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Who ever said increased gas prices would only affect consumer spending was not in the real estate business. As the cost of fuel increases it has rippling affects in the housing market as well.With gas prices now over the 4 dollars per gallon in the United States, now natural gas is going up as well. When this happens home buyers look for smaller homes to keep the energy bills down. The big kicker is home buyers look for homes closer to their work.What does all this mean. It means the condos and town houses that are close to down town, which … (2 comments)
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