FOR IMMEDIATE RELEASE:

With the national stories of crisis in Las Vegas, Arizona, California, and Florida - it's easy to think that Pittsburgh and other cities share the same troubles. The fact is that on a weekly basis it seems that Pittsburgh has been given another award, listed on another top 20 list, or chosen to host another big event. Take a look at the stories below for a few examples:
US News & World Report: "10 Cities Primed for a Real Estates Recovery"
"This once industrial city wriggled out of the Rust Belt years ago, and the economy now revolves around medicine, technology, and higher ed. At 7.7 percent, the unemployment rate is nearly 2 percentage points lower than the national average. Few people got rich in Pittsburgh during the real estate boom, which seemed to pass the city by. But the bust has spared Pittsburgh as well, with home prices remaining more stable than in most other markets. That leaves the Steel City primed for a recovery."
BusinessWeek: "America's Cheapest Housing Markets"
"In these markets, it costs barely more to buy than it does to rent. So what are you waiting for?" - Guess who is ranked #2?
Zillow.com: Pittsburgh Home Values Have Increased 5.7% Year Over Year!
That's right! You keep reading about home values dropping by 30% or more, but you won't find that here. The link also includes data on several surrounding areas.
Housing Market Stabilization 'Undeniable': 5 Things to Know
The July home sales report from the National Association of Realtors seems to be pointing at a national trend.