AARCO REAL Estate

At AARCO Realty, Real Estate is in our blood for over 50 years! As family owned and operated business founded by a World War II Veteran Edward Underhill, our business is all about being of service to people in the Pittsburgh area. Here is a link to an article by one of our family members, Michael Underhill, regarding how high net worth investors are approaching Real Estate investing in 2021. "Multifamily and industrial have become increasingly popular in light of disruptio...n that has hit other areas of real estate, adds Michael D. Underhill. Physical distancing has directly changed the way people inhabit and interact with physical space, and the knock-on effects of the virus outbreak have made the demand for many types of space go down, perhaps for the first time in modern memory, he says. In contrast, housing remains a necessity, and HNWIs also have discovered the positive impact e-commerce has had on industrial. Affordable housing in particular offers compelling investment and return opportunities because affordable housing in high-cost cities remains drastically undersupplied, notes Underhill." https://www.wealthmanagement.com//when-it-comes-real-estat See more

The housing market has been on fire this year with record-low mortgage rates and a sudden wave of relocations made possible by remote work. Meanwhile, home prices have pushed new boundaries as buyer demand continues to surge. As we near the end of 2020, here’s a look at the expectations of real estate expert Laura Underhill, Managing Broker for AARCO Realty. "We expect sales to grow 7 percent and prices to rise another 5.7 percent on top of 2020’s already high levels. While ...we expect mortgage rates to tick up gradually, sales and price growth will be propelled by still strong demand, a recovering economy, and still low mortgage rates. High buyer demand and still-lagging supply will keep prices growing, but at a slower pace than 2020 as buyers contend with mortgage rate and price increases that create affordability challenges. http://www.aarcorealty.com/ "While younger Millennial and Gen-Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings. Although supply is expected to lag, we do expect the declines to slow and potentially stop by the end of the year as sellers grow more comfortable with the market environment and new construction picks up. Single-family housing starts are expected to grow another 9 percent in 2021. On the whole, the market will remain seller-friendly, but buyers will still have relatively low mortgage rates and an eventually improving selection of homes for sale." Come visit our new website, browse our new listings and whether you are a buyer or a seller, we can help you find the solution to one of the hottest real estate markets in the country.

Congratulations to Leslee & Brian Keenan, found you the perfect home for you, not even for sale, but went above and beyond to find your dream home! See you next week for the sale of your home! I'm glad things worked out perfectly!

Beautiful 4-bedroom, 2 baths, pool, hot tub, located in lovely town of Bridgeville Pa. Close to I-79 south, shopping, Chartiers Valley School ! Updated kitchen. Baths! Come see our house open Sunday June 30 (1-4pm)