10 loop hikes worth a look in Bend this fall

 
 

Sometimes, you want to walk in circles. I don’t mean twirling ‘til you’re dizzy (though if that’s your jam, rock on with your spinny self). I’m talking about loop hikes, or the circuitous routes that save you from backtracking on trails.

Not that Bend’s outdoor beauty doesn’t deserve a second glance. But if you’re looking for loops that bring you back to the trailhead with minimal retracing of steps, here are ten options worth trying.

Be sure you check Bend weather before heading out, and watch for winter road closures that take some of these off the table as fall turns to winter. But there’s always next year, so bookmark this post and let’s get hiking!

Read on for a great list of hikes, compiled by Visit Bend!

Suttle Lake

A relatively flat 3.6-mile circuit, the trail around Suttle Lake offers sparkling views from your first steps to your last. While winter can coat the trail with snow, its lower elevation leaves it accessible long after the Cascade Lake Highway trails close for the season. 

Start at the Lodge and hike counter-clockwise to get warmed up on flatter, less ice-prone sections of trail before you hit shadier stuff. Leave lots of time for photo stops, then cap it off with lunch at Suttle Lake Lodge. Both the lodge and the trail are dog-friendly, so Rover’s welcome to join as long as you pick up after him.

 

Tam-a-Lau Trail

Not to be confused with Tamolitch, the Tam-a-Lau Trail is in Cove Palisades State Park. The first mile requires a steep ascent up to a lava plateau, and it’s the lone section where you’ll need to backtrack on your return.

Views from the top of the Plateau on Tam a Lau Trail are breathtaking.

But once you’re up top, prepare for jaw-dropping views for the whole four-mile loop around the rim. You’ll see both the Crooked River and Deschutes River arms of Lake Billy Chinook, along with epic glimpses of The Island, a smaller plateau off-limits to hikers.

The lake gets packed in summer months, so try fall, winter, or spring for your adventure. Watch for ice on the steep part, and pack plenty of water and snacks to savor with your views.

 

Pilot Butte

The cinder cone in the center of Bend makes us one of the only towns in the U.S. with a dormant volcano in the city limits. Pilot Butte also makes an excellent spot to get oriented to the town, with 360-degree views of Bend and beyond.

While not quite a loop, the trek to the top and down can be done with minimal backtracking. To make it a circuit, hang a left on the initial paved path and make your way on the asphalt trail the roadway. You’ll have the road to yourself in cooler months when it’s closed to motorized traffic, but stick with the shoulder from late spring to early fall when you’re sharing with cars. 

Once you’ve snapped photos from the peak, head down on the dirt path as it twists around the butte and eventually meets the asphalt path near the bottom. You can do the same route in reverse if you’d rather go up via dirt path and down via road, but I’m partial to the other route to make for a more gradual ascent. 

 

Paulina Lake

One of my favorite hikes in the Newberry National Volcanic Monument, the loop around Paulina Lake spans 7.5 miles of rolling terrain and some of the most spellbinding scenery anywhere. Stop midway through to soak your feet in the hot springs, then continue on for lunch at the lodge. Pack a picnic if it’s spring or fall and they’re not slinging burgers like they do in summer months.

This one’s not accessible when winter shuts down the main road, so it’s best tackled in late spring or early fall when both snow and crowds are at a minimum. Bring plenty of water and snacks, and keep your eyes peeled for eagles and sparkling obsidian along the trail. 

Shevlin Park

One of Bend’s most beloved gems, Shevlin Park boasts miles of trails through old-growth forest and sage-covered desert spanning nearly 1,000 acres. It’s especially popular when autumn’s chill turns its aspens to bright beacons of gold glinting on ripples in Tumalo Creek.

The popular six-mile loop trail follows the canyon rim through an ocean of Ponderosa pines. It crosses Tumalo Creek twice and includes a few short, steep hills to keep it interesting. Check the trail map to see how to shorten it to a two-mile loop if you’re pressed for time.

There are also mountain bike trails if you prefer rolling over strolling. Dogs must be leashed, and the rule is strictly enforced. 

