Downtown Areas That Are Real Estate Hotspots in 2024

The housing market is booming, and the population in North America is increasing. These two factors are causing a rise in demand for new homes, which means that prices will rise. And with more people moving to urban areas, downtown properties will be highly sought after by those looking to relocate or invest their money.

Old Town Scottsdale

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One of the most popular cities for relocation is right Old Town Scottsdale, Arizona. Old Town Scottsdale, commonly referred to as OLD Town or Downtown Scottsdale, has been a central part of the city for over 40 years now, and it continues to attract tourists from all around the world.

With proximity to Phoenix Sky Harbor International Airport, major sporting events at Gila River Arena, Chase Field, Talking Stick Resort Arena, and Camelback Mountain, residents have easy access to everything they need and want!

Many exciting things are happening in downtown Scottsdale that will make it a desirable place to live. In 2019 alone, there will be 3 new hotels built within walking distance of OLD Town Scottsdale – The Nordstrom Hotel will be located near Brown and 2nd Avenue.

The Indigo Hotel will be built at Scottsdale Road and Brown Avenue. And the new AC Hotel will open near First and Main Street in 2019 as well! Locals can expect to hear about more hotels planned for development in Old Town Scottsdale throughout the year and beyond.

According to The Kay-Grant Group, one of Scottsdale’s most popular real estate team, the most notable hotel opening in downtown Scottsdale is the Caesars Republic Scottsdale, which is the first non-gaming property ever built by the casino giant.

Great hotels and fun times are just a few of the reasons why people love calling Old Town Scottsdale home.

Nashville

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Another city that’s popular for relocation within the South region is Nashville, Tennessee. With its vibrant and lively culture, Nashville is one of those cities where the music never sleeps! There are always many fun events going on in downtown Nashville making it a great place to live.

The development in downtown Nashville is constantly changing. New bars and restaurants are opening up all the time, such as The Patterson House, which overlooks the Cumberland River. At the same time, you get Voted Best Burger or try out the new Whiskey Kitchen with over 100 types of whiskey ties to Downtown Nashville’s historical past.

Vintage Row opened last year, featuring an upscale market, local brewery, restaurant, and event space all under one roof! Located just behind Bridgestone Arena is 2nd &s Church, which was a former Baptist church converted into a bar and restaurant is another popular spot downtown. Downtown Nashville also has an outdoor concert series that takes place from May through September. The series features various local artists and bands performing on the Ascend Amphitheater for free!

The city of Nashville is becoming more advanced with technology too. The Music City Center, located in downtown Nashville will be home to the future Gene Snyder Plaza, where you can expect new digital technologies such as Amazon Alexa’s smart lights, self-driving shuttle cars for public transportation, battery charging stations along sidewalks; and bike-sharing lanes!

Austin

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Austin, Texas, is a great place to be if you’re looking to relocate or just for a weekend getaway. Austin has everything you need and doesn’t have anything that you don’t want! The city’s slogan “Keep it Weird” can sum up the vibe in Downtown Austin perfectly.

Many things are happening in downtown Austin such as festivals and events that make this city very unique. South By Southwest (SXSW) festival takes place every year during spring break attracting musicians, filmmakers, and entrepreneurs from all over the world who share their ideas through panels, lectures, workshops, and parties.

The Austin City Limits Music Festival is held at Zilker Park every fall, featuring a mix of music types from country to rock ‘n roll with well-known artists and emerging brands. Downtown Austin is the perfect place to shop with so many unique stores such as a clothing store called Rubber Gloves that offers vintage rock music styles or check out the newest foodie hot spot called Niknik, where one can dine on sushi or shishito peppers while looking at all of the eclectic artwork hanging up on the walls.

Santa Fe

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Santa Fe is a historical city with all the charm and beauty you can imagine. Its rich culture makes it one of the best cities to visit if you’re looking for a getaway. It’s also an ideal place for relocation within the southwestern region!

The downtown area in Santa Fe offers various galleries and museums, live music, restaurants, and much more. One thing that stands out amongst many is its art galleries. With over 200+ galleries throughout Santa Fe, you will be able to find something that suits your interests.

The most notable gallery would have to be Meow Wolf which was built as a repurposed bowling alley but now features vivid artwork along its walls above included installations called “The House of Eternal Return.” It also has psychic reading rooms, a planetarium, and even an Olaf’s Frozen Adventure House! Other notable art galleries include the Halcyon Gallery & Studios, which showcases art by emerging and working artists in all mediums.

Downtown offers great shopping too such as La Tienda for your Latin American needs, as well as various restaurants to try out such as Caffe Museo, which offers plenty of unique coffees you won’t be able to find anywhere else, or one can simply enjoy some margaritas while riding a mechanical bull at The Shed.

Santa Fe also has an outdoor concert series throughout the summer at Santa Fe’s Civic Plaza Park, where music lovers can come together and dance under the stars.

Boise

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Boise is an ideal place to relocate if you’re looking for a cheap move that still offers minimalistic living. The city of Boise has the feel of small-town America but has all the necessities of a big city too! It’s situated in the northwestern corner of Idaho and sits on top of a vast forest called the Rocky Mountains.

There are so many things to see and do in downtown Boise such as museums, parks, live music, restaurants, and much more. One thing that stood out to me would have to be its museums because I’m a huge fan of art myself. Many notable museums are located within walking distance, including several galleries, visual arts center, Idaho State Museum that houses dinosaur fossils, or checks out the Boise Art Museum, home to many paintings and sculptures.

The park in downtown Boise is called Julia Davis Park, which has a walkable trail and plenty of shaded spots to sit down and have a picnic with family or friends. Downtown offers some unique restaurants, such as Bardenay Restaurant & Brewery, where you can enjoy locally crafted beers paired with your choice of meat, or check out The Funky Buddha Lounge & Kitchen, known for its flavored rums; that are mixed into specialty drinks with an Asian twist!

Boise also offers a multitude of concerts throughout the year at various venues such as Ketchum’s River Street Park & Pavilion Amphitheater, located right on the banks of the White Water River, where it plays host to a variety of local bands, big-name artists, and festivals.