Speaking of real estate in general.. PG is catching up to the story that US Steel may move out of the US Steel Building.. Still some remarkable images from US Steel's history here that I posted last month. It's not like US Steel has not threatened to leave in the past. That ad I had there was a full page in both the PG and the Pittsburgh Press at the time. Ironic as well that US Steel might be moving out of the city just as Gulf might be moving back in.
oh.. and the number of real estate assessment appeals are in, and the headline is the number is way way down from previous experiences. Imagine how many fewer appeals there might have been if say the public discourse over it all had not been so bombastic. Note also that the ratio of appeals heard to the number cancelled due to lack of someone showing up is nearly equal. Makes me infer that the number of truly serious appeals is a lot lower than the number of appeals filed.
BTW.. some Pittsburgh love from KeystoneEdge on Adaptive reuse of real estate here. Still a big part of our story since Pittsburgh will long have one of the oldest real estate stocks in the nation. That won't change overnight, or for a long time really.
Back to the Trulia data..... You can see how much we stand out in their national map. If you want to compare us to parts of Florida which appear to be appreciating like we are, you really have to consider than in their case it is barely beginning to recoup what they lost in recent years. Florida real estate markets have plummeted from previous bubble levels, whereas our gains our on top of pretty stable prices over the same period. Just means I don't think the trends in the two regions are all that comparable in their 'green-ness' in this map.