Check out this new tool! Realtor® Magazine Online has added something new to its Interactive Market Research Map feature. Not only can users find the latest quarterly median home price for their local markets – as well as any percentage changes from the previous quarter – they can now find out median commute times for each metro area!
Time spent commuting is a growing concern among buyers. NAR’s 2009 Profile of Buyers and Sellers survey showed commuting costs were important to 78 percent of all home buyers.
The map allows users to click and zoom in on the location of their choice. They can also “grab” and move the map around to find the area of the U.S. they’re most interested in viewing.
The interactive map can be adjusted to different viewing modes for a more personalized experience. Users can choose from a Street Map, Satellite, Terrain or 3D version. To view the map, visit www.realtor.org/rmonews_and_commentary/articles/2008/nar_research_maps_msa.