The markets that have a high concentration of technology and energy firms might see a different picture next year. Because technology and energy sectors have been experiencing strong growth lately, leasing demand in such cities should begin to fall in line with supply. The outperformers will likely include San Francisco, Seattle, Houston, Oklahoma City and Pittsburgh.
Pittsburgh is an employment hub. People who are looking for work are moving to Pittsburgh. Young adults looking for somewhere cool to hang out are showing up in Pittsburgh.
2012 is shaping up to be a very good year for Southwestern Pennsylvania. Leave the "smart decline" to Phoenix and other Sun Belt bust towns. Come find out why so many other cities are studying Pittsburgh's success story.