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Pittsburgh was Named One of the Top 10 Metros for Finding New Friends

8/22/2017

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According to a study by realtor.com, Pittsburgh is a great city for finding new friends. The real estate website looked at the 42 largest metropolitan areas from a 2013 University of Utah study on social interaction potential, added criteria of their own, and found Pittsburgh to be number four on the list.
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Realtor.com noted that the University of Utah study "measured how much access strangers in cities have to one another, such as meeting on the subway, striking up conversations in a coffee shop, or simply bumping into one another on the street." 

The website then added criteria of their own to the search such as the number of bookstores, libraries, gyms, church congregations per 100,000 adults, percentage of single adults, and more. Pittsburgh came in at number four on the list with an adult population of 1.9 million, median home price at $160,000, the fourth-highest percentage of church congregations, second-highest number of libraries, and highest percentage of service clubs. 

The article also notes that Pittsburgh is "home to nearly 70 colleges and universities, which provide plenty of opportunities for adults taking continuing education classes to share notes."

The Top 10 Metros for Finding New Friends
  1. Austin, TX
  2. Milwaukee, WI
  3. San Fransisco, CA
  4. Pittsburgh, PA
  5. Buffalo, NY
  6. Portland, OR
  7. St. Louis, MO
  8. Columbus, OH
  9. New Orleans, LA
  10. Washington, DC

Moving to Pittsburgh?

If you're moving to Pittsburgh and looking for a place to live, get in touch with us! We would love to help you find the perfect home. Please make sure to check out our Pittsburgh resource guide as well!
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Five Words All First Time Home Buyers Should Know

8/19/2017

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Real estate terminology can sound complicated, confusing, and even seem like its own language. If you're buying your first home, there are five words you should know to help you better understand the process. 
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1. Offer

When you want to buy a property, your real estate agent will make an Offer to Purchase, which is also called the Contract of Purchase and Sale. Once the buyer and seller accept the offer, it becomes the contract between both parties. 

2. Contingent

When the sale of a home is contingent, that means the seller has accepted an offer from the buyer and the home is under contract. The sale is subject to certain criteria being met by the buyer and/or seller before the deal is closed. Common contingencies are the buyer's financing, appraisal, title search, home inspections, and more. 
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3. Appraisal 

An appraisal is an estimation of a home's market value based on comparable recent sales of homes in the neighborhood. Appraisals are done by licensed appraisers and are ordered to protect a the home buyer's lender to ensure the value of the home is equal to or greater than the loan amount. 

4. Inspection

A home inspection is an examination of a property's condition and is usually performed by a home inspector in connection with the property's sale. A home inspector is usually hired by a home buyer to provide a written report of any issues that may affect the value of the property.
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5. Closing Cost

Closing costs are fees over and above the price of the property. Common closing costs are excise tax, loan-processing costs, title searches, appraisal fees, and title insurance. The closing costs usually add up to 2-5% of the purchase price of the home and may be paid by the buyer or seller. 

Do You Have Questions About Real Estate?

If you have questions related to the sale or purchase of a property, feel free to get in touch with one of our licensed real estate agents!
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The Latest Pittsburgh Real Estate News

8/18/2017

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The latest Pittsburgh real estate news, including where a UPMC hospital may be built, which office location Westinghouse has negotiated to cut, which tire store is planning to open in Pittsburgh, and much more.
Pittsburgh real estate news
Developers Adding More Condos--and Two More Floors--at Former Saks Fifth Avenue Downtown
Bullish about the potential demand, the firms behind the redevelopment of the former Saks Fifth Avenue store Downtown are adding to the number of condominiums to be built at the site.
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South Fayette Approves Conditional Use Application for UPMC Hospital in Newbury Market

"South Fayette commissioners voted unanimously Wednesday to approve a conditional use application for UPMC to build a $211.2 million, 90-bed hospital in the Newbury Market complex on Presto Sygan Road."

Westinghouse Cuts Office Space in North Hills
"Westinghouse Electric Co. has negotiated to cut its office space at Keystone Summit Park by more than 75 percent as the Cranberry-based bankrupt nuclear firm reorganizes to survive."

With Civil War-Era Cannonballs Safely Gone, Apartment Complex Now Open
"A new apartment community in Lawrenceville where 700 Civil War-era cannonballs were removed earlier this year is now open to residents."

Affordable Housing Eyed as Part of East End Site Redevelopment
"With affordable housing becoming a hot issue in the East End and elsewhere in Pittsburgh, some local advocates see an opportunity to address it in the proposed redevelopment of Lexington Technology Park in North Point Breeze."

Franklin Regional Board Updated on Proposed New School, Sloan Elementary Upgrade
"Franklin Regional school board heard an update this week on the district’s proposed plan to renovate Sloan Elementary School and build a new elementary school building."

Discount Tire Plans to Open Stores in Pittsburgh
"Discount Tire has its sights set on Pittsburgh."

​Forced Out by a High-Rise Fire, Former Downtown Residents Adjust to Life in a Suburban Hotel
"Three months after a fatal fire in the Downtown high rise Midtown Towers, about 50 former residents now live a world away from their former home."
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