“I’d Rather Grow Smarter!” « Orange County Association of REALTORS®

“I’d Rather Grow Smarter!” say Home Buyers

Summary: ...nearly 80 percent of survey respondents look for neighborhoods with abundant sidewalks and other pedestrian-friendly features when searching for a home


MAY 6, 2011

by OCAR

A recent National Association of REALTORS® study reveals that Americans favor walkable, mixed-use neighborhoods over those that require more driving. Such “Smart Growth” communities are characterized by shops, restaurants and local businesses in walking distance from homes.

According to NAR’s Community Preference Survey, nearly 80 percent of survey respondents look for neighborhoods with abundant sidewalks and other pedestrian-friendly features when searching for a home. While space is important to home buyers, many are willing to sacrifice square footage for less driving. Eighty percent of respondents would prefer a single-family detached home and a shorter commute, but if that isn’t an option, 60 percent of that group would chose a smaller home if it meant less driving.

Want to view the complete findings? View here.

“I’d Rather Grow Smarter!” « Orange County Association of REALTORS®