'We Buy Houses': Decline and Opportunity in Pittsburgh's East Suburbs
Penn Hills, Pennsylvania's foreclosure woes have left it in deep trouble. At least two entrepreneurs are cashing in.
Matt Stroud and Matthew Newton
Go anywhere in the Pittsburgh metro area and it’s possible you’ll see 12-inch square signs, white or yellow, emblazoned with "WE BUY HOUSES" in bold, blue sans-serif font. But if you’re in Penn Hills — by far the largest municipality in Allegheny County outside the City of Pittsburgh — it’s virtually impossible that you won’t see one of those signs.
They’re everywhere. And that’s because Penn Hills is in trouble.