November 03, 2004

HOMEBUYERS FAVOR SHORTER COMMUTES, WALKABLE NEIGHBORHOODS

A 2004 American Community Survey sponsored by NAR and Smart Growth America shows that a commute time of 45 minutes or less is a top priority for 79 percent of Americans when deciding where to live. Other important decision-making criteria include easy access to highways (75 percent) and having sidewalks and places to walk (72 percent).

When asked to choose between two communities, six in 10 respondents chose a neighborhood that offered a shorter commute, sidewalks and amenities like shops, restaurants, libraries, schools and public transportation within walking distance over a sprawling community with larger lots, limited options for walking and a longer commute.

The survey also found that minorities are more likely than other Americans to choose a neighborhood that has a shorter commute, with 59 percent of women, 57 percent of Hispanics and 78 percent of African Americans selecting such communities over those with bigger lots and longer commute times.

Posted by gandlwoods at November 3, 2004 06:21 AM
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