News & Updates

Alex Deacon’s Property Management Series (Audio): How To Interview Your Next Property Management Company

DHREA 04/01/2019

In his latest installment, Alex Deacon discusses the questions YOU should be asking your next property management company. Just like any other business relationship, don’t be afraid to treat it like an interview. Listen now!

Don’t miss Alex Deacon’s first FREE Real Estate Networking Workshop of 2019! Click the box below to reserve your seat in the room!

Detailed Game plan from A-Z for your next Buy and Hold

Saturday, Jan 12, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

14 Members Attending

This is a great session for those who want to buy and hold. This will give you an idea of realistic expectations that you can count on for your current and your future investments. We will look at some of my current and past buy and hold properties and take a close look to see what mistakes and successes I had made and lets learn from those and com…

Check out this Meetup →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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#TaraMTG Tuesday (On a Wednesday): Increased Mortgage Rates — Should You Still Buy In 2019?

DHREA 02/01/2019

(Every Tuesday we feature a blog from one of our fantastic affiliates, Tara Mortgage Services! We opted for Wednesday this week due to the holiday.)

Does the news of rising rates make you second guess buying your first home in 2019? It shouldn’t and here’s why:

Higher Rates But Not Frighteningly High

With headlines that read “Feds Hike Up Mortgage Rates — Highest Since 2014,” it’s no wonder that you doubt that it’s a great time to buy your first home. While it’s true that the mortgage rates are higher than 2014, historically, the increase tells a different and promising story. Homebuyers in 2017 took advantage of a prime environment that included higher employment rates and low mortgage rates.

However, we must keep in mind that although interest rates were low, they were, in fact, higher than they were in years prior!

As many of you can remember, 2008 marked the beginning of a horrific economy in the U.S. Unemployment inched closer and closer to 10 percent, and those that were employed didn’t have much job stability. Understandably, the Feds had to take measures to pull us out of recession by lowering rates –but the goal had always been to increase rates gradually as the economy recovered.

And that’s what they’ve been doing, slowly increasing in relation to the strength of the economy.

You Can Still Afford to Buy a Home Despite the Increase

In a competitive housing market, you’re worried that you’ll be outbid. But in a higher mortgage rate market, does that mean you’re out altogether? No!

While the current rate increase and planned increases by the Feds change things, it does not substantially change your buying power as a potential homebuyer.

How much you qualify for is more a matter of your income, debts, credit score, and the amount you can put as downpayment –and less to do with mortgage rates.

The rates do, however, impact your monthly payment. So for those homebuyers with a set monthly mortgage payment window, rising rates may change the listing prices of the homes you’re looking at. On the bright side, an increase in rates sometimes means lower asking prices –again, ensuring that you can still buy your dream home at a reasonable cost and affordable monthly payment despite higher interest rates.

2019 Is A Great Time To Buy A Home

Don’t let the hype of higher rates scare you into thinking you missed out on buying your first home. When you look at current mortgage rates in a historical lens, you’ll see that it’s a sign of a strong economy and the modest increase does little to affect your buying power.

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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2018 DHRE Year In Review!

DHREA 31/12/2018

2018 was an exciting year for Deacon Hoover Real Estate Advisors. Alex Deacon and Ian Hoover started with a vision to change the industry. A company that doesn’t hire any agent, we hire motivated hungry agents who want to learn and enjoy being taught the business of selling real estate.


Co-Owner & Associate Broker Alex Deacon and
Broker of Record & Co-Owner Ian Hoover address the crowd at the 2018 Holiday Banquet, held at The Meadows Racetrack and Casino.

In 2018, our team of Advisors worked tirelessly to produce numbers we never would’ve expected in our first year. We’re proud of our fantastic team and their hard work, which was truly the cornerstone of our success this year. In fact, DHRE finished in the top 15% of Western Pennsylvania brokerages (44th out of 308), and produced more than 16 RE/MAX Franchises, 17 Howard Hanna offices, and over 20 Berkshire Hathaway offices!

Speaking of our wonderful team of Advisors, let’s take a look at this year’s award winners:

2018 Pinnacle Award Winner and Multi-Million Dollar Producer Tony Angotti.

Tony Angotti was on fire in 2018! Tony earned the Deacon Hoover Real Estate Advisors Pinnacle Award recognizing the brokerage’s top producer, was a member of the Multi-Million Dollar Producer Club (grossing over 4.5 Million Dollars), and was also featured in Top Agent Magazine!

Along with his professional accolades, Tony married his wonderful wife Anna in October, and finally got to witness his Philadelphia Eagles win a Super Bowl. All was well with Mr. Tony Angotti in 2018!

2018 Multi-Million Dollar Producer Chris Ciccarelli.

Chris Ciccarelli had an amazing 2018. Always on the grind, Chris produced over 2.6 Million dollars to cement his place in the Multi-Million Dollar Producer Club!

Million Dollar Producer Jeremy Taggart receives his 2018 DHRE Rookie of the Year award.

