Millennials are Abandoning the Suburbs for a New Kind of Neighborhood

Business Insider

By Tanza Loudenback

A new type of housing community called an agrihood — short for “agricultural neighborhood” — is one of the latest real-estate trends gaining popularity across the US. Agrihood developers aim to bring the amenities of a rural farming community, like fresh produce and ample outdoor space, to modern, metropolitan neighborhoods. The homes are typically built to high environmental standards, too — think solar panels and composting.

Read More

Previous Once-Hot Apartment Construction Cooling as U.S. Housing Engine
Next How a Return to Multigenerational Living is Shifting the Housing Market

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Land/Projects 0 Comments

Foremost Communities Closes on Deerlake Ranch in Chatsworth

Local Southern California developer, Foremost Communities, with equity backing from Starwood Capital closes on the 230-acre Deerlake Ranch project in Chatsworth. The project will be developed for 314 lots across

Land/Projects 0 Comments

Foreign Investors Playing Larger Role in High-Profile Land Segment

Top CBRE broker, Laurie Lustig-Bower, has a front row seat to the influence foreign investors are having on the trophy, land asset market. While in Southern California, the outsize buys

Land/Projects 0 Comments

The Risks of Owning Land

The most alternative of asset classes, land provides opportunities to earn multiples on investment but can also become a completely illiquid anchor – sinking companies who hold too much of