Smart Growth Breaking News

Compact Urban Development Going Mainstream

A shift in housing development from suburban sprawl to compact urban housing is going mainstream, according to a recent article in USA Today. According to the article, “The housing bust and recession have prompted developers to set their sights inward. When property values drop, so does investment. And because values dropped the most on the outer edges of metro areas, developers are paying attention to sites they never considered before.”
Learn more: www.usatoday.com/money/economy/housing/story/2012-05-15/housing-fills-in-urban-areas/54979594/1

News, NATIONAL –  May. 29, 2012

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