Desirability of the city plays a huge role in real estate prices and how they are affected by the economy. Three cities where this is prevalent are New York, Boston and San Francisco. Although all markets in the country saw a large decline in home value, these cities were less impacted. Demand is still high and prices we begin to rise.

Now, what makes these cites different than others in our country. Yes, they are large and urban, but there are other large urban cities. So we know that is not the reason. Maybe it is because they are relatively coastal cities. Well, Seattle is coastal and Washington DC is relatively close to the coast, as well. So, we know it’s not that.

What I believe is the key reason why these 3 cities stand out compared to all others in our country is they international cities and are filled with ambitious, driven people. This spurs great competitions and we all know competition leads to innovation. People just want to live there. Most have a preference to one of the three and they all have different things to offer.

So remember, if you want to be successful, surround yourself with ambitious people and compete to the best of your abilities.

 
Posted by T. Sami Siddiqui on 04/20/2011 12:57 PM   Comments (4)   Best Cities in the Real Estate Market Channel   real estate  
Generate short URL

Foreclosure Help
02/18/2011
share
Given the wake of the recent foreclosure epidemic, I want to take some time to provide a means of knowing if you and your home are at risk. The foreclosure process is long and complicated, but it is possible to minimize your losses and the impact on… more
Tips for Sellers - Staging the Home for Sale
02/11/2011
share
Continuing with advice for sellers, this article covers the staging process. Staging a home is when you make the interior as neutral and welcoming as possible. Remember from last week, first impressions are everything. There are two ways you can… more
Tips for Home Sellers: Preparing Your Home for Sale
02/03/2011
share
Before you start showing your home, it is a good idea to make it as presentable as possible. This includes making some repairs and/or improvements. This stage of the selling process is call “pre-marketing”. The first part of the home… more
Tips for Home Sellers: Choosing an Agent
01/28/2011
share
So now that I’ve spent some time giving tips for consumers looking to buy a home, I will devote my next few post to providing advice for sellers. Even though the market is dominated by foreclosures and short sales, which are significantly… more
Home Buying Tips: Part 3
01/05/2011
share
Hello Everyone, I hope you all had a great Holiday break and New Year. Now that we are back to the grind, I will continue with tips for home buyers. If you remember, my last two posts went over getting started and finding the right home. Today, I… more
Home Buying Tips: Part 2
12/15/2010
share
In continuation from last week, today’s blog will be tips for the home buying process. Let’s talk about how to find the right home for you! When looking for a place to live, it is important to consider the community. You should… more
Tips for Home Buyers: Part 1
12/08/2010
share
With all that’s been going on with our economy real estate industry, there has been a lot of talk about now being the perfect time to buy a home. For many people, this is correct. Although lending guidelines are stricter than in the past, if… more
Choosing an Investment Property
12/02/2010
share
Say you have a decent amount of money in the bank and don’t just want it sitting there. You want to have your money work for you, so you need to invest it. When it comes to investing, there are pretty much limitless possibilities. You can… more
Short Sale Information 4 of 4
11/18/2010
share
Here is the final part in my short sale advise blog. It covers the application process for short sales and some other issues. V. Short Sale Application Process and Other Issues Q 20. What is the process for applying for a short sale? A… more