Gray Butte

A nice alternative to bustling crowds at nearby Smith Rock, Gray Butte offers sweeping views and some challenging altitude gain for fit hikers. The 6.4 mile lightly-trafficked trail loop offers excellent views of the Crooked River National Grasslands and the Cascade mountains. 

The trail begins in juniper forest and slowly climbs up the side of Gray Butte. You’ll share the trail with horseback riders and mountain bikers, so be mindful where you’re walking. The ascent gets steep in some spots, with sections of loose rock. 

You can hike this one clockwise or counterclockwise, and if you head out in springtime, you’ll see plenty of wildflowers as a prize for bagging this butte.

Ancient Juniper Loop

This lovely loop in the Oregon Badlands Wilderness is my happy place. When I want to feel centered and let the pups run off-leash, this is where I head.

The 3.1 mile circuit is accessed from the Flatiron Rock trailhead off Highway 20 east of Bend. You won’t find frills like restrooms, paved parking lots, or aquatic eye candy like lakes or rivers. What you will find is tranquility served with a taste of Bend’s high desert landscape. Volcanic rock and ancient juniper trees line the dusty route you can follow clockwise or counterclockwise, depending on mood. 

Plenty of times I’ve been there without another soul in sight. The trail is mostly flat, but if you need more challenge, tack on the in-and-out trek to Flatiron Rock. Bring your own water, and be prepared to pack everything out with you, as there are no trash cans on site.

Ray Atkeson Memorial Trail

Summer months bring big crowds to Sparks Lake, and winter brings enough snow to take this popular loop hike off the table. But during the sweet spots in spring and fall, few trails offer such sparkling high lake vistas or dizzying views of the Cascade Mountains.

The well-maintained trailhead has restrooms and an interpretive display explaining the hydrology and geology of Sparks Lake. Hike into a lodgepole pine forest and come to a junction. Heading right on a paved trail will take you through a fissured lava flow where you’ll get your first glimpses of South Sister and Broken Top. Stop here for photos, then keep going for a zillion more viewpoints that’ll have you whipping out the camera.

The entire loop is roughly 2.6 miles with some moderate elevation gain. Parts of it are paved, but most is dirt. Dogs are welcome, but should be on leash. Once the Cascade Lakes Highway closes for winter, getting here means having to snowmobile or ski in under your own power. 

 

Horse Butte Loop

While somewhat less scenic than others on this list, the Horse Butte Trailhead is the gateway to a 10-mile loop ambling past unique high desert landmarks like Boyd Cave. It’s popular with trail runners and mountain bikers, and you’ll score lovely views from the eastern side of the loop looking west toward the mountains. 

Pack plenty of water and take a potty break beforehand, since you won’t find any amenities out here. But you will find some solitude, particularly if you visit on a weekday morning. This one’s a good pick in winter months when its lower elevation keeps it mostly frost-free.

Big Tree Loop

If you’re taking it easy, Big Tree Loop trail in La Pine State Park is a perfect pick. Just under a mile, it’s a fairly flat trail with a section that follows Fall River. As the name suggests, the trail passes by a stately ponderosa that was once the world’s largest of its species (at least until it lost 40 feet off the top in 2016). 

But back to hiking. If you’re feeling more ambitious, La Pine State Park offers several other loop hikes, including Cougar Woods Loop and Deschutes Loop. Study the map and see what floats your boat!

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How Long Does It Take to Build a House?

 
 

How long does it take to build a house? It’s a question often posed by people looking to buy an idyllic piece of land so they can construct their dream home from the ground up. If this describes your current housing situation, you’ve come to the right place.

So before you invest in that spacious lot with stunning views and mature trees, it’s wise to consider the time it’ll actually take to build the place you’ll be living in—especially considering supply chain issues and overall construction delays caused by the COVID-19 pandemic, which are expected to last through 2022.

How long does it take to build a house?

In a perfect world, depending on the site and zoning classification, it typically takes from three to six months to build a house. However, given the current state of supply chain slow-downs, labor shortages, and increased building demand, it’s more realistic to factor in a few months of delay.

