Today’s Trending Cities: Where You Should Buy and Why
The Top 5 U.S. Cities to Buy a Home In Right Now
The United States is filled with fantastic cities. But, when you’re trying to determine where to move to, certain things are going to be more important to you than others. After all, if you’re a young professional looking to move to a city in order to start a great career, then you’re not going to want to relocate to a city that’s more suited for retirees than it is for business.
Therefore, to help you in your search, here are the top five trending cities in the United States and the reasons why you should be looking at buying there.
Raleigh is one of the trendiest cities in the country thanks to its abundance of local universities, in particular the University of North Carolina at Chapel Hill and North Carolina State University in Raleigh. Duke is also located in nearby Durham. But, it is the region’s Research Triangle Park that really makes it so attractive to those looking to move.
This tri-city region is home to more than 170 companies, including giants like IBM, Credit Suisse, and GlaxoSmithKline. This makes Raleigh a major job center in the southeastern United States. In fact, Raleigh ranks 2nd on Forbes list of Best Places For Business And Careers. Add to this great restaurants and shopping, a vibrant nightlife, and some excellent cultural institutions and Raleigh is a winner.
Dallas is one of America’s fastest-growing cities. As the financial center of Texas and a regional logistics hub, the city’s growth is fueled by a steady economy that’s driven by more diversity than cities located to the south of Dallas, which tend to rely almost solely on the oil industry.
In fact, Dallas is home to 18 Fortune 500 companies and over the last seven years, it has enjoyed a job rate growth of 3.3%, the 7th highest in the country. But of course, jobs aren’t the only reason why Dallas is so attractive. The city also enjoys a growing culinary scene, one of the hottest housing markets in the country, and two of the top 10 public high schools in the U.S.
From the natural beauty of the place to its strong annual job growth percentage of 2.8%, Denver, Colorado is a top contender for most popular place to move to. In fact, so many people have moved to Denver over the last year, that its population growth has practically outpaced its new housing development! And, it’s not hard to see why Denver is so popular.
Denver also has a team in every major professional sport, an incredible nightlife, some of the country’s best craft breweries, and more than 300 days of sunshine per year. And when winter hits, the city is transformed into one of the country’s most beautiful winter wonderlands.
Rochester, Minnesota might not be as high profile as many of the trendy cities on this list, but as the home to the Mayo Clinic medical campus, Rochester is growing at a rapid pace. The Mayo Clinic itself is partly to blame for the city’s mass influx of residents.
The famous medical campus is expanding with a 20-year, $6 billion development plan in place for the soon-to-be Destination Medical Center. The complex is set to bring in an additional 100,000 new residents and 40,000 new jobs. And, making this an even more attractive city is the fact that it is only a mere hour drive away from both Minneapolis and St. Paul.
Much like Denver, Colorado, Portland, Oregon is blessed with some of the most beautiful natural scenery in the world. With an annual projected job growth of 3% and a college attainment of over 35%, Portland is not only a great place to live, but it’s also a great place to go to school, to work, and to retire to.
It’s why the city’s population has grown by 8.3% from April 2010 to July 2015. And with a median home price of $264,200, Portland’s housing market is reasonably affordable considering everything the city has to offer, like an eclectic cultural scene, a fantastic nightlife, and food trucks galore!
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