Jeremy Taggart is an Advisor to watch out for! Jeremy finished strong in 2018, producing over 1.7 Million Dollars for the year. His hard work and dedication earned him the 2018 Deacon Hoover Real Estate Rookie of the Year Award!

Million Dollar Producer Ashley Johnston receives her award.

Ashley Johnston had one of the busiest years we’ve ever seen, and was still able to produce over 1.5 Million Dollars in 2018! Along with joining the Million Dollar Producers Club, her and her husband Blaine welcomed a new child into the world! Congrats Ashley!

Megan Clancy receives her Million Dollar Producer award.

2018 was an exciting year for Megan Clancy! When she’s not serving our country, Megan is landing in the Million Dollar Producer Club with over 1.1 Million Dollars produced! Megan also married her wonderful husband Matt this past September. Congrats on all your success this year!

(Applause break for all of our 2018 Award Winners!)

2018 was a fantastic year for Deacon Hoover Real Estate Advisors, but none of it would have been possible without the hardest working team in the industry! From our top-notch team of Advisors, to all of our fantastic partners, to everyone behind the scenes and in the offices, and to everyone we were honored to do business with this year…our successes would not have been possible without all of you! Here’s to an even bigger 2019!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
595 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

Blue Label Labs Featured Blog: Bringing Real Estate into the 21st Century with These New Technologies

DHREA 29/12/2018

(We’ve partnered with the great folks at Blue Label Labs to bring you this fantastic blog!)

Real estate is a massive industry with an incredibly high value—already over $1 trillion in New York City alone. Yet in contrast to many fields which have been eager to adopt and implement new technologies throughout their practices, real estate remains a relatively low-tech sector.

Although real estate continues to lag behind in its utilization of the possibilities offered by technological solutions like on-demand app development, artificial intelligence, and more, the industry’s major players are looking for ways to get ahead of their competition. Technology is affecting real estate in important ways and its prominence will only continue to increase in the near future.

Proprietary and Outsourced Solutions

Cloud services have already taken over multiple areas of the workforce. However, many real estate companies continue to compete using their own solutions, a significantly less efficient and more expensive model. Focusing on in-house development diverts important resources that could be used to improve more important aspects of the business.

Along with outsourcing workflow, real estate companies have also been behind other businesses in adopting technologies that could change the way they do business. In sticking to traditional real estate procedures, these companies are allowing their practices to become more and more outdated.

Aside from the cloud, the following are two additional technologies that have the potential to change the real estate industry.

Blockchain

Most people associate the word blockchain with Bitcoin, but the truth is that this technology has important applications in a variety of contexts. The market for blockchain is expected to reach $3 trillion by 2024, and it offers improved efficiency, transparency, and security compared to traditional alternatives.

Blockchain’s possibilities in the economy are just beginning to be explored, so it will likely be a few years before it’s able to have its full impact on the real estate industry. That said, many exciting startups are already working on discovering new ways to incorporate blockchain in the world of real estate.

Virtual Reality

Virtual reality offers an improved customer experience through the ability to see a house in detail without having to physically visit. Compared to traditional photos, or even video, virtual reality gives users a much more vivid experience and feel of a house or apartment.

As with blockchain, there are already businesses working on virtual reality solutions for the real estate market. While the industry has always been reluctant to move forward with new solutions and technologies, both blockchain and virtual reality have the potential to significantly affect how real estate operates.

Although there are exciting possibilities just around the corner, real estate is still in the early stages of this transformation. These technologies and others will likely begin to become more visible throughout the industry in the next few years. Many of the inefficiencies and inconveniences associated with purchasing and renting property will be improved through the use of these technological solutions.

(This blog was originally posted at BlueLabelLabs.com)

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
595 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

Alex Deacon’s Property Management Series: Quality v. Quantity

DHREA 27/12/2018

In his latest installment, Alex Deacon discusses the age old “Quality v. Quantity” debate. Is stacking your portfolio a smart move, or can less be more? Don’t miss this highly informative short!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
594 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

NEW LISTING! Cashflowing Triplex in Braddock. Property is only 23 years old!

DHREA 26/12/2018

🎈 NEW LISTING! 🎈

This triplex at 1728 Grandview in Braddock was built in 1995 and brings in over $1900 in combined rent! Each unit has 2 bedrooms and 1.5 bathrooms. Would be a cashflowing addition to any portfolio!

Give a look to the slideshow below, click this link for full property details, and contact Jeremy Taggart about this great investment opportunity today!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
592 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

Tara Mortgage Tuesdays: 5 Secrets To Buying A Home You’ll Love

DHREA 26/12/2018

(Every Tuesday we feature a blog from one of our fantastic affiliates, Tara Mortgage Services!)

Most tips for buying a home start with figuring out how much you can afford and applying for a home loan (which are great tips and we recommend you do both of those things when shopping for a new home).

But what else is there? Are there lesser known tips for buying a home that can make a big impact? Yes!

From both our experience and that of our real estate colleagues, these are the top little-known secrets for buying a home you’ll love.

