Posts from June 28th, 2008

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Houses Pile Up in Outlying Small Cities - The Morning News

June 28th, 2008 by Anonymous

Last updated Saturday, June 28, 2008 5:17 PM CDT in Business

By Kim Souza

The Morning News

When Jennifer Grandon bought her Prairie Grove home in 2005, gas was $2.15 per gallon and the one way 23-mile drive to work was a compromise made to find a larger house she could afford on her single income.

Grandon was moving up from a small starter home she owned in Fayetteville.

Now that gas is pushing $4 per gallon, she would like to sell and move closer to her workplace in Springdale, eliminating the 230-mile weekly commute.

"I kept my house in Fayetteville as a rental and I would move back in a heartbeat if I could only sell my house in Prairie Grove," Grandon said.

The problem for Grandon and dozens of others in similar situations is homes in outlying areas are in generous in supply but sho...

Click Here to Read More...

Categories: Crye-Leike in the News