Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators Breadcrumb caret Industry Breadcrumb caret Industry News U.S. cities experience real estate boom What’s behind America’s real estate boom? College-educated professionals, says Forbes. These people want to live in urban areas close to shopping and entertainment. This is why homebuilders are focusing on the downtown cores of American cities, including Denver, CO, and Birmingham, Ala. Both cities have experienced population, job and economic growth. And these are some […] March 26, 2013 | Last updated on March 26, 2013 1 min read What’s behind America’s real estate boom? College-educated professionals, says Forbes. These people want to live in urban areas close to shopping and entertainment. This is why homebuilders are focusing on the downtown cores of American cities, including Denver, CO, and Birmingham, Ala. Both cities have experienced population, job and economic growth. And these are some of the key demographics that lead to housing development. Read more. Also read: U.S. real estate is still a bargain No housing bubble, says Scotia REIT spinoffs create value Save Stroke 1 Print Group 8 Share LI logo