Know Your Borders

There have been situations where the previous owners of the property “blurred” the legal property lines, taking a bit more space than is actually theirs. Rather than discover that you need to move your fence three feet inward or possibly have to remodel your garage because it’s extended too far past the property line, get a surveyor to map out the legal property lines.

Bigger isn’t Always Better

It’s the American dream to own a big home. Indeed, we often measure our success by how big or expensive our home is, and it’s only natural to want the nicest house on the block. But consider this: if you plan on re-selling your home, the best house on the block will appreciate less than the others. Home values are based not only on the individual home but also on the surrounding homes –essentially placing a cap as to how much houses go for in that area.

Don’t Try to Time the Market

You may hear terms like “buyers market” and “seller’s market” (we use these terms as well) but the reality is that ANYTIME is a good time to buy. Home prices and rates go in cycles, though they can’t necessarily be predicted. So if you are waiting for the market to be just right before you buy a home, you’ll be waiting a while.

Don’t Buy Solely On Emotion

Some people make the mistake of falling in love with a home so fast that it fogs their ability to see potential problems. For example, buying a home because it has a custom-built treehouse and playset for the kids but overlooking that it will add 20 minutes to your work commute is a problem. Buy on logic and instinct, and don’t rely too much on emotion.

Understand the Neighborhood Nuances

To get a real feel for what it’s like to live in the neighborhood, you have to visit it during various times of the day and night. For example, all may seem quiet on a Tuesday afternoon, but what you don’t know is that your future neighbor likes to work on his car Saturday afternoons with his tunes. Is that okay with you? Just like dating someone before you commit, date your neighborhood before you say yes.

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
592 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

🎈 PROPERTY UPDATE! 🎈: Gorgeous and newly renovated Upper St. Clair home is SOLD!

DHREA 23/12/2018

This beautifully renovated home on Sidgefield Ln in Upper St. Clair is now off the market! Be sure to watch the slideshow and check out the amazing work done by Shannon Staley and Sons!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
592 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

OpenListings.com featured blog: Is winter the best time of year to buy a house?

DHREA 20/12/2018
Is winter the best time of year to buy a house?

Even if you’ve never purchased a home before, you’ve probably heard the term “spring market.”

Traditionally, the warmer months were thought of as the only time to get into the real estate market, but that’s not always the case.

If you’re looking to buy a home without all the heat of a potential bidding war, here’s 3 main reasons why this winter just might be the best time to buy:

1. Sellers are more motivated

Calendars become packed around the holidays. Between social events and familial obligations, very few of us would want to add yet another thing to our already busy schedules — especially something as important as selling your home.

As a buyer, you can use this knowledge to your advantage.

Sellers who are willing to market their home during the winter usually need to move right away.

These sellers are moving for a reason — a new job, a progressing relationship, or a family emergency — that’s so important they’re willing to inconvenience themselves during the busiest time of year.

It stands to reason that, if they’re willing to compromise their time, they’ll probably be willing to negotiate on price, too.

While your real estate agent is ultimately the best person to help you decide how to make an offer based on your current market, it’s something to think about.

If coming in under budget is your top priority, buying in the wintertime is probably your best bet.

2. The house’s true colors come out

Let’s be honest: everything looks better on a sunny summer day.

The reason why most agents encourage their clients to sell during spring & summer is because it’s literally the best possible light.

You’re seeing properties in their prime — the most natural light, neutral temperatures, and landscaping in full bloom.

In the winter, sellers don’t have that advantage.

Buyers will know if the heat isn’t working correctly. They’ll know if certain windows are drafty, and with less daylight, there’s more of a chance buyers will see a property after dark.

As the buyer, you should always go into showings with a discerning eye, but shopping around in the wintertime can help make potential deal breakers seem more apparent.

If you’re buying in a cold, rainy, or snowy spot, you’ll want to give extra consideration to some winter-specific details about the home.

How much shoveling, if any, will need to be done if there’s snow? Will you need to contract with someone to bring in oil? Is the house drafty or well-insulated and seale?

Make note of these factors so they can weigh into your decision making process.

3. There’s less competition

Since spring is the dominant time to buy, there might be another unforeseen advantage: less competition.

Many buyers take the “wait until spring” approach and get started with the masses.

Whether it’s kickstarting a New Year’s resolution or timing a house hunt around the kids’ school year, you can bet that the market will be its most crowded in springtime, which means you’ll be fighting over inventory with everyone else who had the same idea.

While inventory can be more limited in the winter, so can the number of potential buyers you’ll be competing against.

Sellers will be grateful to have someone willing to brave the ice, snow, or chill (if you live in that sort of climate) to come see the property.

And since there are fewer interested parties, there’s less of a chance you’ll have to deal with a high-stress multiple offer situation.

This article originally appeared on OpenListings.

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
591 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

NEW LISTING! Great Investment Opportunity or Starter Home in Blackridge!

DHREA 19/12/2018

🎈 NEW LISTING! 🎈

This charming starter home or rental property is all brick, has 2 bedrooms and a traditional layout. Central a/c and integral garage also featured. Currently being rented for $815 a month!

Click this link for full property details, and contact Ian Hoover about this wonderful investment opportunity!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
591 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More