After a series of holidays, the season for the real estate market can finally be considered open and the most important issue on the agenda is “what suburbs are at the peak of popularity in 2014?” In search of answers, we checked incredible amount of real estate sites, filtering those objects which are most frequently added to favorites. We tracked changes in prices and sales volumes. At the same time, we asked hundreds of Realtors to share with us their expectations and observations about the high demand for different suburbs. Preparing in a special shaker this cocktail of big data analysis and real human experience, we have created our own list of areas with the greatest popularity in the last four months. So without further ado, we present to your attention the hottest apartments in 2014!
First of all, what are people looking nearby the house? Of course, these are prestigious schools and cozy playgrounds – one of the most important musthave today. But in reality, our agents stressed that buyers today are mostly looking for good deals and a good barter than some special conditions.
Last year, when prices jumped by 13%, clients were looking for something simpler and made a compromise with themselves. Area may be more crowded and restaurants and shops may be of the middle class, but the main criterion is the price yet. Buyers adhere to this strategy.
Atlanta, GA
Morningside-Lenox Park takes popularity cause of its proximity to Virginia-Highland, the historical suburb of Atlanta, which is well-known for its green parks, wooden bungalows and small stores. At the same time, Lenox Park is considered as a more budget option than Virginia. Two major employers AT & T Atlanta and Emory University attract students and professionals.
Austin, Texas
District called Barrington Oaks takes a great place close to freeways 183, which is near to the largest shopping area in Austin. Here is easy to navigate and hard to get lost for everybody, it’s suitable for having a rest with whole family when children get back from school.
Baltimore, Maryland
Harper’s choice, as the area has a lot of fans due to its close proximity to the cities – Columbia and Ellicott. In half an hour away by car, Harper’s choice was called – the best bedroom community in 2012. It offers to its residents the newfangled buildings and romantic old town, with excellent infrastructure.
Boston, Massachusetts
Many factors affected on the popularity of East Cambridge, thanks to growth and development in recent years, it has gained an extraordinary demand. Technical market giants like Google, Amazon and Microsoft harmoniously settled at Kendal Square, peacefully developing side by side for 15 years. There is also public transport with the help of which you can get to the town.
Chicago, Illinois
Humboldt Park is a very attractive bedroom community for those who are looking for a house in the suburbs of Chicago. Large green parks, wonderful territory, and playgrounds – all these make the Humboldt Park attractive place to live.
Dallas, Texas
Hospitable Woodland Park is located near Greenwood Hills elementary, elite primary school; also in a walking distance there is a campus of University, making this place attractive for higher education.
Denver, Colorado
City Park, famous for its charming buildings which were built in the middle of the last century, has attracted a lot of people who desire to live there. Do not miss a couple of different bars, take a tankard of beer in the “Three Lions” and taste the tacos in the “Pinch Takueriya”.
Las Vegas, Nevada
The first thing that comes to mind is “Taj Mahal”, but not that one in India, and the casino of course. Wonderful movie with Sharon Stone long time ago gave to Vegas flavor and uniqueness. It is the dream city, here there is a house for any buyer. Large tracts of houses with buildings of the 1990s have become a rarity in the area nowadays.
Long Island, NY
Most owners of “Levittown” have expanded and restored their “Levit “houses, turning them into attractive properties with relatively low prices and convenient location near major highways of Long Island.
Los Angeles, California
Eagle Mountain is becoming increasingly popular, because it has something to offer the most capricious customers. Even when you are in the Los Angeles’ area, there is a feeling that you are in a small town full of well-kept houses with their own charming character, standing at the middle of the alley of perennial maples. Some customers prefer the proximity to the school, while others may appreciate the great stores and restaurants on Colorado Boulevard.
Orange County, California
East Tustin has a great demand due to its central location and its proximity to the prestigious area Irving, which is much more expensive in comparison with Tustin. Now the region is developing the shopping and entertainment spheres.
Philadelphia, Pennsylvania
Main reason of the popularity of Wayne is that it is a haven school district. It offers a wide selection of houses than other areas with the elite schools. Residents can get high-speed train from the city center and easily reach to all the attractions.
Phoenix, Arizona
Dream of Arizona is located in the foothills of the McDowell Mountains, the beauty of which is undeniable. In addition to beautiful views, this area is just in ten minutes away from restaurants, stores, world-class resorts and golf courses. For those who love to travel, Scottsdale Airport is located in close proximity. And the existence of prestigious schools makes Phoenix a cherished place to stay for the whole family.
Portland, Oregon
When Concordia University, a small private institution, decided to invest tens of millions of dollars in order to expand the institute to a prestigious college, measured and calm life began to bubble up. Concordia is experiencing a new economic and social dawn, residents enjoy an open and friendly atmosphere that prevails in the area.
Riverside, California
If you are thinking to buy a property in Palm Springs, then you are definitely a person with money. Here is middle-century architecture with its historical places, tennis clubs and groomed alleys. Originally, Palm Springs has been a place of suburban life of wealthiest Americans, but later became an independent area with well-developed infrastructure. A lot of finances are allocated for the restoration of old houses in order to recreate the spirit of antiquity in modern life.
Sacramento, California
East Sacramento is full of historic charm. Stroll down the street “magic 40th” and you will see the unique and beautiful houses built in the early 20th century. Residents of the district enjoy bike paths, streets lush in greenery, nearby cafes, and the possibility of the daily commute to high-speed train. The proximity of the city center, famous for its miscellaneous nightlife, is also a part of the overall charm.
San Diego, California
Padua is well-known for its educational structure. This is a great alternative for people who want to live not far from San Diego, but cannot afford to buy a house right in the city.
San Francisco, CA
Bernal Heights has its own “ego”, the feeling of city in the city. You are separated from the craziness of the big city, but at the same time you are pretty close to enjoy all the pleasures of nightlife in San Francisco. Buyers of property in Bernal Heights attract access to Cortland street boutiques, beautiful parks, as well as a strong sense of community. People consider this place for living, and not as a terminal station, so the competition in this area is huge.
San Jose, California
Cherry Chase is the preferred area for buyers who are considering the field of Sunnyvale and Cupertino. The location is fantastic – in the city center between Mounting View and Cupertino, in a few steps from the world’s largest corporations such as Apple and LinkedIn. Cherry Chase isn’t the last place in the ranking of schools. Competition in this area is really hard, sometimes, you can witness the war for the right to purchase the property and the prices are usually exorbitant. Successful buyers in this market have a very strong financial support.
Seattle, Washington
Finney Ridge is still known for its grocery farmer’s market, prestigious schools and active neighboring communities. However, Finney also transformed to a hippie destination with fantastic restaurants, wine bars, and designer boutiques with quality clothing. Houses have a classic view, which is what solid people need, without mentioning the scenic of landscapes of the mountain range.
Washington, DC
Upper Chevy Chase became a popular destination for buyers looking for a single family house and a prestigious school nearby. Prices in Chevy Chase are much lower than in Georgetown, moreover single-family houses are rarity in Capitol Hill. People are happy to settle in the Upper Chevy Chase, knowing that they will have elite schools within a walking distance, without losing the possibility of quick access to the center.