Commuting Costs Important to Home Buyers

487579367OS00013_LONDON_UNDEven with plunging gas prices, the cost of commuting to and from the office can be pricey (as well as stressful!). But how much does that commute play into the home buying process? According to research from the National Association of REALTORS®, commuting costs definitely come into play in searching for and purchasing that dream home; in fact, 30 percent of home buyers purchased homes last year to cut down on commuting costs—a factor they cited as “very important.” Additionally, 64 percent of buyers bought their home in part because it was convenient to their job; this was so important that 23 percent of those buyers said they compromised on the price of their home to be physically closer to work, making more time for the other important things in their life, such as spending time with friends and family.

This aspect of choosing where to live can be a very important part of your decision making process. I am always happy to help you find the right location for your specific needs. Give me a call!