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In Milwaukee Buzz Briefs
Milwaukee housing market scores well on Home Depot scale
 
By OnMilwaukee.com Staff Writers

Published Aug. 16, 2005 at 5:01 a.m.
Tags: home depot, real estate, new york times

The August issue of Money magazine offers a creative way of analyzing housing markets: the number of Home Depot stores opening in an area. By this measure, Milwaukee is doing very well, and this apparently comes as a shock to The New York Times.

"Expanding in the Sun Belt isn't surprising, but the chain is soon going to offer its eighth store in Milwaukee, not the first place you think of when it comes to rising real estate prices," wrote Paul B. Brown in an article in the Times on Saturday, Aug. 13.

"The company invests as much in researching demographic, employment and wage trends as do sophisticated real estate investors. After all, the qualities that make for housing hot spots (rising prices, rising sales, lots of construction) are the same ones Home Depot seeks when scouting for new stores."

Can Milwaukee keep up the pace, and what other cities are close behind our hot Home Depot housing market? A list of upcoming store openings can be found at the Home Depot Web site.

6 comments about this article.
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Recent Talkbacks ...
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OMCreader pails said: I think the numbers have more to do with Milwaukee's do-it-yourself ...
OMCreader Bay View Hopper said: We also have Cousins Subs all over the place? Is that ...
OMCreader Cozen Beguile said: I rather go to a neighborhood hardware for the little things. ...
OMCreader Paul B said: If you really want to include the entire metro area, we already ...
OMCreader Shayne said: We already have a SubWay or Walgreens on nearly every corner. Is ...


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