The Pittsburgh Real Estate Market

On May 26, 2010, The Pittsburgh TribLive reported that Pittsburgh home prices surged in April.

On April 20, 2010, The Business Times ranked Pittsburgh among most affordable housing markets.

On March 4, 2010, The New York Times reports on East Libery as a Slumbering Pittsburgh Neighborhood Reawakens.

On February 22, 2010, Forbes Magazine named Pittsburgh the best place to buy a house on its new list of America's Best Housing Markets.

On January 8, 2010, Yahoo Real Estate News reported that Pittsburgh would be one of the best five markets in 2010.

On November 23, 2009, The New York Times in an article on real estate in the Northeast said that Pittsburgh had the biggest price gain for October (2009). In Pittsburgh, prices inched up 2 percent from a year ago to $118,000, the only price increase in the region. Sales there (Pittsburgh) rose almost 11 percent.

On October 23, 2009, The New York Times in an article on real estate in the Northeast said that Pittsburgh had the biggest price gain and the most stable prices in the Northeast. For September, prices there remained flat from a year ago at $126,000, while sales increased almost 7 percent. Unlike other areas of the country, Pittsburgh's housing prices never boomed, so the downturn has been more measured.

On June 17, 2009, Brookings Institution List ranks Pittsburgh 18th in their list of the 20 economically strongest metropolitan areas.

On May 8, 2009, An article on cities in the northeast indicated that while sales were down in Pittsburgh, prices are up and houses on the market are receiving multiple offers.

In February 2009, KDKA reported that Pittsburgh was bucking the national trend in home sales.

In January 2009, the Business Times reports that Moodys reports that commerical real estate in Pittsburgh is the best of 100 major cities.

In January 2009, The Post Gazette reports that the city is Ranked first in real estate niche.

In January 2009, Forbes Magazine listed Pittsburgh as one of America's 25 strongest housing markets.

In December 2008, the Pittsburgh Tribune-Review reported that Pittsburgh home prices are holding, despite a nation-wide slump.

On January 22, 2009, NAIGlobal rated Pittsburgh as one of the best cities in which to ride out the recession.

First-time home buyer federal Tax Credit up to $8000.

For a rough idea of the daily mortgage rates, one can consult Bankrate.com. Rates vary based on many factors.


© 2010 Annette Banks