NAR and LOCUS research indicate ‘walkability’ is increasingly important to …

The American dream of a house in the suburbs with a neatly trimmed lawn and two cars in the driveway is giving way to a new trend as buyers are flocking to “walkable” residential communities in urban settings.

According to national polls, half of Americans — particularly people under the age of 35 with college degrees — want to live somewhere walkable, where they can safely and easily walk from their homes to stores, banks, restaurants, schools and even their place of employment.

The National Association of Realtors examined this trend and its impact on real estate development at its Legislative Meeting Trade Expo last month.

Christopher Leinberger, professor at George Washington University School of Business (GWSB) and president of LOCUS, a national coalition of re…