Tag Archives: pittsburgh

Buying vs. renting: The income gap is widening, Redfin says

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The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday. Continue reading →

Want to get more for your sellers? List in late May

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Despite a slow start to the year, Zillow’s latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600. Continue reading →

Home values have surged at 2X the normal rate since pandemic

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Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading →

Homebuyers remain sidelined despite more listing options

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Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading →

Typical days on market reaches slowest pace in 5 years: Redfin

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Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020. Continue reading →

Zillow teams up with Howard Hanna to offer Listing Showcase

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The technology platform is designed to improve marketing for listings. Now, Howard Hanna agents will get to exclusively offer the tool to their clients in Pittsburgh and Cleveland. Continue reading →

Engel & Völkers expands into new Pennsylvania markets

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The luxury brokerage has entered Pittsburgh and Sewickley, marking its third new location in the Great Lakes Region so far this year. License Partner Elias Pappan is leading the new shops. Continue reading →

Luxury home purchases hit record low as buyers eye other investments

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Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading →

Howard Hanna merges with New York-based Coach Realtors

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The new partnership will see Howard Hanna further extend its reach into New York. Meanwhile, Coach will rebrand to include the Howard Hanna name. Continue reading →

Inman’s 2022 Person of the Year: The Howard Hanna family

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Three generations of Hannas have grown the family business from a small mom-and-pop brokerage into a juggernaut with 15,000 agents and 400 offices. Continue reading →