Buying Property in
Pittsburgh, Pennsylvania – USA

• Population of 370,000 in the city limits and 1.3 million including the counties.
• Unemployment rate is 6.9% which is well below the national average of 8.7%.
• Crime rate is 1.5% below the national average.
• 15 Fortune 500 companies headquartered in city.
• 34 colleges and universities located in Pittsburgh.
• Average of 3.9 million tourists travel to Pittsburgh per year.
• #1 city in America for green commercial real estate.

• PNC Bank is building brand new 850,000sq ft. LEED certified (green) building in downtown Pittsburgh.
• Business Week magazine rank Pittsburgh the 6th strongest U.S. housing market (September 2009).
• Moody's stated that Pittsburgh is among the 5 U.S. markets expected to fare best in 2010 (December 2009).
• National Association of Realtors reports that Pittsburgh median home sales rose 9% from February 2009 through February 2010. The national average was negative 2% (March 2010). It should be mentioned that in the first quarter of 2011 Pittsburgh median home sales prices rose 3%.
• Zillow.com ranks Pittsburgh the best city in America to buy foreclosed homes (January 2010)
• Forbes.com ranks Pittsburgh the #1 most liveable city in America (March 2010)
• Bloomberg Business Week ranks Pittsburgh the #4 most improved housing market (June 2010)
• Bloomberg Business Week ranks Pittsburgh among America's strongest housing markets projected through 2014 (October 2010)
• CNBC ranks Pittsburgh PA the #1 city in America to move to (October 2010)
• Business Times states that while other housing market home prices are at all-time lows, Pittsburgh is experiencing median home price increases (May 2011)
• The Street.com ranks Pittsburgh among the top 5 cities unaffected by the bad economy (May 2011)

• Population: 307,484 (-8.1% since 2000)
• Median Income: $37,461 (+31.0% since 2000)
• Median Home Price: $92,500 (+52.4% since 2000)
• Median Rent: $706