The U.S. Census Bureau’s most recent 2020 data from the Survey of Construction estimates approximately 6.8 months as the average length of time from start to completion of new privately owned residential buildings. That number rises to nearly 12 months for owner-built houses, and falls to just under 6 months for build-for-sale homes.

Depending on U.S. location, the average build times increase and decrease. For instance, houses in the northeast are averaging 10.7 months, while construction in the south is at about 5.9 months.

No matter your location, the key to any successful new home building project is having approved house building permits, a process that can take a long time in some areas. So plan ahead. The biggest obstacles to obtaining a new home permit are poor due diligence, neighbors who oppose construction, and a backlog at the building department.

Main factors that affect how long to build a house

“Location and what I call environmental conditions can slow down or speed up a build greatly,” says Bill Green, president of W.R. Green Construction, a custom builder in Connecticut and Colorado.

What kind of environmental conditions? Factors such as soil type and site topography. For example, to construct a house with a slab on a level site with stable draining soil conditions is likely to take half the time it would take to construct the same house on a hilly lot. Building in a coastal earthquake or mudslide zone, or in a fire hazard zone, will also prolong the construction process.

Another major factor to consider in estimating the length of the process is how skilled the contractor is. An experienced new home builder will typically take less time to complete your new home.

Choose a contractor with a good reputation among the local municipality and real estate community. When issues arise, they’ll get taken care of quickly, says John Kuroda, manager at Sleight Farm, a subdivision of new-construction houses in LaGrange, NY.

What can increase the average time to build a house?

The overall time of a build usually depends on labor, supply chain issues, and weather conditions. Construction can easily be delayed by labor shortages, construction supply and building material hold-ups, and shifts in temperature or too much precipitation.

Other factors that can cause a delay? “The owners,” says Todd Whalen, owner and CEO of Eclipse Building Corp. Yes, that’s you!

If you delay in selecting finishes or decide to add change orders to your new home during construction, you can significantly prolong your construction time. As much as possible, stick with your home design—don’t tell your builder after the drywall is installed that you want the kitchen on the other side of the house, or a different floor plan altogether.

Real estate markets experiencing a building boom may also face a shortage of laborers and subcontractors—another thing that can lengthen the overall building time.

How to shorten the average time to build a house

Planning is far and away the most important way to shorten the building time frame, according to Green.

All the components of building a new house are interrelated, so if you plan the build, you can reduce the chance of delays and mistakes.

For instance, the thickness of the tile you select for a bathroom will determine the exact location of pipes that your builder must have in place before building your foundation.

Make sure you understand the lead time on products such as windows and doors in order to have them on the building site when they are needed.

During construction, an extra few weeks waiting for something can delay your timeline. Having all the different work crews—electricians, plumbers, HVAC specialists, etc.—working as promptly as possible in the building process helps speed everything up, too.

You should hold the builder accountable, by including a penalty in your contract if the builder misses the agreed-upon completion date, says Jesse Fowler, president of Tellus Build.

Being active and staying on top of things throughout the building process—such as scheduling weekly site walks to check on progress—can help keep everything on track.

Read more Realtor.com

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Can an LLC Buy a House? What to Know About Buying a House Under an LLC

 
 

If you own your own business, chances are you have a limited liability company (LLC) or, at the very least, you know what that is.

Business owners may choose to buy a home using an LLC or under their own name. Buying a home under an LLC is beneficial for two main reasons:

Reason No. 1: Homeowners can maintain some privacy because the LLC is listed as the property owner

For buyers who don’t want nosy people to be able to locate their addresses in public records, buying a home under an LLC is the preferred way to acquire property.

Many buyers of high-end properties prefer using an LLC, because all property transfers are recorded and available to anyone who wants to look up information on an address. An LLC prevents a buyer’s name from entering the public record.

Reason No. 2: Owners have more protection in the event of a lawsuit

If you own your residence in your name (as most people do), someone who’s injured on your property can sue you directly.

While homeowner’s insurance (and umbrella insurance if you have it) will cover the payments on a successful lawsuit up to a certain point, your other assets––including your savings, investments, and home equity––could be garnished to pay the rest of the damages.

