Pittsburgh was lucky enough to avoid Forbes’ list of the 10 most miserable cities. If you check the comments from Pittsburgh residents on some of the articles that have painted Pittsburgh as an up and coming city that has rejuvenated itself following the collapse of the steel industry, you might be surprised that some [...]
Both Pittsburgh’s residential real estate market and commercial real estate market have received praise for their strength in recent days.
Moody’s ranked the Pittsburgh commercial real estate market the best in the nation in its latest survey of the market in 60 metropolitan regions. Back in 2005, it was ranked among the worst for [...]
The New York Times earlier this month did a news story on Pittsburgh titled, For Pittsburgh, There’s Life After Steel. It spins a story of a relatively recession-proof city that has turned the corner in its economic transformation. Although it faced tough times when others prospered, it now finds itself in the sweet [...]
As the Pittsburgh Steelers host the Baltimore Ravens in the AFC Championship Game at Heinz Field today, I decided to check on the progress of the North Shore Connector, which will likely be used by many fans for transportation to the Steelers games when it is completed in 2011.
This past week, the tunnel boring machine [...]
Allegheny County (the county surrounding and including Pittsburgh for those not familiar with the area) has joined the growing list of communities that are struggling with a solution to the foreclosure problem. Pittsburgh adds a bit of a different perspective to the nation’s housing problems, as many areas of Pittsburgh did not undergo the [...]
Apparently, community leaders around the Baum-Centre Corridor are attempting to get Giant Eagle to put a new shine on a GetGo gas station (discussed in the Tribune-Review). But Giant Eagle’s efforts to create an inviting and innovative gas station convenience store mix aren’t nearly as interesting (since we’ve heard them before) as this comment [...]
The obvious, and perhaps more relevant for most Pittsburgh Homes Daily readers, question that follows from yesterday’s discussion of commercial real estate in Pittsburgh is, “How is the residential real estate market in Pittsburgh fairing?” So I sifted through recent news reports for information about the Pittsburgh housing market and here’s what I found:
PRICE
Realstats [...]
After writing yesterday’s post about Pittsburgh’s economy, I did a quick search of the local newspapers to see how the commercial real estate market was doing in the Pittsburgh region.
Despite concerns around the nation that commercial real estate will follow the downtrend in the nation’s residential housing market, and the postponement of the downtown housing [...]
Pittsburgh seems to be moving to the beat of a different drummer recently. I’ve frequently seen the comment that Pittsburgh’s real estate market didn’t have the excesses of other markets and so wasn’t experiencing the same downturn in the housing market. If that’s true, then the current housing created nationwide economic slowdown might [...]
Construction workers should be back to work on the North Shore of Pittsburgh casino by the time you are reading this post. Holdings Acquisition, headed by billionaire Chicago businessman Neil Bluhm, closed on the financing for the purchase of 75% of the Majestic Star Casino in Pittsburgh after construction stopped on the project in [...]
