What affect does the sky rocketing cost of gas have on the Dallas Real Estate Market ! Many Dallas area home buyers & home sellers are reconsidering where they want to live based on gas prices. Thousands of people flocked to the north in last 5 years are now trying to sell and move back south do to driving times and rising gas prices.  As you can see below the distance from Frisco, Texas to Downtown Dallas is 24.0 miles or about 15 to 20 minutes without traffic. With traffic this ride time can easily be an excess of one hour, which is burning and wasting a lot of Gas. Plus you have to add in the tolls that you will have to pay driving up and Down the North Dallas Toll Way! So in many ways the savings you get on the sales price of a home in North Dallas may be offset by the cost of transportation if you work or spend time towards Downtown Dallas. However if you work North of the George Bush Turnpike then it may not be an issue living in Frisco, McKinney, Allen or Plano. But if you work South of GB then the extra cost of Gas and Tolls may play a significant role in were you would like to buy your next home. The same issue effects sellers looking to move closer to their jobs in order to cut back on rising gas prices.

Calling all Dallas Realtors, Home Buyers & Sellers to Respond!!!

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