The rise and fall of Phoenix home prices can be tracked to the freeway grid and congestion.
"But now, commute-weary metro Phoenix home buyers are studying the freeway grid as carefully as test scores... In the West Valley, a hotspot for home construction, home buyers are following the new Agua Fria arm of the Loop 101 freeway to find fewer traffic jams and sometimes less expensive houses. More than half of all new residential development went up on the west side in 2001."
Thanks to Chris Steins
FULL STORY: Freeways can dictate home prices' rise, fall
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