The Influence of Gas Prices on Home Buyers

"Location, location, location" has always been a key factor in real estate sales. But as gas prices have risen dramatically over the past year, the issue has become even more important. A majority of homebuyers are considering closely the cost of commute in chosing a location for their new home. It is likely that proximity to work, schools, or other family members will become a major decisive factor for many buyers who are trying to control their spending at the pump. The rise is gas prices is also impacting the way buyers shop for a home, with many opting to do more research online rather than driving all over town to view listings. For more information, click here to read the full article from RealtyTimes.com.