A Redfin analysis reveals the U.S. metro area where access to transit translates most directly to property value.

A recent study by Redfin, which analyzed the sale prices and Transit Score ratings of more than one million homes sold between January 2014 and April 2016, finding "that one Transit ScoreⓇ point can increase the price of a home by an average of $2,040 or 0.6%."
Builder shares the news of the study, which analyzed home sale data from 14 metro areas. From among those 14 metro areas, one city emerged as the leader in Transit Score-induced home value: Atlanta. "There, one Transit Score point is worth $1,901, or 1.13%, on average," according to the article. "After Atlanta, a point of Transit Score carries the highest value in Boston (1.10%) and Washington, D.C. (0.96%)."
FULL STORY: Redfin Values Proximity to Transit

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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