“Walkable” neighborhoods appeal to today’s homebuyers

The more “walkable” the neighborhood, the more appealing it is to today’s discriminating homebuyers and, in turn, increases resale values, according to a survey by the National Association of REALTORS® (NAR).

What boosts an area’s walkability or “walk score?” It’s a neighborhood where people can easily walk to stores, restaurants, parks and other amenities. NAR’s 2011 Consumer Preference Survey found that consumers rank walkability high on their home wish lists. Read more.

In other headlines:

Builder says local homebuyers are thinking green – Southtown Star

GSE reform proposals next on the to-do list – HousingWire

 

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About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.