According to a recent report by Nationwide Insurance, Pittsburgh is one the few major metro areas that has experienced sustained growth in the housing market.
Pittsburgh was ranked number 19 out of 40 cities that also included Philadelphia, Cincinnati, Louisville, Milwaukee and New York City.
In addition to the sustained growth, Nationwide suggested there is no chance of a downturn in the housing market for the near future. The energy market’s decline has caused housing issues in states like Louisiana and Texas, but has not seemed to impact the Commonwealth.
You can read the entire Pittsburgh Business Times article by clicking here.
The headlines keep coming. First, Zagat named Pittsburgh the No. 1 food city in America. Vogue has a piece that proclaimed, “Pittsburgh is not just a happening place to visit — increasingly, people, especially New Yorkers, are toying with the idea of moving here.”
The people that are making Pittsburgh more and more of a popular destination are…….young people. Not what you would expect from the Steel City. But, according to a recent New York Times article, “Cheap rent and a voracious appetite for culture have attracted artists. Cheap rent and Carnegie Mellon University have attracted companies like Google, Facebook and Uber, seeking to tap local tech talent. And cheap rent alone has inspired chefs to pursue deeply personal projects that might have a hard time surviving in the Darwinian real estate microclimates of New York and San Francisco.”
It’s a fantastic article that’s worth the read!
Congratulations to the women recently recognized as extraordinary leaders and business influencers by the Pittsburgh Business Times.
The real winners are the local businesses and organizations who benefit from this remarkable talent.
Click here to read profiles on each of these exceptional women and what they do for our community, Pittsburgh and Pennsylvania.