Pittsburgh's residential and commercial real estate markets are bucking the national trend down. Moody's recently rated the commercial market number one. The New York Times reported that most residential markets were down in 2008, while Pittsburgh enjoyed a 2.2 percent gain. Pittsburgh Business Times Article
1 comment:
Pittsburg may not of experienced the speculation as other areas had. So, it doesn't have the same problems of bad mortages and huge run up in price, the lower rates and moderate pricing is a positive thing for a normal market.
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