Spring is Coming!
Daylight Savings: Sunday March 10th is Daylight Savings, which gives us all an extra hour of daylight for evening home viewings.
Spring Cleaning and Recycling:
We found a handy website that can text or email you reminders for recycling and yard debris pickup days in the City of Pittsburgh: https://pgh.st
Many of the boroughs stopped recycling glass. PRC is offering FREE glass recycling at various pop up locations this Spring and Summer.
http://prc.org/programs/collection-events/glassrecycling/
PRC also offers collection events for hard to recycle electronics, household chemicals and prescription medications:
http://prc.org/programs/collection-events/hard-recycle-collections/west/
Interest Rates
The current 30 year fixed rate is around 4.25%, which is much lower than 3 months ago when rates were over 5%. This is good news for people both buying and selling a home.
Refinancing:
The general rule about refinancing your home is that you should be able to reduce your rate by 1% and that you plan to stay in your home for at least 3 more years. We are happy to give recommendations for lenders who can assist you with this. This could be a good long term savings on your mortgage.
Pre-payment calculators:
Whether you have a 15 or a 30 year loan, a small extra payment every month could reduce your total interest payments significantly. Try plugging numbers into this calculator to see what works for you.
Spring Real Estate Market
That time of year is almost here, where most buyers are looking to purchase. March through June are the best months to list a home in the Pittsburgh Market.
Inventory
Inventory is steadily slim. Below is a list with the number of single family homes (and condos) that are listed on the West Penn MLS as of Monday March 4th 2019:
7 - Highland Park ::: $245-660k
8 - Morningside ::: $139-280k
0 - Friendship
7 - Garfield ::: $100-200k
17 - Point Breeze ::: $177k - 1.65M
8 - Stanton Heights ::: $125-329k
40 - Squirrel Hill ::: $99k - 2.9M
13 - Greenfield ::: $80-259k
8 - Bloomfield ::: $170-419k
78 - Lawrenceville ::: $125-825k
34 - Shadyside ::: $119k - 2.99M
7 - Polish Hill ::: $150-470k
13 - East Liberty ::: $65-520k
16 - Central Northside (including Mexican War Streets) ::: $80k - 1.99M
4 - Troy Hill ::: 60k-240k
80 - Southside (including Slopes) ::: $95-899k
10 - Edgewood ::: $120-445k
26 - Swissvale ::: $31-309k
7 - Regent Square ::: $180-546k
8 - Aspinwall ::: $199-625k
6 - Beechview ::: $50-189k
36 - Brookline :: $80-275k
FEATURED NEW LISTING:
6331 GLENVIEW PLACE - HIGHLAND PARK
already under contract!
Upcoming Listings
We will be listing properties this March in:
Highland Park, Lawrenceville, Bloomfield, Crafton, & Spring Garden
PLEASE CONTACT US TO SELL YOUR HOME
or if you are interested in seeing a home
info@thecummingsbrothers.com
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