COVID-19 has begun to cause a foreclosure crisis across the United States and the number of foreclosed properties in the Pittsburgh market is growing
PITTSBURGH (PRWEB) October 22, 2020
Off Market Pittsburgh, a real estate investment company that specializes in securing off-market residential and commercial real estate in the greater Pittsburgh region, invites local real estate investors to discover its increased inventory due to market effects caused by COVID-19. As the number of sheriff sale and foreclosed homes increase at accelerating rates, now is an opportune time for investors and cash buyers to purchase a property through Off Market Pittsburgh and receive significant savings off retail values.
“COVID-19 has begun to cause a foreclosure crisis across the United States and the number of foreclosed properties in the Pittsburgh market is growing,” said Kyleigh Haynes, Owner, Founder, and CEO of Off Market Pittsburgh. According to CoreLogic, the number of US mortgages that are at least 90 days past due more than doubled from May to June of this year. By September, about 7% of all active mortgages countrywide are still in mortgage forbearance programs, according to Black Knight, a mortgage technology and data firm. “At Off Market Pittsburgh, our array of local connections allows us to obtain these foreclosed and off-market houses for sale at significant discounts which we then pass on to our customers. As more incredible off-market properties become available each day, now is the right time to buy and we’re here to help our customers buy right,” says Haynes.
Off Market Pittsburgh’s inventory is priced at 30-70% below retail values with properties encompassing everything from turn-key homes and apartment buildings to fixer-uppers. With properties located in western Pennsylvania and eastern Ohio, Off Market Pittsburgh’s inventory is ideal for real estate investors, house flippers, landlords, or even traditional home buyers looking for a great deal.
For more information, visit http://www.offmarketpittsburgh.com.