Study forecasts growing demand for walkable neighborhoods in West

The Denver Post reported May 31 that homes within walking distance to shops and restaurants are forecast to drive the housing markets and economies in mountain communities of the interior West as the recession’s effects wane.

That’s according to a recent study of high-country housing trends over the past decade by the Sonoran Institute. The group’s 60-page study —“Reset, Assessing Future Housing Markets in the Rocky Mountain West”—  identified a number of trends driving demand for what it called “compact walkable neighborhoods.”

“There is growing demand for walkable neighborhoods, and it’s an untapped market opportunity,” said Clark Anderson, director of the Sonoran Institute’s Western Colorado Program.

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