Across the country, millennials have become major players in the real estate market, turning some zip codes into the hottest home-buying markets. The neighborhoods popular with millennials have strong job markets, affordable housing options, and great local amenities. A research team from Realtor.com® recently examined 32,000 zip codes around the United States to discover which neighborhoods have the fastest-selling homes and the most homes being searched on their site. It comes as no surprise that the hip San Diego neighborhood of North Park (92104) is one of the top 10 hottest places for millennials!!
There has been an explosion of people moving to North Park from other parts of the Country because of all that it has to offer. It offers so many things to do; the choices are endless. Not only is it a neighborhood where millennials are flocking to, it is also a place where parents of children who have grown and left the nest are coming back to. They are selling their larger homes in Surburbia and coming to a neighborhood where they can enjoy the flexibility of leaving the car home and walking to nearby amenities.
With its great cultural diversity, delicious dining options, eclectic coffee shops, unique boutiques, numerous art galleries, and entertainment and nightlife options, North Park is the perfect spot for this young generation of home buyers to settle down! This neighborhood is continually seeing new development, with awesome new restaurants, breweries, and stores opening up, as well as additional housing developments that offer even more affordable options for millennials. Recognizing this growing demographic of residents, developers in North Park are also looking at ways to increase the walkability and public transportation in the neighborhood.
Spend a day in North Park to see why it is one of the best San Diego spots to call home. You will never run out of things to do. Explore 30th Street, University Avenue, and El Cajon Boulevard to find some of the best restaurants and shopping in the city. Check out the variety of theater groups and art venues in the area for a unique night out. And be sure to swing by the spectacular Balboa Park, conveniently located right next to this neighborhood. You will surely fall in love with this neighborhood after discovering all that it has to offer.
If you decide that you would like to buy a home, condo/townhouse, or investment property in the North Park area, the McT Real Estate Group is your #1 resource. Check out the latest market update for San Diego.
Give our team a call today or visit our website at https://www.mctrealestategroup.com to learn more!