Celebrity Real Estate Cities

Published by julia | Filed under Celebrity Real Estate, Market Trends, Miscellaneous, Real Estate, Shout Outs

In years past, celebrities has chosen to keep their real estate ventures in the most popular of cities. From Los Angeles to New York City, celebrities can be found purchasing real estate for tens of millions of dollars without even a blink of the eye. But, this trend may soon change as lucrative real estate markets are popping up in the most unexpected of places.

Massachusetts, for instance, has recently been marked on the map as one of the most expensive places to purchase real estate. Charlestown, MA was once a fishing town, will low real estate values. Today, thanks to an underground section of the not so thriving Interstate 93, the land has become a real estate gold mine.

With property values in Charlestown, MA rising more than 300% since 1990, it will no doubt be very little time before the celebrities on the East coast are buying up this prime real estate and settling in for a great view of Boston.

Charlestown, MA is not the only relatively unknown town to see substantial increases in real estate values. Listed among the most lucrative of towns are the quiet little cities of Society Hill, PA, Wicker Park, IL, Minneapolis, MN and Grant Park, GA.

While the deflating real estate bubble is sure to take some sort of negative effect on the rising real estate prices in these up and coming areas. With a little hope and a lot of investment, the new Los Angeles or New York City may appear in a small town near you.

Real estate values are changing and the once most sought after cities for celebrity real estate are taking a back seat to some small and calming towns in little known areas. If you want a chance at settling down next to a celebrity, try looking for a moderately priced piece of a not so famous town.