However, if you own your home in an LLC, then the lawsuit can only name the LLC, and the only assets that can be used to pay off the suit are those assets held in the LLC (which usually would just be your home.)

In addition, investors commonly use an LLC to purchase properties they intend to rent to tenants because of the liability protection offered by the structure. When you own your property as an LLC you pay your property taxes through the LLC and can even funnel other costs of homeownership through the LLC.

Keep in mind that establishing an LLC will impact your property taxes and future capital gains taxes. The impact varies from state to state, but in most states you’ll need to pay an annual-report filing fee in addition to your property taxes. You’ll also need to pay legal fees to set up an LLC,  which can be expensive depending on the structure of your LLC.

If you’re considering buying a home with an LLC, it’s important to consult an attorney and a tax advisor with experience in your state. You need expert advice to understand the implications of buying property under this type of ownership.

Potential cons of buying a house under an LLC

If you’re sold on the idea of buying a house under an LLC, it’s important to first examine some of the potential downfalls of this strategy. One of the biggest surrounds the difficulty of securing financing. Not to mention, you likely won’t be eligible for most types of residential loans, including FHA or conventional loans sold to Fannie Mae or Freddie Mac.

Buying a home under an LLC also means you’ll forego capital gains exemptions. Typically, home sellers pay no capital gains tax on the first $250,000 of profit as a single individual or $500,000 as a married couple. But when you own a property as an LLC, you’ll ultimately be responsible for the tax bill, no matter how small or large your gain is.

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5 Pieces of Outdated Homebuying Advice That Your Parents Might Give You

 
 

When I was preparing to put an offer in on my first home, my mom, over the phone, was nudging me to come in under the list price.

My real estate agent — who I knew was tenacious because she told me from the onset her favorite color was leopard — was blunt: That would be a horrible strategy and I’d likely lose the bid. Plus, it wasn’t worth haggling over the $5,000 to $10,000 that would be spread out over a 30-year mortgage, especially since my heart was set on the home.

In this case, mom — who is very financially savvy but last bought real estate before dial-up internet was around — didn’t know best. 

As it turns out, the well-intentioned real estate advice parents relay is sometimes outdated or misinformed. Here, real estate experts share some of the worst (and most persistent) pieces of advice that family members share regarding homebuying.

The Bad Advice: Don’t pay the full price in your initial offer.

In a buyer’s market, you may be able to gamble and come in under the list price. But, in general, underbidding (as my own mom advised me to do) is an outdated strategy, especially in this ultra-competitive market. 

“Paying the full price in your initial offer can help you score the home of your dreams, so don’t be afraid to go all in,” says. Beatrice de Jong, Opendoor broker associate and consumer trends expert. In fact, if there are multiple offers on a home and properties are flying off the market quickly, you may need to go a smidge over the asking price, typically 1 to 3 percent, according to The Mortgage Reports.

The Bad Advice: When checking out a property, don’t let the Realtors see that you like it.

Your family members may tell you to wear your best poker face to a showing or open house. The idea is if you show neutrality or disinterest, you’ll be able to negotiate a better price, de Jong says.

“However, in today’s hot housing market, this tactic may deter folks who would rather sell to someone who is clearly passionate about that particular home,” she says. “After all, sellers want certainty that a buyer is motivated to close on the home.” She suggests being honest about how you feel about the space. “Acknowledge what you love about it while being forthright about its shortcomings,” de Jong says.

The Bad Advice: Buy something you can see yourself living in for years.

Your first home doesn’t have to be your forever home, says Liz Coughlin, who co-owns HD Properties LA in Palm Springs and Los Angeles. In fact, in many markets where homes are expensive, this isn’t realistic advice, she says. But if you’re in an area where homes tend to appreciate over time, it’s a good idea to start small in a starter home that you can comfortably afford, she says. “Update over time, gather equity, then move up to your next property that suits your next life stage,” she says.

The Bad Advice: You need a 20 percent down payment or else you won’t be able to afford a home.

Larger down payments have some advantages. They can help you avoid paying private mortgage insurance (or PMI) and they can translate to lower monthly mortgage payments. But did you know that, according to the National Association of Realtors, the overall average down payment is 12 percent, and that the average first-time buyer puts down 6 percent? 

