Monday, August 6, 2007

Real Estate Trends: The Urban Jump

The real estate industry has always been one of trends. One only needs to look back over the years to readily identify the numerous trends that have asserted themselves at different times. One of the more recent trends that we have seen is many younger professionals leaving the city for the suburbs. This is partly due to their want to raise children in a more sheltered atmosphere and because of rising property values within the urban core. Conversely one of the newer trends that we are experiencing is the baby boomers who are now mainly empty nesters are buying property in the urban core to get away from higher maintenance homes and into areas with a lot of extra assets and convenience.



The move actually makes a lot of sense. Years ago the boomer View the rest of this article


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