WALKABLE COMMUNITIES ARE ATTRACTION FOR YOUNG BUYERS

Real EstateAs we always like to scan the news for the latest and greatest trends in the real estate business, we duly noted a piece that ran in the West Side Leader (Akron, Ohio) which quoted some interesting facts from the National Association of Realtors’ 2015 National Community & Transportation Preference Survey.

It appears when Americans think of their dream neighborhood, they often think of a mixed-use, walkable community. According to the referenced survey, millennials, those aged 18 to 34, prefer walking as a method of transportation by 12 percentage points over driving.

Younger buyers, so it seems, are now looking for communities where they can walk to a restaurant and don’t have to drive to the grocery store.

Based on the survey, women of all generations are more likely than men to show a preference for walkability, with 61 percent saying that the availability of sidewalks in a community with stores and restaurants to walk to is very important to them.

Furthermore, 48 percent of all respondents answered they would prefer to live in communities containing houses with small yards but within easy walking distance of the community’s amenities rather than living in communities with houses that have large yards but are driving distance to all amenities.

Of course, we say one has to be comfortable in life. And, if that means putting on your walking shoes versus starting the car, then go for it.  There’s always something to be said for convenience!

Advertisements

Founded in 2009 during one of the slowest real estate markets in the past half century, First International Title has grown from a handful of offices to 25 offices throughout the state, from Key West to Pensacola, including its company headquarters in Coral Springs. We provide closing services in English, Spanish, German and French. With a combined 1,000 years of experience, our staff has extensive experience closing residential, refinance, reverse mortgage, short sale, REO, deed-in-lieu and commercial transactions. We do not outsource or offshore any portion of our core title services. We employ our own searchers and examiners to ensure quick turn times and accuracy. At First International Title, we put our customers first.

Tagged with:
Posted in Real Estate
%d bloggers like this: