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House values near transit outperform
Homes near public transit retained their value better during the recession than their counterparts in auto-dependent areas, according to a recent study. What`s impressive is the extent of it: In five metropolitan areas`Boston, Chicago, Minneapolis-St. Paul, Phoenix, and San Francisco`residential property values performed 42 percent better on average if they were located near public transportation with frequent service.
Read the full article here.
Homes near public transit retained their value better during the recession than their counterparts in auto-dependent areas, according to a recent study. What`s impressive is the extent of it: In five metropolitan areas`Boston, Chicago, Minneapolis-St. Paul, Phoenix, and San Francisco`residential property values performed 42 percent better on average if they were located near public transportation with frequent service.
Read the full article here.