Tag Archives: Suburbs

Here’s why effecting change in housing inventory will also require updates to land use and tax laws.

While some major metropolitan cities might be lacking in terms of home price growth compared to others, some surrounding suburbs are still becoming hot markets. What could be the cause of this trend?

A report released today ranks the hottest suburbs and suburban ZIP codes in the country, and the Southern region of the nation has proven to reign supreme.

Analyzing data from the United States Census, Trulia's chief economist Jed Kolko found that the population growth of millennials in big, dense cities was outpaced by big-city suburbs and lower-density cities. Kolko also found that baby boomer growth in big, dense cities also fell short of growth in the big-city suburbs.

As the housing market inches further toward recovery, a curious dichotomy has arisen between urban and suburban growth. Asking prices for homes in densely populated (i.e., high-rise-rich) and urban settings are still rising as the spring buying market catches its stride. It’s the suburbs, however, where population is growing most.