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Buying a Home in Pittsburgh

By William Hauselberg Subscribe to RSS | April 19th 2012 | Views:
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One of the most vibrant and culturally distinctive cities in the United States, Pittsburgh beckons job seekers and home buyers from across the country with its strong healthcare and technology industries. From 19th-century North Side townhouses to modern downtown lofts to gorgeous single-family homes in the hills of Mount Washington, there are hundreds of homes for sale in Pittsburgh and beyond at any given time. The booming Allegheny county real estate market offers opportunities both for investors interested in up-and-coming neighborhoods like Shadyside and suburban Mount Lebanon.

A Unique Cityscape

Pittsburgh's unique topography makes it an exciting place to search for homes to buy. Nicknamed the "Golden Triangle," its central business district sits on a flat, triangular strip of land at the confluence of the Allegheny and Monongahela Rivers, which combine to form the mighty Ohio River. This is the flattest part of the city, boasting some of the most valuable Pittsburgh real estate available. Hundreds of new loft conversions have sprung up in the disused warehouses and other commercial spaces here during the past two decades, attracting a cadre of young families looking to live closer to the city's biggest employment cluster.

A number of historic neighborhoods radiate outward from the Triangle. Most of the homes for sale in Pittsburgh are located in vibrant inner neighborhoods like the South Side, where average home prices have appreciated by 50 percent over the past decade as new commercial development has revitalized the area. Southside Works, a popular multi-use development that repurposes former steel mills on the neighborhood's industrial waterfront, has provided a serious boost to the Pittsburgh real estate market as it continues to expand along the river.

Education and Information

Pittsburgh suffers from its long-running association with the American steel industry, which fell on hard times during the 1970s and never really recovered. Because of this, outsiders mistakenly assume that Pittsburgh has fallen on hard times. Of course, that couldn't be farther from the truth. The greater Allegheny County real estate market has been booming for years thanks to a steady influx of healthcare, robotics and information technology companies.

These new industries have had particular influence on the city's East Side, forming a jobs-rich technology cluster near the campuses of the University of Pittsburgh and Carnegie Mellon University. Many of the most desirable homes for sale in Pittsburgh can be found in this area, and their prices reflect it. Then again, the city's quality-of-life rankings and excellent job opportunities guarantee that any Pittsburgh neighborhood is a great choice for homebuyers.

William Hauselberg - About Author:
The author has an immense knowledge on Allegheny county real estate. Know more about homes for sale in Pittsburgh related info in his website.

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