Residential, Commercial Properties Close to Public Transit Enjoy Increase Values
National Association of Realtors | October 15, 2019
According to a new report by the American Public Transportation Association and the National Association of Realtors, neighborhoods located within a half mile of public transit services outperformed those in areas farther from public transit based on a number of factors. APTA and NAR's "The Real Estate Mantra - Locate Near Public Transportation" report highlighted the critical role public transportation plays in determining real estate values, revealing that commercial and residential real estate market sales thrive when residents have mobility options close by.