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Forbes: The most lucrative neighborhoods

Posted Jan 20th 2008 8:40AM by Trey Thoelcke
Filed under: Housing

If you live in Philadelphia's Society Hill, Atlanta's Grant Park, or Dallas's University Park, (and if you're the type who doesn't pay much attention to what's going on in the world), you might be tempted to ask, "Housing slump? What housing slump?"

That's because you live in one of the most lucrative neighborhoods in the U.S., as listed by Forbes. Neighborhoods in 15 major metropolitan areas made the list because they experienced the greatest increase in home sales prices since 1990 -- between 300% and 4,000%. Many were downtrodden areas that benefited from an influx of development. A few others were already among the most upscale neighborhoods in the nation, and have thus far resisted the recent housing slump. For example:

See the article at Forbes.com for the complete list.

Tags: Chicago, Forbes, Grant Park, housing slump, inthenews, lucrative neighborhoods, Miami, neighborhoods, New York, San Francisco, Society Hill, University Park, wealthy neighborhoods, Wicker Park

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