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.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The Simple Legislative Tool Transforming Vacant Downtowns
In California, Michigan and Georgia, an easy win is bringing dollars — and delight — back to city centers.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
In More Metros Than You’d Think, Suburbs are Now More Expensive Than the City
If you're moving to the burbs to save on square footage, data shows you should think again.
The States Losing Rural Delivery Rooms at an Alarming Pace
In some states, as few as 9% of rural hospitals still deliver babies. As a result, rising pre-term births, no adequate pre-term care and "harrowing" close calls are a growing reality.
The Small South Asian Republic Going all in on EVs
Thanks to one simple policy change less than five years ago, 65% of new cars in this Himalayan country are now electric.
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.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)