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Jeanette Fisher
 Free Content Real Estate Article

 Real Estate Trends - Suburbs

 



Agents: If you would like to add your location in a custom article, please let us know.

America's Changing Address

What do today's families look for in a location?

  • Low crime
  • Good schools
  • Affordable housing
  • Easy commute
  • Restaurants
  • Shopping
  • Cultural activities

Although living in the suburbs took a hit over the past few decades, due in part to high fuel costs and lack of certain amenities, the suburbs are beginning to make a comeback as people seek lower crime rates, smaller house payments, easy commutes, and better schools. The key is finding a suburb that's relatively close to a major urban area with affordable housing, good schools, safety, and access to cultural events.

An impossible dream, you say? Not if you know where to look. For instance, here are three suburbs that feature housing that's affordable to families making $50,000 to $60,000 a year--without having to live in the middle of nowhere, as the saying goes. All of these suburbs are less than an hour's drive of a major city and have vigorous downtown areas with excellent eating establishments, lots of shopping, and cultural festivals throughout the year.

New York Suburb

Our first great suburb is West Nyack, New York, only about thirty minutes from Manhattan. Actually, West Nyack is one of five villages that comprise an area on the west banks of the Hudson River known as The Nyacks. The median price of a West Nyack home is $605,700, which is about a third as much as the median in New York City ($963,700). West Nyack is also home to the largest shopping mall in the New York metro area.

Boston Suburb

Another suburb that meets our criteria is Sharon, Massachusetts, just a scant twenty minutes by commuter rail from Boston. Sharon offers excellent swimming, fishing, and boating opportunities in Lake Massapoag. With a median home price of $493,900, the area hosts a huge Fourth of July fireworks display and regular musical festivities. Area schools are also excellent.

Albuquerque Suburb

The third affordable suburb is Sandia Heights, New Mexico, near Albuquerque. There are many homes available in the area in the $300,000 to $400,000 price range, well within the budget of our target families. It’s has a well-educated population, and some 65% of the area’s homeowners have graduate degrees, since many of them work for federal defense laboratories in the area. Sandia Heights also has a property tax rate of only 7%, which makes living in the area even more affordable.

Since they offer excellent alternatives to high home prices, crime, and crumbling big city schools, it appears that the suburbs are coming back--or should we say that people are coming back to the suburbs.

Copyright © 2007 Jeanette J. Fisher
Use of this copy without permission (active links required) is a violation of federal copyright laws.

Learn how to make money buying houses. Free ebooks on real estate investing and Flipping Houses.

Jeanette Fisher teaches beginning investors how to make money buying and selling houses at Joy to the Home Realty's Lake Elsinore Real Estate office and design center.

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Copyright © 2007 Jeanette J. Fisher

Free Content Real Estate Articles

Permission granted to publish this real estate article as long as the bio remains intact with live links. *You can ask us for other keyword titles that match your real estate content for this article. We can also customize your articles with your city and name. For instance, the article can end with a link to you as the expert real estate professional in your area.

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Copyright 2003-2008 Jeanette J. Fisher. All rights reserved Worldwide. Joy to the Home, LLC , Interior Design Psychology