Michael Totin, Realtor

Michael Totin, Realtor PA Licensed Real Estate Professional

02/05/2024

Market Update looking into 2024

•The FED is planning on cutting rates in 2024, with projections aimed toward the May 1st meeting
•For every 1% drop in mortgage rate, 5 million more buyers enter the market.
•If unemployment numbers reach over 4.2%, expect more rate cuts.
•Expected home appreciation in the Pittsburgh area is approximately 4.5-5% in home values in 2024.
•Supply and Demand:Prices are not set to drop - compared to the market crash of 2008, there are now 39 MILLION more people competing for 3 million fewer homes.
•Since 1942, home prices have appreciated nationally 75 out of 81 years..

Want to get started? Or just want to talk real estate investing/financing/strategy? Give me a 📞 or 📧

11/23/2023

Happy Thanksgiving to all today! Enjoy your families, friends and all the amazing food today offers🦃 For anyone working today you are all appreciated!🙏

09/12/2023

Though I’m not always active on here, I’m always available on my personally account Michael Totin to help anyone with any real estate needs, even if you just have questions!!

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8858 Covenant Drive
Pittsburgh, PA
152

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