Saturday, July 10, 2010

Today's Home Buyers Looking for Walkability


-> According to a July 2nd Wall Street Journal article, "Today's home buyers aren't just looking for good schools and low crime rates when they evaluate a neighborhood, many brokers say. They're paying much more attention to what they can walk to. Today's home buyers aren't just looking for good schools and low crime rates when they evaluate a neighborhood, many brokers say. They're paying much more attention to what they can walk to."
"'For a lot of Americans, the whole problem of traffic congestion and having to drive everywhere to do almost anything has made other choices more attractive,' says Kaid Benfield, director of the Washington-based Natural Resources Defense Council's Smart Growth Program. Urban planners say it's also a matter of demographics: Baby boomers are coming of empty-nest retirement age, and at the same time their children are buying their first homes, and neither group wants large lots in remote places where little is going on. Fear about future oil prices is also increasing the attractiveness of walkable neighborhoods..."

Click the link above to read the whole article.

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