Promoting the Joys of Carfree Life in the USA
(Since February 2006)
Monday, April 21, 2008
Home Prices: Exurbs Decline/Cities with Transit Thrive
Economists say home prices are nowhere near hitting bottom. But even in regions that have taken a beating, some neighborhoods remain practically unscathed. And a pattern is emerging as to which neighborhoods those are.
The ones with short commutes are faring better than places with long drives into the city. Some analysts see a pause in what has long been inexorable — urban sprawl.