What are Exurbs?
Southern California is home to millions of Americans. Large metropolitan areas have altered the landscape and demographics significantly throughout the years. Families are moving out and young people simply cannot afford to live in urban areas like Los Angeles. Across the country, this is often referred to as suburban sprawl, an unrestricted growth from urban epicenters to suburban regions. This trend has continued for years as people move away from higher crime rates, expensive housing, and poor school options found in urban centers. Lying right outside large cities, you’ll find suburbs. However, look further than that and you will find exurbs, which are growing tremendously.
Exurbs represent a compromise for many because they are still interconnected to suburbs and urban hubs and offer everything needed for a functional lifestyle without the city noise. Many people are choosing to commute longer distances in exchange for more privacy, more land, fewer neighbors, and less crime and noise pollution. An example of an exurb MGR works in is the High Desert. We often see more young families moving to this region for a more affordable lifestyle and the desire to be further from city hubs.
The owners we partner with have found tremendous value in investing in these exurbs as they continue to gain popularity. Today, some real estate professionals predict that suburbs and exurbs will eventually be absorbed together and incorporated into their own entity, creating new metropolitan areas and central hubs.
As property managers, we have experience in all types of communities. Particularly in the Inland Empire and the exurbs of the High Desert, we are witnessing extraordinary growth. We are continually grateful to guide our owners through the process of identifying where their investments will go the furthest. Whether they choose suburban areas or exurbs, we have a team ready to help manage your property, near or far.