Newsworthy
Forbes names Pittsburgh best housing market
Feb 22, 2010Forbes Magazine named Pittsburgh the best place to buy a house on its new list of America's Best Housing Markets.
Using the Housing Opportunity Index, a metric created by the National Association of Home Builders and Wells Fargo, the magazine said Pittsburgh's appreciating prices, affordability rating and low number of foreclosures, which help keep prices stable, all factored into the city's ranking.
Forbes said the decline of what it called Pittsburgh's "manufacturing-dependent economy," helped the region's real-estate market avoid the sharp increase in prices that occurred in other parts of the country.
Click here to read the full article at Pittsburgh Business Times