Home Prices Drop Most in Areas with Long Commute
| April 21, 2008 |  View for printing |
Economists say home prices are no where near hitting bottom. But even in regions that have taken a beating, some neighborhoods remain practically unscathed. And there's a pattern emerging as to which neighborhoods those are.
The ones with short commutes are fairing better than places with long drives into the city. Some analysts see a pause in what's long been inexorable—urban sprawl.
by Kathleen Schalch
Full Story: http://www.npr.org/templates/story/s ... Id=89803663
(Many thanks to John Masterson for passing this along. Russ)
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