The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.
Zillow and Yelp have joined forces to create a Cityness Index to help people find suburban locales that possess a touch of urban appeal — think restaurants, cultural attractions and nightlife — while offering more space and lower home prices than can be found in big cities. The index highlights the appeal of suburbs such as Sunrise, approximately 35 miles northwest of Miami.
The new Cityness Index combines various data points from Yelp and Zillow, including housing availability, inventory and home values compared to those in the nearest major city. Other criteria considered includes a mix of businesses similar to what’s found in major cities, a diversity of arts businesses, restaurants and nightlife and a high level of consumer activity. The index assigns a Cityness score to each suburb near a major city and identifies the highest scores in the biggest metro areas in the U.S.
“At Yelp, we’re seeing consumer interest and requests for quotes in categories like movers, packing services and mortgage lenders increase in major metro areas, compared to the same time period last year,” according to Yelp trend expert Tara Lewis. “For city dwellers who don’t want to sacrifice great amenities like restaurants, art galleries and nightlife, but are dreaming of a little more space and a more affordable lifestyle, these suburbs offer a similar variety of great local businesses.”
Read Source Article: Miami Agent Magazine