If you can’t wait to get into the home of your dreams, but don’t yet have 20 percent down, consider looking into an FHA (Federal Housing Administration) loan, which is backed by the government, suggests Andy Taylor, GM of Credit Karma Home. FHA loans allow borrowers with down payments as low as 3.5 percent to qualify for home loans, if their credit scores are 580 or higher. Borrowers with scores between 500 and 579 will be on the hook for a minimum 10 percent down payment, he says. 

The Bad Advice: “You should use the same lender we used.”

Mortgages aren’t one size fits all, so it’s always smart to shop around for your mortgage, Taylor says. “Anyone shopping for a mortgage should compare rates and terms from different lenders,” he says. Spending the extra time shopping around could save you tens of thousands of dollars over the course of a loan. Taylor suggests getting quotes from a handful of lenders before you commit to a new loan.  

If you’re worried about multiple requests or inquiries dinging your credit score, understand that any impact to your score will be small, and you can minimize any negative impact by shopping in a short period of time, Taylor says. 

“Complete your mortgage shopping in 14 days, and when multiple lenders request your credit score within that time, it will only count as a single inquiry,” he says. That window could be as much as 45 days but the rules can vary depending on what scoring model lenders use, so 14 days is the recommended safe bet, according to Taylor. 

Read the full story on Apartment Therapy.

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Millennials, Remote Work Are Upending Cities - What It Means for Real Estate

 
 

Location is, and has always been, everything in real estate.

The truism that where a property sits must be its most important characteristic remains undisputed. But what is location, really? What does it mean to homebuyers, and what are the consequences when changes come?

The truth is, street layouts, public transportation systems, commuting routes, open space, walking paths, restaurants or shopping, parks, schools and scenic views are malleable both in how they are valued and how they come to be. While location might seem like a relatively static feature when talking about properties, shifting priorities from policymakers as well as evolving consumer preferences can quickly cool off a hot neighborhood or revitalize a lagging market.

Both these processes are happening all the time, but the current shift is maybe more dramatic and moving more rapidly than at any time in recent memory as Americans completely reevaluate exactly where they want to live—and why.

Dr. Sam Chandan is a professor at NYU and Academic Dean of the school’s Schack Institute of Real Estate. He says a multitude of changes are manifesting now that could impact both city planning and real estate for decades to come.

“Millennials are not necessarily looking for something that looks like Levittown,” says Chandan, referring to the hyper-planned suburban Long Island community that is often cited as a model of postwar housing philosophy. “It’s not sort of a ‘Leave it to Beaver’ scenario.”

With people born in the 1980s and 1990s becoming the largest segment of homebuyers, understanding that demographic’s needs and preferences is a holy grail for real estate professionals. But how is that information guiding the growth of towns and cities, and what does it mean for the housing market?

Chandan says that like most things real-estate related, the answers are always going to be local. But as the temporary supply constraints currently preventing the housing market from reaching its full potential fade, Chandan predicts that areas that allow higher densities through zoning reforms and follow a more centralized, community-oriented plan of development will be best positioned to capitalize and grow.

“We’re talking about wanting to be in easy reach of a set of cultural and social amenities, and I think that is quite different from what we would have seen as the profile of a comparably-aged young family 30 years ago,” he says.

Waiting on the World to Change

Manhattan Beach nestles in the southwest corner of Los Angeles. The median sale price for a home exceeds $2 million, according to U.S. census data, with a mostly white and Asian population in a county that is almost 45% Hispanic. Most residential areas are composed of close-set, adobe-roofed single-family constructions on narrow streets, bisected with a commercial thoroughfare that feeds into the city’s bustling beach-adjacent downtown—a spread of health food stores, cafes and boutique retail shopping pressed right up against the water.

Kristi Ramirez-Knowles is a team leader for Your Home Sold Guaranteed Realty and a long-time Manhattan Beach resident, though she works in many of the surrounding southwest LA cities. In an area that is historically resistant to change, COVID has potentially provided a kick-start for generational changes in living preferences.

