Among America’s most overpriced ZIP codes… Phoenix’s 85006!

Posted by JWM on August 4, 2008 · Leave a Comment 

Coming in at #7 on the Forbes.com list of “America’s Most Overpriced ZIP Codes” is, drum-roll please, 85006 in Phoenix, AZ. That would be the Coronado historic district in the heart of Phoenix. Surprised?  Well, according to Forbes.com, in neighborhoods like Coronado, buyers are willing to pay premiums for a landmarked or historically designated home.  Those looking for a Spanish Colonial or Tudor-style property near the city pay up to live here.  It’s purchase-to-rent spread is 27.1.

Advertisement

Filed under Downtown Vitality, Historic Preservation, Livability, Luxury Housing · Tagged with , , ,

Leave a Reply

Please log in using one of these methods to post your comment:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out / Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out / Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out / Change )

Cancel

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 911 other followers