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Western Pennsylvania’s housing market took a hit last year that real estate agents attributed to higher mortgage rates that priced some buyers out of the market and fewer homes being available for those ready to make a move. “All the companies were down about 131⁄2%,” said Dennis A. Cestra Jr.,
Aiding this effort are millions in federal aid, an academic study into part of the Section 8 program, new employees and board members.
A lawsuit pitting owners against the county and school districts is winding down, bringing a change in how property taxes are calculated.
Although housing prices have hit record highs this year, some U.S. cities still offer a steady supply of affordable homes.