BiggerPockets Daily Data Shows That Americans Increasingly Want to Live in Affordable Suburbs
Oct 26, 2024
As urban living costs rise, many millennials are flocking to affordable suburbs. Low-priced markets under $250,000 are booming, attracting new residents drawn to the benefits of suburban life. Key locations like Mooresville, North Carolina, and Hamtramck, Michigan, showcase this trend. The appeal lies in housing affordability, improved living space, and proximity to major cities. As families and young adults seek value, these emerging markets represent thriving real estate opportunities for investors.
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