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The Latest Pittsburgh Real Estate News

8/14/2018

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The latest Pittsburgh real estate news, including a townhouse for sale with a tunnel and private elevator, why Pittsburgh is one of the most undervalued cities in the U.S., the opening of a "lifegiving plaza" in Braddock, and much more.
Pittsburgh real estate news
Downtown $2.25M Townhouse for Sale Features Tunnel, Private Elevator
"Just around the corner from offices for Reed Smith, Brunner and Key Bank is a townhome up for sale that could be a move-in ready luxury home for anyone wanting a short walk to work."

Commonwealth Court Upholds Sale of Former Gladstone School Building to Community Coalition
"Commonwealth Court on Friday upheld the sale of the former Gladstone Middle School to a group that aims to turn it into a community center and affordable housing, rather than to a tech company that offered the highest bid for the property."​

Pittsburgh, Philadelphia Named Most Undervalued Cities in U.S.
"According to SmartAsset, Pittsburgh nabbed top honors thanks to affordable housing and a highly educated population. The SmartAsset model suggests that living in Pittsburgh brings an estimated $175 per square foot in surplus value."

After Four Years, Pittsburgh Land Bank OKs First Property

"More than four years after the city passed legislation to create a land bank to tackle blighted, tax-delinquent properties, board members of the Pittsburgh Land Bank on Friday approved acquiring their first property."

Bargain Buys: The 10 U.S. Cities With the Most Homes Under $100K
"Pittsburgh is the poster child for the Rust Belt comeback. After a long slump, the Steel City has emerged as a magnet for young techies and creatives, as top-tier companies such as Google, Intel, and Facebook have established offices there. So maybe it's a bit of a surprise that many first-time buyers can still snag a two-story, three-bedroom Colonial with a yard in the $100,000 range."

Braddock Celebrates Opening of 'Lifegiving Plaza'
"Where eight years ago one of UPMC’s hospitals stood there now is the Braddock Civic Plaza, a football-field sized park and event space located off of Braddock Avenue. The roughly $1 million project has been years in the making: UPMC closed the hospital in 2010. Its demolition left a hole in the center of the borough."
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