5 Top United States Cities for Real Estate Luxury
Are you searching for a luxurious city to live in with your family, your significant other or by yourself? There are many places across the United States where you can find luxury real estate. But if you are looking for the most sumptuous locations, here are the top 5 cities for luxury real estate in the United States.
1. New York City
It’s not a surprise that New York City is at the top of United States’ locations for luxurious real estate. There’s something for everyone here. Whether you want to work all the time or you would rather enjoy the high life, you can do it here. Given that the city is home to Wall Street, Broadway, beautiful parks, and numerous shops and museums, New York has an appeal for everyone. A few of the best spots for luxurious real estate are on Park Avenue, near Central Park, and Chelsea.
Boasting a large community of well-to-do immigrants, approximately 26% of recent Miami real estate sales have been to foreigners, which is much more than anywhere else in the United States. Even though a lot of Miami is recovering from all of the foreclosures that happened during the recession, the city is filled with luxury real estate, and there has also been a large real estate boom.
For people looking for fun, there are options such as lying on Miami Beach, great restaurants, and shopping. There are also a lot of companies in Miami. Some of the best neighborhoods and condos are found on Coral Gables and Brickell Ave.
3. San Francisco
The cost of housing in San Francisco is almost triple the national average. But with an amazing pool of approximately $3.2 billion in investments, San Francisco is great for entertainment, shopping and business. San Francisco has a lot to offer everyone, including the Museum of Modern Art, Golden Gate Park, and many other attractions to enjoy. Some of San Francisco’s best neighborhoods are Presidio Heights, Sea Cliff, and Pacific Heights.
In Hawaiian, Honolulu is called “sheltered bay,” and it’s one of the summer’s most luxurious tourist spots. Found on Oahu, Honolulu is surrounded by crystal blue water and beautiful mountains.
In addition to having art galleries, museums, theaters, music venues and luxurious shopping, this city is also among the best spots to purchase luxurious real estate condos or homes. Honolulu also has gorgeous weather throughout the year, meaning it’s always a good time for the beach. A few of the very best places to find luxurious real estate are Ala Moana, Waikiki, and Kahala Ave.
Even though you may not think of Stamford, Conn., as a place to be on a luxurious real estate list, it’s millionaire household concentration is 8.5%. Found along Connecticut’s southwest coast, it offers a quick commute for those who work in Manhattan. Even though a lot of people go to New York for entertainment, there are also many things to do right in Stamford. There’s the Stamford Museum and Nature Center, and lots of beaches and parks. Some of Stamford’s best sections are Cummings Point, Dolphin Cove Quay, and Davenport Point.
For the most luxurious real estate in the United States, you will do best to go to New York, Miami, San Francisco, Honolulu, or Stamford. When you want the best real estate the United States has to offer, one of these cities is your best bet.