Trend Talk: The Real Estate Industry’s Migration to Livable, Walkable Communities
The real estate industry is constantly changing as tastes and habits of people change. Today, many people are migrating to livable, walkable communities where they can enjoy easier access to daily routine activities such as visiting a gym, coffee shop or grocery store, and the real estate industry is taking note and following suit. Retailers have also noticed this trend and are drawn into these new communities because of the growing sense of dynamism and potential to develop a new customer base. Business leaders understand what these new development patterns mean and, as demand increases for this type of living, cities and communities that can adapt to take advantage of the trend are positioned for success in the future.