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Fall River real estate boom fuels spot on Redfin list of top neighborhoods

The Herald News FALL RIVER  Could Fall River be one of the hottest neighborhoods in the country? It is indeed, at least according to Redfin, an online real estate brokerage firm. Redfin released its list of the top 10 neighborhoods for 2021, and the criteria included: the neighborhood is located outside but within driving distance of a coastal hub   like New York City, Boston, Philadelphia, San Francisco or Los Angeles; most have seen double-digit growth in home sales and housing values over the past year; and most have a median home price below the national level of $336,000. A lot of the appeal of these locations grew thanks to the pandemic: Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability during the coronavirus pandemic, according to Redfin.

Escaping the City: America s Hottest Neighborhoods of 2021

Escaping the City: America s Hottest Neighborhoods of 2021
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The 10 Hottest U S Neighborhoods To Watch In 2021

If 2020 has shown anything, it’s that there’s no going back to life as it was prior to the pandemic. Ten months of health scares and business closures have permanently altered many people’s priorities when it comes to where they want to live. Once considered the height of economic success, fancy urban apartments have sat mostly empty as urban dwellers left the city and sought out more isolated locales. For its annual list of the hottest neighborhoods, Redfin analyzed the top 10 areas attracting the most new residents in 2020 and into 2021. With a fair mix of sleepy suburbs and once-seasonal vacation destinations, the list points to a number of clear trends: space, land and larger homes are the new priorities as buyers look for homes where they can shelter and weather out a crisis in comfort.

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