How $4 Gas Is Changing Boise Real Estate
$4 a gallon gas is affecting the Boise real estate market.
I talk with a lot of buyers and sellers each week and I am hearing the same thing from many of them.
They are telling me that expensive gasoline is causing them to rethink where they want to live.
I recently showed a home in Eagle to prospective buyers from Horseshoe Bend who want to move to Eagle to be closer to work due to the cost of commuting.
The only thing holding them back is the home they must sell in Horseshoe Bend before they can buy here.
That could take awhile.
And, I am hearing similar comments from potential sellers who live in Star, Middleton, Kuna, and Nampa as they deal with the cost of commuting to jobs in Boise.
Makes you wonder what it’s like to live in Nampa, fight the traffic on I-84 in rush hour, and pay $4 a gallon for gas while working for $11/hour and paying for child care.
June 15th, 2008 Posted in About Our Area
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