Posts Tagged ‘Urban’

International House Hunters Showing A Preference For Urban Areas

Saturday, July 12th, 2014


(PRWEB) July 05, 2014

For some time, home buyers from overseas have been looking to vacation spots in the U.S., but a recent report from Trulia said on June 19th in a release titled “International House Hunters Shifting from Vacation Areas to Urban Neighborhoods” that they are fonder of big cities which The Federal Savings Bank found intriguing.

The report noted that dense urban neighborhoods, which are zip code tabulation areas with 5,000 housing units, are becoming more popular based on searches made on the real estate website by foreign house hunters. This trend reverses the previous preference for vacation areas, defined as ZCTAs with at least a quarter of the homes primarily serving as seasonal- or occasional-use properties.

In 2014 through May, 4 percent of the searches on Trulia were made by users overseas. Of that group, 9.4 percent were for dense urban areas, while 4.7 percent targeted vacation areas. The increased interest in cities has been apparent since 2012. Declining preference for sunny shores and relaxed living began mid-2013.

Who wants to move to the city?

The data also showed that the desire to have easy access to mass transit and live in the shadow of looming skyscrapers is not as common among house hunters from all countries. One trend that was consistent is that each country tracked showed more interest in cities.

Brazilians, who accounted for 4.1 percent of all foreign searches through May, had 25 percent of their queries targeting dense urban neighborhoods. Only 6 percent focused on vacation areas. Russians and Australians are also looking to cities, with 27 percent of their searches centering on urban living while only 4 percent sought fun in the sun.

Canadians had the greatest preference toward locations for rest and relaxation, with 13 percent of queries aimed at these areas. Eleven percent searched in urban centers. All other countries, including the U.K., France and Japan, showed interest of 6 percent or less for vacation spots.

Where are international house hunters searching?

Trulia compiled a ranking of the locations favored by home buyers from overseas – in both vacation and urban areas – which can be useful if you’re looking to get a multicultural experience on your own home search or lessen your competition. Miami, which was one of the top cities for net migration between July 2012 and 2013, according to Business Insider on March 27 in a release titled “Here Are The Most Popular Destinations For Immigrants Coming To America,” was the top-ranked urban area. Key Biscayne, Florida, was the top vacation spot.

Whether you’ll be joining international house hunters in the quiet of Key Biscayne or the high energy of Miami, contact the Federal Savings Bank, a veteran owned bank, for information about low cost mortgage options.







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Associated Designs Reports a Growing Trend in Homeowners Building Small and Tall in New Urban Villages

Friday, May 16th, 2014

Eugene, OR (PRWEB) May 11, 2014

It was no surprise to seasoned home builders when the Census Bureau released a new report showing that people are moving closer to cities and away from the suburbs. Rick McAlexander of Associated Designs in Eugene, Oregon has worked with hundreds of builders over the years to design houses for all types of neighborhoods. But, when Dane Butler of Future B Homes, also in Eugene, approached Rick about designing a series of single family homes for a growing, mixed-use development close to the urban core, Rick jumped right in. Rick has a passion for density housing close to the city, and was happy to create his first collection of urban styled house plans, specifically created for a planned village development.

Dane Butler, president of Future B Homes, knew his urban village units needed a fresh concept in order to offer contemporary styled homes that most people could afford and realistically enjoy living in. These kinds of homes should actually cost less to take care of with lower utility bills and less maintenance, Dane says.

After months of collaboration, Future B Homes began building a series of small footprint homes in a local development called Crescent Village. Rick created house plans for this project that have a north and south orientation. However, he situated the windows and patios on the homes south side, which faces the neighbors adjacent exterior wall. This allows natural light to stream in throughout the home while offering privacy for each homeowner. After experiencing enthusiastic homeowner demand, Future B Homes has now built a total of 14 village style units out of a planned 26 for the mixed-use neighborhood.

The unique idea of an urban floor plan attracts two types of clients, but for different reasons, according to Rick. He says some clients are keenly interested in living in a home with a smaller footprint. Other clients are driven primarily by economic benefits, because a smaller lot leads to lower development and construction costs, and lower maintenance bills. Our clients get the best of both worlds with this plan, says Rick, whether the person is environmentally driven or conscious of cost.

The concept of a planned urban village is not new. There are hundreds of examples of older, high-density neighborhoods in larger cities, like San Francisco and Seattle, or on the east coast in Boston and New York City. Even Charleston and New Orleans have long traditions of narrow homes built close to the street, right in the city. These types of dense neighborhoods were known to be highly livable during their heyday when individuals worked, shopped and socialized, within blocks of their home.

While Rick says hes inspired by the lifestyles of yesteryear, fast forward about five decades and hes incorporated significant differences in todays urban house plan. First and foremost, homes are not attached by a shared wall. These plans offer more privacy, natural light and some amount of defined yard space. And, the homes are energy efficient and include amenities that are considered must-haves in todays lifestyle. According to Dane, With these plans, people find they have all the space and features they need with no wasted square footage.

For example, Associated Designs has the Parkview Plan 30-905, where the house is only twenty-six feet wide and almost sixty feet long. The home is designed with an inviting entry court close to the street that could include a fenced privacy screen. A person can approach the home and take a right into the front door or turn left and head along the exterior wall toward an open or enclosed patio.

The first floor of this plan offers a contemporary, open kitchen with a great room layout, plus a master bedroom that includes a luxury bath and walk-in closet. The second floor accommodates three good-sized bedrooms and a two-door, shared bath with double sink. Add a 300 square-foot bonus room over the garage and the space lives large. The total living area is right under 2200 square feet with a footprint at just about 1500 square feet. Lot lines are approximately 3.5 feet from the exterior walls.

A developer doesnt have to build a whole new village to utilize this style of housing. It works just as well when placed within undeveloped lots in older neighborhoods. Its not uncommon in most cities to see well established neighborhoods from the turn-of-the-century, or mid-century, to include empty lots or houses in serious disrepair. City planners and developers both recognize the potential to convert weedy tracts into housing for people wanting to live closer to the citys core. And, astute developers can turn several contiguous residential lots into a coordinated group of urban concept houses, each with a different plan but similar in styling. Dane notes that people who choose an urban village house tend to feel comfortable spending more time outdoors, enjoying a sense of community and neighbors.

There is a definite trend, says Rick, where people want to move closer to the city and cut their commute times while increasing access to urban amenities, city events and al fresco cafes. Its about affordable and quality living, while working and playing in the same neighborhood just like the old days, only better.







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Weichert, Realtors – Best Beach Real Estate and Non-profit Urban Promise Miami Announce New, Central Location to Provide Educational, Personal Development for Youth

Sunday, January 27th, 2013


Miami, FL (PRWEB) January 24, 2013

WEICHERT, REALTORS