2008/06/18

Gas prices affect home buying trends

With oil prices sky high, home buyers are doing whatever it takes to minimize their commute. It's no surprise that nationwide more and more people try to live near a train station to reduce their driving - thus their gas consumption.

This begs the question, what is more important now, the tag price on a home or its distance to a commuter rail? How much money you spend on gas might be the amount you could spend on a better neighborhood or a more costly (and nicer) community. These are just things to think about when you decide to either buy a new home or move to a new place.

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