Calling Pittsburgh "the next Boston," recent analysis finds Pittsburgh and Cleveland are bucking trends in stagnant first-time buyer rates in the housing market.
Krista Francks Brock sums up the news: "A burgeoning young, knowledge-based workforce is contributing to housing and overall economic growth in Pittsburgh and Cleveland, according to the latest Home Value Forecast from Pro Teck Valuation Services." The forecast "ranked the housing markets top 200 core-based statistical areas based on home sales, home listings, prices, inventory, days on market, sold-to-list price ratio, and foreclosures and REOs."
Some specifics produced by the forecast: "Currently, Cleveland homes remain 30 percent below their pre-crisis highs, although 'we are seeing Cleveland home prices on the rise as their relatively new knowledge-based economy takes hold,' said Tom O'Grady, CEO of Pro Teck Valuation Services."
The forecast references the work of the "Ranking America’s Top Young Adult Labor Forces: A Rust Belt Rising" study published last month by Cleveland State University.
Read the full story: Employment Gains Spur Housing Growth in Pittsburgh, Cleveland
Pittsburgh Median Home Price is Lowest in the US at $250K
After the collapse of the U.S. steel industry, the city was left with a glut of affordable homes.
Can Zoning Reform Save Pittsburgh’s Affordable Housing?
With home sale prices growing faster than anywhere in the country, the Steel City could enact major reforms to boost density and lower housing costs.
U.S. Housing Least Affordable in History
American households are spending more of their income on housing than at any other point in recorded history.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Amtrak, CN end decades-long dispute with eight-year agreement
The new operating agreement establishes an updated framework for the companies to work together, including processes to resolve disputes.
Judges permit Denver to divert 77,000 acre feet from the Colorado River for reservoir expansion
Overuse and climate change have caused the Colorado River’s water levels to plummet.
How ‘post-disaster gentrification’ alters neighborhoods after natural calamities
After hurricanes, fires or other calamities, the original residents of a community are often replaced by younger, wealthier residents.
Maryland local governments examine if they should have more power to raise property taxes
Maryland’s housing market is out of reach for the majority of moderate-income residents.
Northwest rail fans eager for Sept. 30 debut of Amtrak’s Airo fleet
Get ready for that new train smell and more seats. But they won’t go faster or run more frequently on the Cascades route in Washington and Oregon.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Harvard University Graduate School of Design
KFH Group Inc.
Greater Baltimore Committee
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello