Americans Prefer Smart Growth Neighborhoods, Study Finds

A recent study by the National Association of Realtors found that 56 per cent of respondents preferred walkable, mixed-use neighborhoods over neighborhoods that required more driving between home, work, and recreation.

April 6, 2011, 11:00 AM PDT

By Victor Negrete


From Market Wire:

The Community Preference Survey found that "88 percent of respondents placed more value on the quality of the neighborhood than the size of the home," when considering a home purchase.

Also, "eighty percent of those surveyed would prefer to live in a single-family, detached home as long as it didn't require a longer commute, but nearly three out of five of those surveyed -- 59 percent -- would choose a smaller home if it meant a commute time of 20 minutes or less."

The survey conducted in February 2011 was comprised of a sample of 2,071 adult Americans.

Monday, April 4, 2011 in Market Wire

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