Monday, April 9, 2007

Getting Hip to Hot US 'Hoods

Appreciating property values usually indicate a hot spot for home buyers, and typically lead to growing popularity. In early March, BusinessWeek Online published a list of America's "up-and-coming" neighborhoods, the top ten US city 'hoods which are experiencing considerable growth. Determining factors associated with the top ten include a recent and rapid upswing in property values, alongside prime locations, but still affordable prices on average. Area perks such as great schools, improved crime rates, high employment, and access to public transportation have also made these 'hoods increasingly appealing to price-sensitive buyers.

Top Ten "up-and-coming" neighborhoods
1. Boston: Dorchester
2. Chicago: East Garfield Park
3. Denver: Civic Center
4. Los Angeles: Pico Union
5. Miami: Little River
6. New York: Kingsbridge Heights, the Bronx
7. Phoenix: Cashion
8. San Francisco: Mission Bay
9. Seattle: University District
10. St. Louis: Tiffany
Think these 'hoods are really hot or just hot-headed?

To read more on BusinessWeek Online, visit:
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