January 8, 2012
By Lynne Bingham
2010 starts off on the right foot in real estate! The positive trend in the upswing of the region’s housing market continues with January statistics increasing in listings, sales and average price. Residential homes placed under agreement increased by 25.59% over last January and new listings were up 7.4% while the average sale price increased 5.07%.
With the inventory of homes for sale still low in Southwestern Pennsylvania, sellers should be extremely encouraged by this news. The continued low interest rates will increase consumer confidence in combination with January’s Spring-like temperatures; there should continue to be an active real estate market, where sellers are getting favorable prices for their homes.
Check out this quintessential South Side home. 2030 Sarah Street is a classic renovation with fantastically unique rooms! Listed for $549K, the home has massive windows, a great floor plan and superb custom updates. An oversized garage completes the home and exemplifies the essence of this trendy area of South Side. For a complete description visit http://www.postlets.com/repb/6075652 or contact Lynne Bingham at 412-855-9154, lbingham@howardhanna.com.