Housing

Housing
3:30 am
Mon July 7, 2014

Report: Pittsburgh's Housing Market Among the Nation's Most Stable

A recent study found Pittsburgh as having the second most stable housing market in the U.S.
Credit Flickr user josepha

Pittsburgh has one of the most stable housing markets in the country, according to a new report.

The study, conducted by Zillow Real Estate on behalf of Bloomberg.com, listed Pittsburgh as having the second most stable housing market behind Buffalo. Louisville, Nashville and Raleigh rounded out the top five.

Analyzing housing prices from 1979 to the present, Zillow and Bloomberg used a five year rolling average to calculate changes in home prices to establish a risk of loss percentage.

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Government & Politics
1:00 pm
Thu June 12, 2014

Senate Mulls Plan To Boost Affordable Housing

Affordable housing hasn’t been an agenda-topper for state lawmakers this year faced with too many line items and not enough money. But a bipartisan group of senators are backing a plan that could boost residential housing stock by letting the real estate market do the heavy lifting.  

The state’s one percent tax on real estate transfers is being eyed as a way to pay for it.

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Community
5:13 pm
Thu June 5, 2014

Peduto Part of Group of Mayors Battling Homelessness Among Veterans

Pittsburgh Mayor Bill Peduto is one of a group of more than 75 Mayors and county officials who’ve signed on to a nation-wide plan to end homelessness among those who’ve served in the military. First Lady Michelle Obama this week kicked off the Mayors Challenge to End Veteran Homelessness.

“It really is a call to mayors and other elected officials to focus their attention on veterans who are homeless in our communities,” said Jane Vincent, regional administrator for the U.S. Department of Housing and Urban Development (HUD) in Philadelphia.

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Housing
7:48 am
Tue May 27, 2014

Pittsburgh Housing Survey Details Ownership Rates, Neighborhood Diversity

“Obviously beauty is in the eye of the beholder,” concludes Jeff Fraser, senior editor for the benchmarking agency PittsburghTODAY, which asked Pittsburghers to assess the condition of their homes.

“When people rate their own homes, they tend to rate them much higher than the city does,” Fraser said. But when we also asked people to rate the conditions of the houses and buildings in their neighborhood other than their own, they tend to be a much harsher critic of their neighbors’ homes and buildings.”

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Essential Pittsburgh
4:59 pm
Wed January 15, 2014

A Growing Need for Affordable Housing & Sustainable Communities

This is just one of the options that ACTION-Housing provides for low-income households.
Credit ACTION-Housing Inc.

Many Pittsburgh neighborhoods are experiencing a resurgence in new development. As new homes and businesses take shape, affordability is crucial in some low-income areas, such as Uptown and Hazelwood.

Linda Metropulos is Director of Housing and Neighborhood Development at Action Housing, a non-profit that uses sustainable design to build affordable communities.

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Housing
1:21 pm
Thu September 12, 2013

Pittsburgh Housing Market Continues Upward Trend

More homes sold in the Pittsburgh area last month than a year ago, and they were scooped up more quickly — at higher prices.

That’s according to the West Penn Multi-List which reports that in the 13-county region, 3,817 residential homes were sold last month, up 14.7 percent from August 2012. Those homes were on the market for 72 days compared to 82 days a year ago, and the average sales price rose 2.6 percent to nearly $178,000.

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Energy Efficiency
5:15 pm
Tue March 26, 2013

Pilot Program Seeks to Help Allegheny Co. Families Deal with Energy Costs

U.S. Rep. Mike Doyle applauds new energy initiative that seeks to prevent home foreclosure in Allegheny County.
Credit Margaret J. Krauss / 90.5 WESA

A pilot program in Allegheny County seeks to keep families in their homes by lowering their energy bills.

The Energy Efficiency Foreclosure Prevention Initiative (EEFPI) is a partnership between the Pennsylvania Housing Finance Agency (PHFA), ACTION-Housing, Inc. and four area utility companies.

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Housing
10:44 am
Wed February 20, 2013

Federal Housing Regulators Clarify Anti-Discrimination Policy

The US Department of Housing and Urban Development has issued a new rule regarding the enforcement of the Federal Fair Housing Act and instances of discriminatory impact.

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