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Pittsburgh Tops Realtor.com's Top 10 Cities Where Downtown Is Making a Comeback

3/31/2017

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We have some great news to share. Pittsburgh topped Realtor.com's list of the Top 10 Cities Where Downtown Is Making a Comeback!
Smithfield Street Bridge Pittsburgh PA
What does this good news mean for the Pittsburgh real estate market? The author of the article, Yuqing Pan, reports that "Such revivals boost property values to new heights and bring in some much-needed tourism dollars."

​The data team for the study considered several factors in the 200 largest U.S. cities. Some of the factors considered were downtown residential population growth since 2012, number of restaurants, bars, grocery stores, and food trucks per capita, number of jobs per capita, and growth since 2012. 
Top 10 Downtowns that are making a comeback Pittsburgh
Photo by Realtor.com
The article also went on to explain that Urban Land Institute calls these 10 downtowns "18-hour markets," which means they're a mix of shops, restaurants, and entertainment that "generate excitement deep into the night."

Pan reported that Pittsburgh's median home price in downtown is $353,000, which is a 31% growth since 2012. The population growth downtown was reported at 31%. 

Financial services worker Michael Zhong, who was quoted in Pan's article noted that "downtown was just a place where people worked," and said that "now more people stay, eat, drink, and hang out."

Due to the fact that Pittsburgh boasts a variety of cultural events, eateries, public art, and business opportunities, more and more people are flocking to the area. 

If you're looking to buy, sell, or rent in Pittsburgh or its surrounding areas, we have a team of licensed real estate agents ready to assist you!
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Welcome to Our Blog

3/28/2017

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Hello and welcome to the Southbound Enterprises blog! 

First and foremost, we want to introduce our business to you. We are a family-owned, full service real estate brokerage located in Western Pennsylvania. We specialize in real estate acquisition, development, investment, oil and gas properties, and property management. 
House for sale by Southbound Enterprises LLC
We provide services to our valued clients with the highest level of expertise, integrity, and professionalism. Each and every customer that is serviced by our team is treated as if there were a member of our own family. 

Our brokerage includes seven agents, a marketer, and an administrative professional. We're focused on staying abreast with emerging real estate markets in Western Pennsylvania, and our team is readily available to provide customers with an understanding of the individual markets we serve. To learn more about our hardworking staff, please visit our About Us page. ​

Our Team

We also invite you to check out some of the other pages on our website, including our featured listings, properties for rent, property management, and oil, gas, and minerals pages. 

Thanks for visiting our blog. We look forward to working with you!
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    Hello and welcome to the Southbound Enterprises Blog! Find out more about us and what we do here.

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