We buy houses in South Side Pennsylvania and we also offer cash for houses in South Side if you need to sell your property fast for cash. Is it still a buyer’s market today in Houston? As homebuyers in Pennsylvania and experts in the PA real estate market, we get asked this question a lot. The answer isn’t as simple as yes or no.
First Off, It Really Depends On The South Side Property Type And Location
Single-family homes in great locations that are priced well have been flying off the shelves. There’s a lot of demand in the market for certain areas, while others can seem like ghost towns.
Buyers Are Often Looking For The Same Thing In South Side PA
Good neighborhoods, access to transportation, shopping, good schools, close to work, etc. Properties that deliver all these are definitely a hot commodity. Sellers with a highly desirable property are in control of the market.
But For Condos And Townhouses In Pennsylvania
Especially those a little off the beaten path, or with some funky features – it can be quite a different story. Prices were down in certain areas of South Side PA, but seem to be rebounding as the rental market increases.
Investment Properties In PA Are In Demand
The massive amounts of foreign cash flooding in to invest in US real estate have impacted the South Side market in unique ways. Overall, those people in a position to pay cash for properties have been picking up good deals in the marketplace. Lots of sellers are trying out speculative prices just to see if anyone bites, but most investors are walking away from deals that don’t pencil out.
Financing Is Still A Major Obstacle For South Side Pennsylvania Buyers
Banks are being incredibly strict, requiring lots of money down and even changing their terms at the last minute. It’s not uncommon for approved buyers to get their loans pulled right before closing escrow, although it’s getting better than it was just a couple of years ago. Overall the markets remain incredibly polarized – there is a lot of action at the very top and the very bottom, with the biggest challenges in the middle.
Sell My House In South Side PA
Sound confusing? It is. But Dustin Buys Houses can help. There’s a lot of shakeup in the US economy still taking place, and the markets are moving fast in lots of directions at once. We are professional Pennsylvania home buyers and we’re investing in South Side PA because we believe in the community and the people here. If you need to sell your house in Pittsburgh, we can help you. We purchase properties like yours from people who need to sell fast.