I’ve been seeing more and more stories popping up all over various news outlets about high gas prices lately. Most have been about how the issue will effect the November presidential election, but it’s only a matter of time before the conversation moves to real estate again. Rather than re-writing all of my thoughts on […]
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I realized we have beat the subject to death with a pair of posts and this week’s poll, but I had to at least point out a Rhodes piece in today’s Seattle Times on the issue of gas prices and home buying patterns: Will gas prices drive homebuyers away from suburbs? The article starts off […]
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In a discussion last month where we discussed the relationship between gas prices and home purchase decisions, I made the following assertion: …mathematically the decision to move closer just because of higher gas prices doesn’t really make sense. In the last few days I’ve run across a few news articles that again make the contrary […]
With gas prices passing another big round number lately, there’s been a fair amount of talk about how the high price of fuel is affecting people’s daily lives. When it comes to the real estate market, common knowledge says that higher gas prices will hit home prices in the suburbs and exurbs, while helping to […]