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The more “walkable” a city is the better it is for the local economy and Chicago ranks No. 5 in terms of overall walkability, according to a new study by Smart Growth America, an organization that advocates for smart neighborhood and community planning. Read more from REALTOR® Magazine.
The study, “Foot Traffic Ahead: Ranking Walkable Urbanism in America’s Largest Metros,” compared 30 U.S. metro areas as Walkable Urban Places, or WalkUPs, and found that the denser and more walkable a city is, the better it is for economic and real estate growth.
“Cities that want to thrive in our new economic and demographic realities will need to find ways to create and support more of these dynamic, productive walkable districts that are in high demand,” said Geoff Anderson, president and CEO of Smart Growth America.
In other headlines:
Freddie Mac: Mortgage rates witness little movement – HousingWire
Sluggish Housing Market A Product Of Millions Of ‘Missing Households’ – NPR
