New Census data indicates that for the first time since the 1920’s, urban areas are growing faster than their suburban counterparts.
Twenty seven of the 51 largest urban metropolitan areas across the nation exceeded their suburbs in population growth from April 1, 2010 to July 1, 2011. This is a trend that has been underway since the 2007.
Historically the growth of the suburbs has been fueled by young urban families leaving the city and establishing homes in the suburbs. However with tougher economic times many young adults are opting to remain in the city rather than purchase suburban homes.
The traditional influx of young college graduates into urban areas continues, young people are moving into and staying in the city, but fewer are getting out.
Wallingford Real Estate – Wallingford, PA 19086
