Pittsburgh, Allentown See Increase of Retirees
Compared to non-retiree movers, retirees are three times as likely to move to a different state.
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Suburbs’ Popularity Reigns, Buyers Continue to Face Stiff Competition
The growth of consumers browsing online for homes for sale in the suburbs has increased 42.1% compared to two years ago.
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Homeownership Tops Consumers’ Investment Goals Over Wedding, Vacations
Eighty-two percent of unmarried consumers would rather invest in buying a home than paying for a big wedding.
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The Tenant Died… Now What?
First, you need to know that law about how an estate can terminate a lease when the tenant dies.
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Crime and Safety Top Cost of Living, School Quality for Buyers
Fifty percent of homeowners who bought since the pandemic began in March 2020 cited crime and safety as a top factor they considered when moving.
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Scranton Named One of the Most Affordable Ski Towns in the Country
“Our centralized location here in Lackawanna County offer multiple skiing opportunities. We’ve got Elk Mountain and Montage Mountain, which both average 5 inches of snow per season and offer 80 to 100% snowmaking,” said Christina Moyer, president of the Greater Scranton Board of Realtors®. “And just south of us, you can find Camelback Mountain, Mountain Creek Ski Area and Jack Frost/Big Boulder ski areas.”
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Labor and Supply Shortages Continue to Plague Construction Industry
According to the National Association of Home Builders, 76% of builders reported there was a direct labor shortage
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Investors Pick Up 18% of Homes in Third Quarter, a Record High
This represents a 2.1% raise from the second quarter of 2021 and a 7% increase from the same period last year.
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Foreclosures Up Across Country, Pennsylvania Sees Rise
In the U.S., 10,759 properties were at the start of the process in October, an increase of 5% from September and 115% year over year. In Pennsylvania, foreclosure starts were up 107% from September.
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More Homes to Hit the Market Soon? Owners Say They Are Eager to List
Forty-six percent of would-be sellers plan to list in the next three months, especially Generation Z (31%) and millennials (38%).
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