“Now, post COVID—though we’re still in COVID—we still have a mix. We still have people that are willing to go almost anywhere,” she says. “ it’s a safe community.”

Woburn, Massachusetts is a sprawling suburb about 25 minutes outside of Boston. It can trace its European colonization back to the mid 1600s, and is now characterized by its rustic winding streets and big colonials with plenty of forested areas and parks filling the margins. The town offers a wider range of price points, from $150,000 ranch fixer-uppers to a handful of multi-million-dollar estates.

Eileen Dohtery is a ninth-generation resident of Woburn with 40 years of real estate experience, currently working for Lamacchia Realty. She says even as homebuyer preferences have evolved rapidly, change in policy and infrastructure often creeps up more gradually.

“Current residents are beside themselves because there’s so much development—if anything they’d like to restrict it and make it less per acre,” she says.

Dan Forsman is President & CEO of Berkshire Hathaway HomeServices Georgia Properties. Overseeing the Atlanta region, he says dozens of thriving suburbs—many of which were originally vacation or resort communities—have begun “revitalization” efforts to begin serving changing needs and desires of longer-term residents.

“Eclectic, farm to table restaurants—people are looking for that, access to that, and looking to where they can get that when they’re away from what I call ‘white noise,’” he says.

Though these three disparate regions will certainly evolve along different lines at a more granular level, Chandan says that broadly the narrative of mass migration to different states or cities is overblown. People—especially young people—are looking to live within or near traditional metros like New York or Boston, but specifically for towns that can offer them a specific index of amenities.

“What the data actually tells us is the dominant trend is greater dispersion in the metropolitan area,” he says. “They’re able to sort of optimize in a way that also accounts for all these other things that they care about.”

What’s My Age Again?

One of the most direct methods of addressing these needs is “upzoning” to allow for more density around what Chandan describes as the “quasi-urban core” of smaller towns and suburban cities. This has proved effective in combating land scarcity, affordability and transportation access, and often allows for developments of mid-rise condo complexes, townhomes or repurposed mixed-used construction that previously might have been disallowed or heavily regulated.

These changes are also becoming more politically viable in many places as a new generation arrives—a generation that is more comfortable with diversity and living close to others, according to Chandan.

In Woburn, this is only partly true, as Dohtery says she has observed some attitudes changing while others have not—starting with acceptance of racial diversity.

“In the older parts of the center…it was more mixed nationalities. The older people wouldn’t walk down there. Younger people are that much more liberal, they don’t care, they like it. That’s where you see changing,” she reflects.

In recent years there has been a big push to tear down old buildings in Woburn’s centuries-old central hub, putting up some multifamily living units and opening restaurants and retail stores. Doherty herself owns a multi-family home right in the city center, where her niece currently lives with some younger roommates.

“They absolutely love being there, they walk downtown—literally in their backyard—to a different restaurant every night,” she laughs.

At the other extreme, some neighborhoods in towns abutting Woburn can only be reached by unpaved, pothole-ridden streets—not because the town cannot afford to fix or pave them, but because people who live there have lobbied against it, according to Doherty. The idea, she says, is to discourage anyone who doesn’t live there from even driving past, keeping noise and nuisance to an absolute minimum.

“That’s old Yankee money,” Doherty says. “It keeps the people out of their neighborhood.”

Some of these folks are likely fighting a losing battle if they’re hoping to prevent development to that extreme (Doherty is currently involved with a 147-unit townhome development in Woburn). While resistance from locals can certainly slow down the evolution of a city, eventually both policymakers and developers are going to find ways to meet consumers with what they want.

One thing that is changing in Los Angeles is at least a partial removal of one of the biggest barriers there: commuting. In the past, Ramirez-Knowles says she would tell potential homebuyers to rent a hotel for a night near a neighborhood they were considering and see if they could endure the level traffic and smog on a day’s commute before deciding to live there.

But now with remote work, as well as a renewed emphasis on transportation and now-ubiquitous electric cars, Ramirez-Knowles says that areas that used to be defined by their freeway access and distance to business centers are trying to become self-sustaining.

