City of Pittsburgh at Night

Curbside cafes pulsate with the beats of a live salsa band; athletes training for a marathon breeze down city corridors on a daily, evening run; cars form a steady rivulet of traffic while they wait to enter parking garages in the theater district; as the sun sets, people gather at the fountain overlooking the river while a drummer syncopates the night with a heartbeat that beckons a new spring. This isn’t New York, Chicago, or New Orleans: it's Pittsburgh, and what's happening right under our noses is a transformation no one would have predicted a decade ago...

Resales in the downtown area are BOOMING, and it's no wonder, since residents there boast about the advantages and unprecedented reputation as a "luxury" community. So, what are some reasons savvy buyers are finally making the switch to city living?

  • Convenience— It's no secret: commuting on any of the major highways leading to downtown can be downright misery during construction, inclement weather, or on game days. Professionals living downtown have no commute and spend their time gathering for cocktails and theater shows while the rest of us breathe in exhaust fumes fantasizing about being home already!
  • Prestige— Living downtown isn't about cutting costs (except on the fuel saved by walking to work), rather, it's about purchasing a new lifestyle. There's an air of sophistication and prestige associated with urban living in Pittsburgh. Anyone who can nonchalantly say "oh yes, we saw the fireworks from our balcony after walking home from the baseball game," certainly has a bit of an edge when it comes to the popularity contest. A downtown pied-a-terre is an investment, but it's also an image upgrade.
  • Price— Those who bought yesterday are going to benefit big time tomorrow. Sale prices have been rising consistently year by year, and some condos that sold in the $500K arena are slated to sell in the $1M bracket in roughly another two years. Doubling on your investment, anyone? That would be a no-brainer for people looking to make a pretty penny on a community that has begun to practically sell itself to potential owners.
  • So, while you schlep your way back to your car some beastly hot August afternoon, take a good look around at the people sitting in the air conditioned windows of their custom condos sipping mojitos. A look will say it all, and what they’re saying is something you may have heard before...

    More on the pleasures of downtown living to come...