Pittsburg, PA
Pittsburgh’s housing market is now neutral, data shows
PITTSBURGH (KDKA) — New data from home selling stats shows the Southwest Pennsylvania housing market is cooling.
The data shows it’s taking longer to sell homes in Southwestern Pennsylvania. So, does that put the area in a seller’s or buyer’s market?
It actually might be a neutral market. Now might be a good time to learn about it because according to the experts, a neutral market is what Southwestern Pennsylvania is.
Buyer’s and seller’s markets are determined by how long the average house takes to sell. If it takes more than 90 days, it’s a buyer’s market. If it takes less than 90 days, it’s a seller’s market. Right in the middle at around 90 days for the average house to sell is a neutral market.
Zillow and other data put Southwestern Pennsylvania at neutral, a change from the area’s previous place of a seller’s market.
“I still think that here in the western suburbs, like here in Moon, it’s still a seller’s market,” Berkshire Hathaway realtor Laurie Kelly said. “It might be slowing a little, but there’s not enough inventory here to substantiate even a neutral market.”
What does this mean for buyers or sellers? For buyers, continue shopping for your home. You are dependent on the sellers. But what about sellers? Kelly, a 17-year real estate veteran, said the days of highballing your listing are gone.
“They have to be very conservative now,” Kelly said. “If it’s going to shift, you don’t want to be behind the eight ball. You want to price it correctly.”
Some additional information for anyone thinking of listing now. Once school starts, we begin the slow season in real estate. The peak season is July through the mid-summer.
Pittsburg, PA
About 5 pounds of bees removed from Acrisure Stadium scaffolding ahead of Morgan Wallen concerts
Acrisure Stadium is buzzing with excitement ahead of the back-to-back Morgan Wallen concerts. Except it’s not the fans generating all the excitement — it’s about 5 pounds of honeybees.
The Fine Family Apiary in Monongahela said it was contacted on Wednesday about a swarm of bees clustered on the stage scaffolding. The apiary put the swarm in a “nuc box” and took them home before moving the bees into full-size equipment.
Owner Al Fine estimates the swarm weighed about 4 to 5 pounds and consisted of 12,000 to 15,000 bees. All said, it took less than two hours to get the job done.
Why do bees swarm?
Swarming is how honeybees propagate, Fine explained. According to Penn State Extension, during swarming, the queen and about half the workers leave their home to establish a new nest. The bees will form a temporary cluster, hanging out while scouts search the surrounding area for a more permanent home in hollow spaces like tree cavities or, occasionally, the walls of a home.
Swarms can stick around for several hours or days until they’re ready to move, Penn State Extension says. Meanwhile, the colony left behind is temporarily without a leader until a new queen is established.
With the swarm at Acrisure Stadium removed, Morgan Wallen’s show is ready to go on. The country music megastar will bring his I’m The Problem Tour to Pittsburgh on June 5 and June 6, along with multiple acts like Brooks & Dunn and Ella Langley.
On Sept. 17, multi-platinum country music star Luke Bryan will bring his Farm Tour to 1846 Farms near Latrobe.
Westmoreland County is no stranger to large outdoor concerts. Some may remember the Rolling Rock Town Fair in the early 2000s, while others may recall Luke Bryan’s stop at a farm in South Huntingdon Township just two years ago. Now the country music superstar is returning to the area.
The Unity Township farm’s general manager, Aleisha Stas, gave KDKA a tour of the family farm, which dates back to before the Civil War. She says Bryan’s team first reached out after finding the farm on social media, but she says at first, she and her family thought it was too good to be true.
“This was around April Fools, so we thought it was an April Fools prank,” Stas said. “My whole family, we were like, there’s no way this is about to happen. But this has been incredible.”
Stas says Bryan’s team is handling everything logistically from parking and bathrooms to deciding exactly where the concert will be staged.
“If we have it on this side of the property, we can hold 12,000 people,” Stas said. “And if we have it on (the other side) of the property, it can be up to 20,000. But we have not determined that yet.”
Many of those decisions will be made as September gets closer. In the meantime, however, the farm is holding off on planting in certain fields until the final concert location is selected.
And while hosting thousands of people may sound a little intimidating, Stas says her family is excited to welcome fans to the farm for what they hope will be a memorable night.
“Obviously, we’ve never had this many people here before, so it will be a new thing for all of us, but we are not worried,” said Stas. “Luke Bryan’s team are experts with this, and I think it will go great.”
Tickets for this concert are currently on sale, and they will run you about $77 per person, plus tax for general admission.
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