Walkable Neighborhoods Replace Suburbs as Preferred Real Estate
Demand for real estate in walkable neighborhoods is growing, according to new research.
A new report from the George Washington University School of Business finds compelling evidence that demand for real estate in pedestrian-friendly urban neighborhoods significantly exceeds supply. “DC: The WalkUP Wake-Up Call” introduces the term “WalkUP” as shorthand for “walkable urban places,” and concludes: “This research has found that WalkUPs, a niche market 20 years ago, are becoming the market of the future, both in the metro D.C. area and, likely, in the rest of the nation’s metropolitan areas.”
Published September 11, 2012
Malin, N. (2012, September 11). Walkable Neighborhoods Replace Suburbs as Preferred Real Estate. Retrieved from https://www.buildinggreen.com/news-analysis/walkable-neighborhoods-replace-suburbs-preferred-real-estate