Money Monday: Home prices rising in car-dependent neighborhoods

“Market trends suggest that many homebuyers are prioritizing affordability above walkability.”

“Prices have been rising faster in car-dependent neighborhoods than in walkable neighborhoods since September 2018…” “Home-sale prices in walkable neighborhoods across the country increased 2.3 percent year over year to a median $343,900 in July, compared to 4.3 percent annual growth to a median $312,100 for homes in car-dependent areas.” (Redfin. 29 Aug 2019. Redfin.com/blog/walkable-neighborhoods-home-prices-rising-slower)Read more about this on Redfin.

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