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Pittsburgh Ranks The Healthiest Residential Market

By
Real Estate Agent with Your Town Realty

Study: Pittsburgh ranks as healthiest residential market in the United States

 

    Tim Schooley   Reporter- Pittsburgh Business Times

Pittsburgh beat out the California metros of San Jose, Santa Rosa, San Francisco and Los Angeles as the healthiest residential real estate market in the United States in a new ranking by Zillow compiled by the Motley Fool.

According to the ranking, fewer than 4 percent of Pittsburgh homeowners with a mortgage are in any state of delinquency, far and away the lowest on the list.

The ranking was based on a formula that includes home value increases or decreases, average number of days on the market along with various measures of the financial health of home owners.

 

Pittsburgh achieved a score of 9.72 on a 10-point scale.

 

Comments (2)

Angela Griffith
Downing Frye Realty, Inc. - Bonita Springs, FL

Wow, interesting.  I grew up in Pittsburgh and just visited a few weeks ago.

Aug 26, 2014 09:11 PM
Steve Warrene
Your Town Realty - Lower Burrell, PA
Pittsburgh Realtor North and East Pgh.

Its a grat city to be part of.

 

Aug 27, 2014 08:26 PM