Pittsburgh Homes Daily

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Entries Tagged as 'Real Estate'

RiverParc Suspended

June 2nd, 2008 · No Comments

The downtown Pittsburgh cultural district project that was once called one of the linchpins of the revitalization of the City of Pittsburgh and a project without equal in the United States was indefinitely suspended last month by the Pittsburgh Cultural Trust. The Pittsburgh Cultural Trust blamed the poor economy and credit markets as the [...]

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Tags: Commercial Real Estate · Downtown · Financing · Pittsburgh · Real Estate · Theater District

Pittsburgh Real Estate Market Heating Up?

May 21st, 2008 · 1 Comment

Dare I even suggest that the Pittsburgh real estate market is heating up in 2008?
And to do so at a time when foreclosures in the Pittsburgh area set a near record in the first quarter, with economists believing that the Pennsylvania housing market could still get worse, and with the amount of sales activity and [...]

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Tags: Housing Market · Pittsburgh · Real Estate · foreclosure

The Problems of Foreclosed Homes

May 20th, 2008 · No Comments

Reuters had an article on Monday about the increasing number of squatters living in vacant foreclosed homes. It is written from the perspective of the mortgage companies and their real estate agents detailing the squatting problem. But I’m not feeling too sorry for the new owners of the foreclosed homes. They aren’t [...]

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Tags: Pittsburgh · Real Estate · foreclosure

Pittsburgh Home Price Forecast - Down 1.3% over Next Year

May 14th, 2008 · No Comments

Money Magazine’s Real Estate Survival Guide has published Fiserv Lending Solutions’ 1 year price change predictions for the top 100 U.S. Cities. Real estate values are expected to decline, on average, 9.7 percent in the United States over the next year. Pittsburgh’s prediction? A relatively modest loss of 1.3%.
Prices are expected to [...]

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Tags: Housing Market · Pittsburgh · Real Estate

Housing Market Price Recovery - How Long?

May 12th, 2008 · No Comments

I’ve been hearing increasing speculation in the media that the nation’s housing market is at or near the bottom. Upon reading this interview, I (along with many other people) am wondering how long it will take for the real estate market to return to housing prices of Fall 2005 / Spring 2006 once it [...]

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Tags: Housing Market · Real Estate · Recovery

A new residential real estate market model?

July 8th, 2007 · 9 Comments

I was wondering the other day whether it would be better for buyers and sellers if the real estate market were more like the stock market.
Real estate agents could act like brokers do on the stock exchange - they take a request for a purchase or sale and facilitate the transaction. If no one [...]

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Tags: Real Estate

Is your real estate agent the Paris Hilton of the industry?

June 9th, 2007 · 6 Comments

This past week, I half-heartedly advocated that real estate agents should use Twitter as a means to communicate with clients. Today, I had the probably behind the times realization that a web-savvy client doesn’t need Twitter to check up on their Realtor.
As Realtors increase their online presence through blogging, Active Rain, and other [...]

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Tags: Blogging · Real Estate · technology

The Pittsburgh

June 9th, 2007 · No Comments

“grand but certainly not stuffy style”
“original decorative features remain intact”
“ornate tradesman-crafted exterior”
“impressive archways”
“ironwork from another era”
Aptly named - just too bad it is in Seattle.
Found via urbnlivn.com.

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Tags: Real Estate

Pennsylvania Property Tax Assessments Unconstitutional

June 6th, 2007 · 3 Comments

Allegheny County property taxes won’t change overnight, and there is still a lengthy fight ahead, but an Allegheny County Common Pleas Judge held today that the property tax system in the entire state of Pennsylvania is unconstitutional today (Pittsburgh Post-Gazette article here). I’ve only made it through the first 7 or so pages of [...]

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Tags: Allegheny County · Real Estate · property taxes

Pittsburgh Tax Abatements: Huh?

June 5th, 2007 · No Comments

I guess I am going to have to do some research to learn more about the Pittsburgh tax abatements which just passed city council, unless someone stumbles upon this article that knows more than I do and can help me out. Pittsburgh Tribune-Review article here.
Let’s take a specific example:
Charlie Batch is doing [...]

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Tags: Pittsburgh · Real Estate · property taxes