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Sponsored by Quicken Loans |
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The Top 10 Suburbs Leading the Spring Home-Buying Season |
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House hunters faced with limited affordable housing prospects in urban areas are spreading their search to the suburbs—in fact, a solid 50 percent of homebuyers are taking to suburban areas this spring, according to a recent analysis by realtor.com®, with 10 outposts rising to the top of the ranks. "Suburbs are traditionally viewed as meccas for young families, willing to trade in shorter commute times and urban nightlife for better schools and larger homes—but the relationship between the suburbs and urban areas is far more intertwined," says realtor.com Chief Economist Jonathan Smoke. "In recent years, rising home prices and inventory shortages in urban centers have made affordable suburban home prices more appealing for buyers. ...
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