Bridgeport a Hot Place to Live for Those Trying to Make it There
People have different reasons for wanting to buy a home in a certain city or town, or even as specific as a community or a neighborhood.
Maybe they want to live close to where they work, so they can have a short commute. Maybe they want to live nearby family and friends. Maybe it has to do with schools for their kids or for those without children, maybe the attraction of entertainment and lifestyle plays a part.
Or maybe folks just want to find somewhere affordable.
Whatever the reason, finding the right place to live is important for a would-be homeowner, but it’s also not the easiest task.
Home prices and mortgage rates are expected to rise this year and the available housing supply within a buyer’s parameters may shrink.
But some markets are better than others. Realtor.com recently released their hottest markets list for 2019.
Bridgeport, Conn., a city attracting a lot of folks working in New York, ranks No. 6 on the Top 10 list. Lakeland, Fla. came in at No. 1.
Economists for the website continuously track home prices, availability and how quickly homes will sell. To make this list, they combine that data with markets that are hotbeds for job growth, are experiencing an influx of new construction and are flush with millennials – the generation making up a majority of buyers in the U.S.
Lyrics in the famous song “New York, New York” say that if you can make it there, you can make it anywhere. That’s certainly true for a lot of people who are trying to work in New York, where wages are certainly higher than most areas of the country.
But, the problem with New York, from a housing perspective, is that it’s too congested and it’s not conducive to a more family-oriented lifestyle.
Which is why many people look outside of the five boroughs to find a place to live while working in the big city.
Nestled just 50 miles north of New York and a convenient train ride away for those working in the City, is Bridgeport. Located on the mouth of the Pequonnock River, Bridgeport offers a quieter community for established professionals and families away from the hectic nature of city life.
There are more than 1,300 acres of parks across the 16 square miles of land in the city. There’s a majestic shoreline, fascinating museums, festivals, national music acts and minor league baseball and hockey to keep everyone entertained.
Rounding out the Top 10 list of housing markets in 2019 are Grand Rapids, Mich. (No.2), El Paso, Texas (No. 3), Chatanooga, Tenn. (No. 4), Phoenix, Ariz. (No. 5), Las Vegas, Nev. (No. 7), Boise, Idaho (No. 8), Miami, Fla. (No. 9) and Boston, Mass. (No. 10).