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Urban pioneer effect
1. - SCOTTSDALE REAL ESTATE INVESTMENTS PRESENTS -
the urban pioneer effectSCOTTSDALEREI.COM
77 stages of a neighborhoodstages of a neighborhood
MATURITY
DECLINE
STAGNATION
INCEPTION
GERMINATION
ACCELERATION
GROWTH
onon thethe riserise
MATURITY
An established residential, commercial or
industrial neighborhood reaches its zenith.
Life is good.
DECLINE
The economy deteriorates. A recession or
depression ensues. Negative
socioeconomic influences dominate.
STAGNATION
Crime increases and disrepair becomes
the norm. Buildings are abandoned. The
neighborhood is ignored.
INCEPTION
Prices are low and become attractive to
those at the bottom of the socioeconomic
ladder. This includes artists and creatives.
GERMINATION
Galleries pop up. Cool coffee shops, hip
bars and trendy retail shopping spots
appear. Nightlife is abundant. A "scene"
forms. Housing prices tick up.
ACCELERATION
Young trendsetters or "Urban Pioneers"
with more economic means are attracted
by low housing prices and a vibrant
lifestyle. They want to be close to work and
love the easy access to an urban life.
GROWTH
The tipping point occurs when a major
brand retail establishment opens its doors.
Starbucks and Costco are just two
examples. Housing prices rise
dramatically.
Buy our research report detailing the top 21 cities in the US
with Urban Pioneer real estate opportunities.
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