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Are People Driving Less?

February 8, 2013: 

Current studies indicate a reduction in vehicle miles traveled, but experts wonder if it’s sustainable.

By Judy Newman


Current studies indicate a reduction in vehicle miles traveled, but experts wonder if it’s sustainable.

If you have walked to the coffee shop instead of driving, if you have carpooled to work with a friend or if you have hopped on a bus to go shopping, you are part of a growing trend. 

Generation Y

February 8, 2013: 

The Future Generation of Home Buyers

There are as many names for Generation Y — Echo Boomers, Millenials, Generation Next — as opinions about the specific years this generation spans. But it’s not the names or the exact years that matter. What matters is that Generation Y, which trumps the baby boomers in size, is about to become a force in the housing market.

Just don’t expect Generation Y to follow in anybody’s footsteps.

Megatrends Affecting Us All

February 8, 2013: 

During the coming decade, demographic changes, as well as changes in consumer desires and behavior, will have a tremendous effect on real estate markets and on how our communities function and grow. As the baby boomers begin to reach retirement age, they are being replaced as the market bellwether by Generation Y, which represents today’s 20-somethings and teenagers. This group is larger than the baby boomer generation and exhibits different tastes and attitudes about where and how they want to live.

Affordable and Sustainable

February 8, 2013: 

One might think that the decrease in real estate values the nation has experienced in recent years would lessen the need to focus on affordable housing. Yet, in spite of decreased prices of homes, housing affordability remains a major concern. For those trying to buy a home, more stringent lending standards and higher down payment requirements are making it difficult for moderate-income families to become homeowners. And a greater demand for rental housing has made rents unaffordable for many lower-income and working families.

REALTORS® Take Action: A Picture is Worth a Thousand Words

February 8, 2013: 

The village of Waterford’s downtown district has what some would call “good bones.” The Wisconsin village has lakes, rivers, green spaces and a well-traveled, state-maintained highway running through Main Street that makes the village of Waterford easily accessible.

But, as Mike VanderBunt, executive of the Lakes Area REALTORS® Association (LARA) notes, “it feels like an area that is not living up to its full potential.”

REALTORS® Take Action: REALTORS® Promote Sustainability and Smart Growth

February 8, 2013: 

The Northern Virginia Association of REALTORS® (NVAR) believes that building green and focusing on sustainability is important.

But the group, which represents 10,200 REALTORS®, will be the first to work hard to beat back any mandate for green requirements, no matter how big or small.