Lofts: The One Bright Spot in the Real Estate Market

Oh, a loft … who doesn’t want to live in a large empty space that can be customized to fit your needs? Loft properties can be especially appealing to empty nesters, whose aging knees may dictate a preference for all-on-one-floor layouts over those of classic multi-story houses. Lofts are often located in a city’s urban core, an area that can be revitalized and marketed with the promise of walk-to-retail that is missing from many traditional suburbs.

Although the housing slump continues, in many parts of the country, there is a proliferation of loft development … from South Norwalk, Connecticut (nicknamed SoNo) to Cleveland to San Francisco to … St. Louis?

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