Real Estate Revelations — Market Trends, New Dining Spot, and Smithfield Street’s Future

Hi everyone,

I hope this email finds you well as we dive into another week of Real Estate Revelations! This week, I’m sharing exciting local events, market insights, and a standout property that’s sure to catch your eye. Whether you’re looking for a fun night out, staying informed about Pittsburgh real estate, or just love unique facts about our city, I’ve got something for you.

If your new here or reading this for the first time I’m Pittsburgh’s Go-To Realtor, Expert in Luxury Homes & Strategic Real Estate Solutions, and someone who’s proud to combine small-town roots with big-city results. Over the years, I’ve sold millions of dollars worth of real estate, met some incredible people, and had the privilege of helping them buy and sell some truly amazing properties.

Let’s dive into this week’s Real Estate Revelations!

Local Highlights

In Pittsburgh news this week:

• Ugly Sweater Party Tonight
  Don your most festive attire and head to Il Tetto Rooftop Beer Garden at Sienna Mercato for their Ugly Sweater Party tonight, December 13, from 8:00 pm to 11:30 pm. Enjoy themed drink specials, music by DJ Worldwide Waxx, and a chance to win prizes in the Ugliest Sweater Contest. Admission is free, but space is limited. Event Details

• New Restaurant Opening: Palm Palm
  Pittsburgh real estate executive and restaurateur Herky Pollock, along with his wife Lisa and partners Chef Ed Smith and Amanda Smith, are set to open Palm Palm in late spring 2025. Located at 5996 Centre Avenue in the Eastside shopping and dining complex, this new restaurant draws inspiration from Palm Springs, offering a vibrant mix of South American and Californian cuisine. Learn More

• Smithfield Street Revitalization
  Downtown Pittsburgh’s Smithfield Street is undergoing a transformation. A partnership between the Pittsburgh Downtown Partnership and the City of Pittsburgh aims to reimagine this historic thoroughfare, enhancing its appeal and functionality. Plans include converting 4 Smithfield Street into a 46-unit apartment building, with 39 units designated as affordable housing. Read More

Market News

Pittsburgh Housing Market Trends
Recent data indicates that Pittsburgh's housing market is now neutral, transitioning from a previous seller's market. Homes are taking longer to sell, averaging around 90 days, which balances the dynamics between buyers and sellers. This shift suggests a more stable environment for both parties. Full Report

Standout Properties

This week’s hidden gems:

• Standout Property

  • Charming Friendship Park Home
    Located at 332 West Penn Place, this beautiful brick Craftsman-style home offers 4 bedrooms and 1.5 bathrooms. Situated steps from West Penn Hospital and the vibrant shopping and dining scenes of Lawrenceville and Bloomfield, it features hardwood floors, decorative fireplaces, and a kitchen with sleek granite countertops. Enjoy the spacious yard and covered porches. Listed at $445,000. View Property

  • Modern Lawrenceville Townhouse
    This contemporary 3-bedroom, 2.5-bathroom townhouse boasts an open floor plan, high-end finishes, and a rooftop deck with stunning city views. Located in the heart of Lawrenceville, it’s within walking distance to boutiques, restaurants, and nightlife. Listed at $525,000. View Property

Homeowner Tip

Preparing Your Home for Winter
As temperatures drop (they kind of already), ensure your home is winter-ready:

• Inspect Heating Systems: Schedule a professional check-up for your furnace or boiler to ensure efficient operation.

• Seal Gaps: Check windows and doors for drafts and apply weather stripping or caulk to prevent heat loss.

• Clean Gutters: Remove leaves and debris to prevent ice dams and water damage.

What I’m Reading

"Your Next Five Moves" by Patrick Bet-David
This insightful book delves into strategic planning and self-awareness in business. A standout quote:

This quote, originally by Benjamin Franklin, emphasizes the challenge of self-discovery.

Something Fun

Pittsburgh: The City of Bridges
Did you know that Pittsburgh is often referred to as the "City of Bridges"? With a total of 446 bridges, it surpasses even Venice, Italy, which has 443 bridges. This impressive number is due to the city's unique topography and its three major rivers—the Allegheny, Monongahela, and Ohio—that necessitate numerous crossings. Learn More

Thinking About Buying or Selling?

Let’s chat about how to navigate Pittsburgh’s real estate market. Whether you’re looking to buy, sell, or invest, I’m here to help. Hit reply, or schedule a consultation here: 15 Min Consultation

See all available times

P.S. Forward this email to a friend who might find these updates useful!

Need to know how much your home is worth? Enter in your information below 👇

Thanks for letting me be a part of your inbox this week! I hope you found these insights helpful, whether you're a curious Pittsburgher, a buyer, a seller, or an investor. As always, I’m here to answer any real estate questions or just chat about the market.

Wishing you a wonderful week ahead,
Tim

Tim Pettigrew
Realtor | eXp Realty
📍 Serving Pittsburgh and Surrounding Areas
📞 412-545-6006 | ✉️ [email protected]
🌐 Visit My Website

Disclaimer:
This email is intended for informational purposes only and is not intended to be a solicitation if your property is currently listed with another broker. All real estate information is deemed reliable but not guaranteed. Please consult a professional for specific advice.

Unsubscribe:
Don’t want to receive these emails? No problem!