The home improvement industry, much like the broader housing market, experienced a severe downturn, but a report by the Joint Center for Housing Studies of Harvard University finds that prospects for growth are already developing.
"As the housing market stabilizes and the broader economy begins to recover, remodeling activity will return to a more normal pace of growth. As credit conditions thaw, owners will find it easier to finance their home improvement projects. As home prices edge back up, owners will again see the wealth-building benefits of investing in their homes. And as sales pick up, recent buyers will want to make improvements as they settle into their new homes.
Of the sources of demand that are most likely to boost improvement spending, three stand out: the increasing need to upgrade the rental housing stock, ongoing growth in the immigrant homeowner market, and emerging interest in sustainable remodeling projects."
Download a free copy of the entire report here.
Real estate sales in Upper St. Clair were up slightly in April compared to March (17 vs. 14) and matched last April's total of 16 homes sold.
Here's the list of 17 homes that sold this April:
| 1789 Hastings Mill Road | 695,000 | 616,000 |
| 1464 Paragon Place | 529,900 | 500,000 |
| 1236 Oak Park Court | 469,000 | 462,500 |
| 2355 Berkshire Drive | 325,000 | 316,000 |
| 1741 Partridge Run Road | 319,900 | 306,000 |
| 417 Manordale Road | 314,900 | 287,000 |
| 295 High Sierra Circle | 275,000 | 265,000 |
| 2415 Willowbrook Road | 279,900 | 260,000 |
| 1549 Allison Drive | 279,900 | 245,000 |
| 3531 Myrna Drive | 239,900 | 229,000 |
| 441 Manordale Drive | 218,900 | 225,000 |
| 2388 Mill Grove Road | 240,000 | 212,000 |
| 2523 Willowbrook Road | 250,000 | 201,000 |
| 3534 Myrna Drive | 174,900 | 166,000 |
| 2593 Old Washington Road | 159,900 | 155,000 |
| 353 Johnston Road | 129,900 | 132,800 |
| 310 Fort Couch Road | 10,000 | 10,000 |
Call me today if you are ready to buy or sell a home in Upper St. Clair, or in any of our great Pittsburgh communities.
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If you're getting ready to sell your house or just want to do some spring cleaning, holding a garage or yard sale can be a great way to clear out clutter and earn some extra cash. Here are some tips, provided by Bottom Line:
The best time to hold your sale is on a weekend when a local church or civic group is staging a large rummage sale. Many of those shoppers will visit nearby garage sales as well. For more information on successful yard sales, here's one website that might help.
Unlike the jump in real estate sales Mt. Lebanon had in April, home sales in Peters Township basically stayed at the same level as March (14 vs. 12).
Here are the Peters Township homes that sold in April:
| 320 Sugar Camp Road | 549,900 | 507,500 |
| 171 Bittersweet Circle | 458,000 | 442,500 |
| 324 Doubletree Drive | 455,000 | 438,250 |
| 103 Sunrise Lane | 450,000 | 435,750 |
| 300 Hedgerow Drive (New Construction) | 419,000 | 425,000 |
| 104 Spruce Drive | 434,900 | 420,000 |
| 105 Will Scarlett Road | 349,900 | 339,000 |
| 220 Timberlake Drive | 259,900 | 235,000 |
| 127 Carol Drive | 242,900 | 230,000 |
| 114 Pleasantview Drive | 229,745 | 215,000 |
| 842 E McMurray Road | 218,900 | 208,000 |
| 111 Parkwood Lane | 149,900 | 142,000 |
| 909 Bebout Road | 138,900 | 98,000 |
| 231 Center Church Road | 89,900 | 90,900 |
There are a lot of great Peters Township homes on the market, so give me a call if you want to take a look at what's available - especially while mortgage rates are still low.
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As temperatures continue to rise, so will electricity consumption driven by the use of fans and air conditioners. What can you do to stay cool and save money? Thanks to Green Home for passing along these tips:
The Department of Energy says the most effective way to keep your home cool is to prevent heat from building up in the first place. A big source of heat buildup is sunlight, absorbed by your home's roof, walls and windows.
So try a new paint job. Light colored surfaces effectively reflect most of the heat away from the house. Or, get out in your garden and plant some trees. Trees planted on the south and on the west sides will help keep your house cool in the summer, and still allow the sun to shine in the windows in the winter.
Try some of these tips to keep cool this summer and cut energy costs at the same time.
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