Housing is appreciating and bankruptcy fillings are declining
Dear Friend,
The Denver region led all other regions in the most recent 12-month period with a housing appreciation rate of 2.9 percent; Pittsburgh ranked second at 1.1 percent. Pittsburgh's five-year appreciation rate, however, was 5.8 percent; all other regions had negative 5-year rates.
South Side rooftops Photo by Jim Judkis
Bankruptcy filings declined in the third quarter of 2012 compared to the same quarter last year. The total filings nationwide declined by over 14 percent, with Pittsburgh experiencing a year-to-year percent change of 17.87 percent.