The Wells Fargo/NAHB Builder Confidence survey, for February, reported a historic drop in Builder Confidence.
Rail-to-trail projects spurring real estate sales nationwide
Atlanta’s Eastside Trail is one of the latest examples in the rails-to-trails movement.
Atlanta’s Eastside Trail, part of a $2.8 billion plan to transform a 22-mile railroad corridor that encircles Atlanta into a network of trails, parks, affordable homes and ultimately streetcar lines, is one of the latest examples in the rails-to-trails movement. These projects aim to make better use of old rail corridors by creating better-connected and more livable urban areas. More than 1,600 abandoned or unused rail corridors nationwide have been converted to trails, which totaled more than 19,000 miles in 2012. Such projects are sparking real estate sales and energizing future development.