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Are Homeowners-Alarmed by Gas Prices- Increasingly Looking to Urban Areas
August 8th, 2008 categories: Clintonville, Downtown, For Home Buyers, German Village, Grandview, Olde Towne East, Short North
According to a recent Coldwell Banker survey, yes.
…. the primary reasons for this interest in urban living are related to work commute and energy-efficient modes of transportation:
- 81 percent cite minimizing a reduced work commute as a reason for the interest in urban living
- 54 percent agree that access to public transportation is appealing
- 75 percent agree that the ability to walk to more places is a positive
“Over the past several years we have seen a boom in downtown living all over the country and this is not just reserved to major cities,” said Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate.
Also interesting in this same survey was that, “…sales associates also reported they have seen an 84 percent spike in interest for properties with a home office, as compared to five years ago, indicating a trend towards telecommuting.
While the study also found that 64 percent of surveyed sales associates report their clients increasingly look for homes with “green” amenities that could save on heating, cooling and electricity costs, only 42 percent surveyed believe saving on energy costs are a reason for their client’s interest in urban living.”
