in general is a great market. As I have said in some of my other answers, Pittsburgh has been rated the 2nd most stable real estate market in the country!
Let me know if I can be of any more help!
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3 votes Thank Flag Link Mon Apr 14, 2008
Thank you, for asking a clear question. You identified the location you are interested in and that is the most important point when setting a time to buy. Price being the number two. This location has weathered the nationwide real estate problems with great results. This is one of the areas where prices maintained in most ranges. If you qualify rates are great but lenders want only the best until rates go up then there will be more money released. That has been the case for most of my 25 years at least. If you will share the price range you are looking at I will be happy to give you a full statistical report on what has happened in Mt. Lebanon at that price range over the last two years. Average times on market and what percent of asking price they ultimately sell for. This should give some concrete data to make the decision if now is the time for you to buy or is there a reason to wait, like you expect prices to fall, I don't see any reason for prices to fall except in one price range.
1/20/2011 7:43 AMIs there any advantage for a seller to accept a buyer who is using a va loan? What are the disadvantages?
0 votes Thank Flag Link Tue Jan 25, 2011
Is Lawrencville a up and coming place to live?
0 votes Thank Flag Link Tue Jan 25, 2011
Is Lawrencville a up and coming place to live?
0 votes Thank Flag Link Tue Jan 25, 2011
There is no reason to belive that tomorrow will be a better time. Interest rates are low. Prices have only risen slightly. Can you easily aford the loan then now is a great time.
0 votes Thank Flag Link Tue Aug 17, 2010
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