“So many millennials are doing a lot of their jobs—-they can work from home,” she says. “They don’t want to get out and drive. It’s important for them to walk or if they have to drive, drive a very short distance.”

That is not to say that traffic does not matter anymore—commuters still end up driving as much as four hours a day to go a handful of miles cross-town, Ramirez-Knowles says. But areas that have more space, better views and nice schools are now options for many more families who do not have to worry about prohibitively lengthy drives.

Another offset of the millennial lifestyle and work-from-home opportunities that is influencing city layouts is loneliness. Starting with the pandemic isolation, Ramirez-Knowles says people began seeking out “community amenities” where they could at least encounter another friendly (even mask-wearing) face.

That has continued as people who work from home have limited excuses to just get outside, meet neighbors and learn about their town.

“They want to be able to go walk their dogs, walk with their kids, get outside and get vitamin D,” she says. “You’re not getting out very much…you need places to go walk, you need a walkway—a green belt, if you will—a park, a pier.”

In the Atlanta area, several towns are realizing that they can provide a lot more for their changing communities, according to Forsman. People who have second homes in the suburbs are spending more and more time away from the white noise of their working lives, he says, and are beginning to look for the same amenities in these areas as they have in their primary homes.

Though this trend is hardly analogous to what is happening in Woburn or Los Angeles, the effect is the same: cities are re-developing downtowns and shifting the kind of access and amenities they provide.

“They’ve had a face lift and an upgrade, because people aren’t going to malls the way they used to,” Forsman says.

This applies even to areas in the north that historically have been made up of mostly seasonal resort towns in the mountains. As flexible work allows residents to spend more time here, businesses move in to provide more grocery shopping, entertainment and year-round services, which in turn draws even more people to make those towns their permanent—or semi-permanent—homes.

Stop, Collaborate and Listen

There are many other barriers and unintended consequences stemming from the types of changes happening right now as well, he adds. Cities that are too successful with these tactics will quickly see the price of land and homes balloon, slowing real estate growth and creating more racial and economic segregation.

In places like Woburn, there is also the possibility of political backlash, and policymakers must balance the often-powerful backlash from residents and other stakeholders who fear loss of so-called community character or outsides.

Real estate professionals can make a big difference in these situations. Doherty says that as a longtime resident she is trusted by even the most stalwart Woburnites and can navigate the complicated landscape of local politics and land use laws, where trust and experience make all the difference.

Doherty speaks of being contacted by a local politician one time, who invited her to attend a campaign event emphasizing that she was maybe the most well-known public figure in the area.

“I said to him, ‘I have to go, I sold you your house!’” she laughs.

In Woburn, developments, zoning tweaks and infrastructure investments happen gradually, and becomes much easier with any local support, according to Doherty, with projects eeking through the approval process one by one.

On the other side of the country, Ramirez-Knowles says the overpricing and lack of homes has pushed people to settle in areas where the schools or neighborhoods maybe aren’t what they had originally hoped for. Developers are building brand new, more affordable condos inland in cities that haven’t historically been “family friendly” like Torrance and Gardena, and people are snatching them up, she says.

“I would say that’s attracting families even though the school district may not be that great. I think it’s the appeal of brand new and something they can afford,” she posits.

Many of these units are selling out before they are even framed, she adds, during the current inventory crunch. If cities approve the kind of housing units people are looking for— which Ramirez-Knowles describes as narrow, multi-floored condo communities with built-in recreation centers, pools and gyms—even more business investment and development often follows.

The result of all this movement and new development, of offering wider varieties of housing types and densities in different parts of a given city creates demographic diversity, according to Chandan. A place that can accommodate young and old, wealthy and lower income folks, families and retirees is much healthier for everyone, and especially for the real estate market. Though convincing some people of these benefits will be difficult—and sometimes impossible— Chandan argues that even those who prefer their “Leave it to Beaver” lifestyle will eventually benefit from this type of change.

“The person who is a young family right now in a two or three-bedroom rental unit in that quasi-urban core—in five years, that person is a potential buyer for your home,” Chandan says.

Keep reading on RISMedia.

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