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Entries Tagged as 'Real Estate'

Pittsburgh’s Real Estate Market – From Worst to First

January 26th, 2009 · 16 Comments

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 owners […]

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Tags: Commercial Real Estate · Housing Market · Personal · Real Estate · Why Pittsburgh

90 Day Foreclosure Delay for Pittsburgh Residents

January 8th, 2009 · 7 Comments

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 rapid […]

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Tags: Allegheny County · foreclosure · Real Estate

Is the Baum-Centre Corridor Prime Real Estate?

August 27th, 2008 · 17 Comments

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 on […]

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Tags: Commercial Real Estate · East Liberty · Lawrenceville · Pittsburgh · Real Estate · Shadyside

Pittsburgh’s Housing Market Update

August 23rd, 2008 · 14 Comments

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 […]

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Tags: Housing Market · Pittsburgh · Real Estate

Pittsburgh’s Commercial Real Estate Market

August 22nd, 2008 · 7 Comments

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 […]

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Tags: Commercial Real Estate · Downtown · Hill District · Lawrenceville · Pittsburgh · Real Estate

Pittsburgh Casino Construction Resumes on North Shore

August 20th, 2008 · 11 Comments

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 June […]

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Tags: casino · Commercial Real Estate · Hill District · North Shore · Penguins · Pittsburgh · Real Estate

RiverParc Suspended

June 2nd, 2008 · 10 Comments

The downtown Pittsburgh cultural district project that was once called one of the linchpins of the revitalization of the City of Pittsburgh and a project without equal in the United States was indefinitely suspended last month by the Pittsburgh Cultural Trust. The Pittsburgh Cultural Trust blamed the poor economy and credit markets as the cause […]

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Tags: Commercial Real Estate · Downtown · Financing · Pittsburgh · Real Estate · Theater District

Pittsburgh Real Estate Market Heating Up?

May 21st, 2008 · 20 Comments

Dare I even suggest that the Pittsburgh real estate market is heating up in 2008? And to do so at a time when foreclosures in the Pittsburgh area set a near record in the first quarter, with economists believing that the Pennsylvania housing market could still get worse, and with the amount of sales activity […]

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Tags: foreclosure · Housing Market · Pittsburgh · Real Estate

The Problems of Foreclosed Homes

May 20th, 2008 · 7 Comments

Reuters had an article on Monday about the increasing number of squatters living in vacant foreclosed homes. It is written from the perspective of the mortgage companies and their real estate agents detailing the squatting problem. But I’m not feeling too sorry for the new owners of the foreclosed homes. They aren’t particularly good neighbors. […]

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Tags: foreclosure · Pittsburgh · Real Estate

Pittsburgh Home Price Forecast – Down 1.3% over Next Year

May 14th, 2008 · No Comments

Money Magazine’s Real Estate Survival Guide has published Fiserv Lending Solutions’ 1 year price change predictions for the top 100 U.S. Cities. Real estate values are expected to decline, on average, 9.7 percent in the United States over the next year. Pittsburgh’s prediction? A relatively modest loss of 1.3%. Prices are expected to increase in […]

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Tags: Housing Market · Pittsburgh · Real Estate