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Updated over 7 years ago on . Most recent reply

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Alex Deacon
  • Investor
  • Pittsburgh, PA
1,024
Votes |
1,489
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Pittsburgh Hot spots

Alex Deacon
  • Investor
  • Pittsburgh, PA
Posted

I am seeing a spike in prices over the past 5 years in about 7 different areas of Pittsburgh. I try to focus on those areas but sometimes I feel its too late. I want to get there before the hype. I am trying to hone my skills to sniff out the next hot spot. Things I have been looking for is population growth, rise in sales prices, days on market, rental prices, economic development that may be coming to that area or the perimeter of the area that could cause a higher than average appreciation.

Anyone want to chime in on other indicators that they look for?

Most Popular Reply

Account Closed
  • Flipper
  • Pittsburgh, PA
345
Votes |
218
Posts
Account Closed
  • Flipper
  • Pittsburgh, PA
Replied

In the coming age of the driverless car, the commute distance and time to work versus the current stress level of the commute is going to become much, much more important than it is now. We've been looking at this closely.

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