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Pennsylvania Real Estate

The housing market in Pennsylvania is experiencing a moderate buyer's market, with many choices for buyers, sellers, and investors. Pennsylvania's job growth turned to the positive side after a significant drop in 2001. Since 2002, job growth has been on the rise, with job gains in every industry across the state. Pennsylvania is known as a historical state, home to Gettysburg, and many other Civil War attractions and museums. Pennsylvania is a desirable retirement spot, as retirees are not taxed in the state of Pennsylvania.

The home appreciation in general in Pennsylvania Real Estate is below the national average. Home appreciation continues to rise, but at a slower rate than other states. Resort properties are in high demand, and people are looking for the best deals on new construction. Known to be a mountainous area, Hidden Valley, Pennsylvania Ski Resort Areas are growing rapidly. With moderately priced resort housing, buyer demand is increasing, due to buyers not willing to accept higher prices at surrounding resorts. With no new construction at surrounding resorts, Hidden Valley is seeing a lot more buyer activity.

For commuters looking for a sanctuary, Upper St. Clair offers a wide range of existing homes, from upscale, executive homes, to, more reasonably priced homes. Upper St. Clair is a gold mine because it allows for many job opportunities (the close location to Pittsburgh), yet it also offers the small town, community feel. This area offers many conveniences such as: Blue Ribbon Schools, a thriving community infrastructure, parks and recreation facilities, local shopping and dining, and easy access to downtown Pittsburgh.


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