Home Prices Drop Most in Areas with Long Commute

April 21, 2008

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/story.php?storyId=89803663

(Many thanks to John Masterson for passing this along. Russ)