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ON THE HOUSE HOURWhat Happens To The Residents When The Neighborhood Grows Up? |
On The House Topic: Neighborhoods evolve through stages of development, growth, maturity, and sometimes revitalization or decline. Initial settlement leads to community formation, amenities, and services. Demographic shifts and infrastructure updates play roles in the neighborhood’s life cycle. One of the many reasons a neighborhood could decline in Arizona is the abundance of space to build new developments. Those homes, though often on the outskirts of town, may be priced for first-time home buyers who want something new. However, some of our older neighborhoods have been revitalized and have become popular “new” neighborhoods… READ MORE IN THIS BLOG>> and scroll below for a breakout of each segment in this podcast with resource links.