A little less emphasis on the suburban, and a little more emphasis on the urban.
Danielle Braff reports:
Newbies to Chicago’s suburbs are increasingly stowing cars and slipping into walking shoes.
No longer are McMansions, white picket fences and sprawling square footage topping suburban buyers’ most-wanted list. Instead, proximity to a suburb’s downtown and easy access to restaurants, schools and parks are priorities. For many, walkable suburbs reign supreme.
While that narrative might be familiar to many Planetizen readers, Braff's article coins a term that this editor hadn't yet encountered: "surban." John Burns, CEO of John Burns Real Estate, is credited with coining the term in the article, which he defines as "development that is bringing the best of urban to the suburb."
According to Braff's analysis of the market, developers and brokers have responded toward increasing demand for more urban suburbs.
FULL STORY: Chicagoland renters and buyers are itching for walkable suburbs. Enter 'surban.'
Philadelphia on Track to Build Record Number of Apartments in 2022
A researcher from the Lindy Institute for Urban Innovation at Drexel University tells a tale of two housing markets—rental and for-sale—in the City of Brotherly Love.
Urban For-Sale Markets Keeping Pace With the Suburbs, With Two Key Exceptions
Everywhere but San Francisco and New York City, urban housing markets are just as hot for sellers as suburban markets, according to data released recently by Zillow.
New Research Ties Lack of Density to Lack of Affordability in California
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Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25% resulting in 1,900 jobs lost.
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