Foreclosures in Pittsburgh Area Fall 29 percent

Yes, the housing market is having a national crisis but the Pittsburgh area has remained stable. While yes there are foreclosures, they have fallen in numbers for the five-county area (Allegheny, Beaver, Butler, Washington, and Westmoreland) by 29.1 percent comparing to July 2007. These statistics were reported from RealSTATs, a real estate information company.

Amazingly, Allegheny County was down to 138 foreclosures from 231 in July 2007. According to RealSTATs Allegheny County’s peak foreclosure year was 2006.

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