Towns with a city side
For a better housing bet, consider an “urban burb.”
That’s the term, coined by Fortune‘s Leigh Gallagher in her book The End of the Suburbs, for neighborhoods with a walkable downtown and access to mass transit. (Fortune and MONEY are part of Time Inc.)
Homes in these areas held their value better during the recession and, says urban strategist Christopher Leinberger, will continue to do well as farther-flung suburbs lag.