Remember compact discs? Remember DVDs? Remember Tower Records? Remember Stetson’s and Millie & Al’s? Wait, what the hell am I remembering? Ah, Fye Music and Movies in Union Station. Yes. Some pretty good sales for those who do like that stuff. And random, random clothing and assorted bric a brac. Anyway you got till mid-late January to get some deals:
“Suburban housing markets across the United States are evolving rapidly and overall remain well-positioned to maintain their relevance in the years ahead as the places where most Americans live and work, even as many urban cores and downtown neighborhoods continue to attract new residents and businesses, according to a new publication from the Urban Land Institute (ULI).
The report, Housing in the Evolving American Suburb, provides a new analytic framework developed by RCLCO for the ULI Terwilliger Center for Housing that describes different kinds of suburbs based on the key factors that define and determine their housing markets. The report classifies and compares suburbs in the 50 largest metro areas in the U.S. – shown in a searchable online map – and assesses the key issues that will shape suburban residential demand and development in the years ahead.
Among the report’s key findings:
America remains a largely suburban nation. In America’s 50 largest (and most urbanized) metropolitan areas, suburbs account for 79 percent of the population, 78 percent of the households, 32 percent of the land area—and, particularly noteworthy – 75 percent of the young adults aged 25 to 35.
Suburban growth has driven recent metropolitan growth. From 2000 – 2015, suburban areas accounted for 91 percent of the population growth and 84 percent of the household growth in the top 50 metros.
The large majority of Americans work in suburbs, although job growth has been more balanced recently. As of 2014, 67.5 percent of the employment in the 50 largest metros was in suburbs. Between 2005 and 2010, employment in suburban areas remained stagnant, while it increased by 8.2 percent in urban areas. But between 2010 and 2014, jobs increased by 9 percent in suburbs versus 6 percent in urban areas.
Suburban residents overall have higher incomes. The median household income in the suburbs is $71,000, which is substantially higher than the median household income of $49,200 for urban areas.
The suburbs are “young” compared to their regions overall. The suburbs are home to 85 percent of children aged 18 and younger, as well as 75 percent of young adults aged 25 to 34.
American suburbs as a whole are racially and ethnically diverse. Seventy-six percent of the minority population lives in the suburbs.
The regional variation in home values between suburbs and cities is substantial. On average, the median home value in urban areas is $365,000 compared to $305,000 in suburban areas. However, there are major variations by region – for instance, in the New York metro area, median home values are 28 percent higher in urban areas than the suburbs. But in the Heartland (middle section of the country) home values in the suburbs are significantly higher than those in urban areas.
The report identifies development trends, issues, and innovative product examples – too often overlooked — in five distinct types of suburbs within the 50 largest metro areas: “Established High-End,” “Stable Middle-Income,” “Economically Challenged,” “Greenfield Lifestyle,” and “Greenfield Value.” Key observations about the different types of suburbs include: (more…)
If you have any animal/pet photos you’d like to share please send an email to princeofpetworth(at)gmail(dot)com with ‘Animal Fix’ in the title and say the name of your pet and your neighborhood. Your photos will go into the queue (usually 2 weeks wait) and will be posted in the order I receive them. If you’ve already entered your pet and would like to do so again – that’s no problem – just space the entries out a bit. Please try to send horizontal photos 640×480 (medium size on your iphone) if possible. If you’re not using an iphone any size is fine.
“Selling houseboat docked/moored at Gangplank Marina in SW DC. Essentially a tiny home/floating studio apartment in what is expected to be the hottest part of town. Amazing live-aboard community with close access to metro and Safeway.
A few details about the boat/marina:
1984 Holiday Mansion Coastal Barracuda – Archimedes – 37′ foot
On site laundry/showers/bathrooms/grilling area
Secure parking included
Mailbox/address right at marina
24/7 security in gated marina
Waste Tank Pumpouts weekly
Fun people (more…)
This rental is located at 720 13th Street, Southeast. The listing says:
“Super Cute! PARKING INCL 1 block METRO and 1 block Harris Teeter. 1 block from Fragers Hardware store, 5 blocks to EIGHTH Street with tons of restaurants and bars. Washer Dryer. Pets case by case. Tenant pays low electric bill. Landlord responsive. Hurry before its gone! Skylight in bedroom upstairs. Bathroom down. Entrance to this unit is located at the YELLOW door in back of building.”