Tag Archives: stable

Pittsburgh Ranks Number One

The housing market has had its ups and downs this past year, but if you live in Pittsburgh, PA or the surrounding area, you are in a great place. Pittsburgh never had a housing bubble and is expected to be number one this year with growth in the housing market.

If you are not from the area and are thinking of moving to a new city, what a great opportunity for one of your biggest investments, your home.

“If there’s a bright spot, it’s pockets of the Midwest — states like the Dakotas, Kansas, and Nebraska, which have stronger economies based on agricultural and energy industries.

Then there’s Pittsburgh, which didn’t have much of a housing bubble to begin with and is the only market projected to grow next year, up 0.41%.” Â Â Â -Quoted from CNN/Money.com

According to this article above Pittsburgh is the number one city in the Nation for increased price change projection form 2010.

The Pittsburgh area with its seven counties generally ranks in in the top 50 most affordable US housing markets according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).

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Photo Copyright, 2009, Amy S Myers

Pittsburgh Stays Strong With Healthcare and Technology

Every day I continue to read great things about Pittsburgh. After the steel industry went out years ago, focus was put into education centers and that blossomed into a city with great strength in healthcare and technology.

“Unemployment is 5.5 percent, far below the national average. While housing prices sank nearly everywhere in the last year, they rose here. Wages are also up. Foreclosures are comparatively uncommon.

A generation ago, the steel industry that built Pittsburgh and still dominated its economy entered its death throes. In the early 1980s, the city was being talked about the way Detroit is now. Its very survival was in question. ”

Quoted from the New York Times

Read more about what they have to say.

Lots of Fun Things Going on in Pittsburgh

I was delighted to hear that fun things are happening in Pittsburgh. Did you know that Pittsburgh has a large working population which has increased by 28,000 since 1996? Large companies have announced moving headquarters downtown bringing even more jobs in. Read more exciting news about shopping and restaurants.

“In the face of gloom and doom spreading across the country, Pittsburgh’s Downtown is enjoying a bit of a building boom in housing, office development and retail.

The former Lazarus store is being converted into condos, shops, restaurants and offices.” and there is more.

quoted from:Â http://www.post-gazette.com/pg/08341/932158-65.stm

Pittsburgh in Top Six Safe Haven US Cities

Kiplinger’s News reports that Pittsburgh makes the list for top Safe Haven Cities in the US.

We found six cities with slow, steady growth,” the article says and also says, ” . . . the properties have retained their value. This “Pittsburgh paradox,” as it’s called by locals, is attributed to the city’s steady population growth and the construction of new, high-value homes.”

See all the cities and their strong points in this full article. Interestingly enough, Lancaster, PA is among them.


Photo Copyright by Amy S. Myers, 2007