Homebuyers are looking for locations with quality transit access in Los Angeles, and they're willing to pay more for the option having transit nearby.
"Access to public transit is the new granite countertop when it comes to home listings," writes Noah Buhayar.
"That’s the takeaway from a study by real estate data firm Trulia, which looked at the language used to describe homes on the market in Los Angeles from 2013 to 2018. Mentions of the city’s transit more than doubled over the period and for all but the most expensive quarter of homes, sellers got rewarded for it. On average, the premium was 4.2 percent."
FULL STORY: Transit proximity raises prices of homes in LA
The World’s Longest Light Rail Line is in… Los Angeles?
In a city not known for its public transit, the 48.5-mile A Line is the longest of its kind on the planet.
Opinion: LA Should Reject ‘Misguided’ Car-Centric Policies
Even as the city highlights clean energy and transportation for the 2028 Olympics, Metro and Caltrans move forward with plans to expand highways.
LA to Launch Bus Lane Enforcement Cameras
Bus-mounted cameras will identify vehicles that block designated bus lanes to help prevent delays and maintain reliable transit operations.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
5 New England states march closer to 800 megawatt wind energy project
Securing federal approval for the project may be complicated under the Trump administration, which has historically been hostile towards domestic wind power.
Baltimore to break ground on $50 million Transit Priority Project
The project will bring faster bus trips, safer streets and better bike connections to Baltimore.
Airbnb launches $250 million 'last-dollar financing' housing accelerator, makes first investment in Austin
The company will put $6.4 million towards affordable housing development in Texas’ capital.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association