Gasoline Prices and Home Values

I recently wrote and article on my Realtor web site about the price of energy is affecting the way people shop for Spokane Homes and what they are looking for. This is not unique to Spokane.

There is an interesting index that examines the cost of both transportation and housing, the way they affect each other and the impact they have on consumers and city planners. The Housing + Transportation Affordability Index, developed by CNT and its collaborative partners, the Center for Transit Oriented Development (CTOD), is an innovative tool that measures the true affordability of housing.

CEOs for Cities is putting out some interesting information on the subject as well. They have published white paper and a video describing how the price of gasoline and the overall cost of commuting is affecting home buyers. The paper and video is entitled: "Driven to the Brink."