RealtyTrac recently released an analysis of fair market rents and median home prices in more than 500 U.S. counties. Among the findings of the report: the real estate markets with the highest share of millennial population.
Rob Wile shares news of a report by RealtyTrac, finding that Arlington, Virginia is the U.S. city with the highest percentage of millennials, at 40 percent. "The Washington DC suburb saw the share of its residents born between 1977 and 1992 climb 78 percent from 2007 to 2013," according to Wile.
Wile notes that the Washington D.C. area, not just Arlington, dominates the leaders in millennial population: "The city of Washington DC proper is now 35 percent millennial, up 30 percent from 2007; and Alexandria, Virginia is now 34 percent millennial, up 80 percent from 2007."
Writing for RealtyTrac to announce the report, Daren Blomquist provides additional details of the report, which includes data that suggest buying is more affordable than renting in the majority of U.S. housing markets.
FULL STORY: The Washington DC-area is now the most millennial-soaked region in the country
In D.C.: Rent Control Law 1, Short-Term Rentals 0
It's still illegal to convert rental units into short-term rentals that act as a hotel business in Washington, D.C. A high-profile legal settlement will thus send a bumper crop of rental units back to the market.
Washington, D.C. Housing Boom Only Serving One End of the Market
A post on Greater Greater Washington laments the lack of options coming online in Washington, D.C.'s housing boom—new housing is only of the most expensive variety.
Wave of Household Growth Likely Cresting, Relieving Crowded Housing Markets
A recent series of data on the growth of households in the United States reveals the unprecedented scale of housing demand in recent years.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions