“The “in” thing in real estate used to be sprawling suburban homes with one-acre lots, picket fences and plenty of lawn to mow. But these days, many young professionals, empty-nesters and retirees across the country are either downsizing or looking for a more chic and affordable lifestyle. And they’re finding it downtown.

The number of downtown residents in the nation’s largest cities is expected to grow by 2010, according to a survey by The Brookings Institution Center on Urban and Metropolitan Policy and The Fannie Mae Foundation. The movement also is being seen in New Hampshire. In Nashua alone, there are 10 projects ranging from high-end condos to elderly apartments either under way or in the planning stages.”

Tagged with →