Study: Are gas prices changing home buying habits?

Filed under: Etc., Earnings/Financials

gas station

Rising gas prices have an affect over many aspects of our lives. Besides increasing the cost of operating automobiles, more expensive fuel leads to an increase in the cost of shipped goods, food and airline tickets. Can gas prices also create changing attitudes amongst home shoppers?

Coldwell Bankers Real Estate recently conducted a survey of real estate professionals, and it found that 75 percent reported clients reevaluating where they search for homes. Home shoppers are looking to reduce commuting distance in order to reduce fuel consumption. The survey found that 77 percent of real estate professionals saw an increase in the number of folks looking for home offices and 68 percent of that pool believe the surge is attributable to rising fuel costs.

The folks at Nielsen have a different take on the matter, however, and believe U.S. consumers have adjusted to a new “spending reality.” Folks are adjusting their spending habits to conserve where possible, but Nielsen doesn’t believe it’s on the level of the 2008 economic freakout.

So now we’re going to turn to you, dear Autoblog reader. If you’re in the market for a house, have rising gas prices shaped your search in any way? Sound off in Comments.

Are gas prices changing home buying habits? originally appeared on Autoblog on Wed, 25 May 2011 18:41:00 EST. Please see our terms for use of feeds.

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Video: Bad Habits’ monster truck world record practice session doesn’t go as planned

Filed under: Motorsports, Truck, Videos, Off-Road, Racing

Hey ya'll, watch this!

Bad Habits takes a dive – Click above to watch the video after the jump

Few realms of motorsport live the “Go big or go home” mantra to the fullest quite as well as the monster truck world. Aside from one of the largest voiceovers in the industry (“Sunday, Sunday, SUNDAY!!“), the guys who wrangle the epic horsepower, rear-wheel steering beasts of the Monster Jam circuit also boast some of the biggest egos. You know, the kind of sheer will of character that it takes to look at Bigfoot’s 202-foot, record-setting jump over a jetliner and think, “Nah, I can do better.” Such is the case with Joe Sylvester, the 26-year-old driver of the Bad Habits truck.

Sylvester has got it into his mind that he can embarrass the Bigfoot record, and has set about building a truck and a ramp to do just that. Only thing is, things didn’t go so swell during a practice session this week. After nailing his homemade ramp, the Bad Habits truck promptly began to turn its nose back toward terra firma, and it wasn’t long before the machine evaporated into a cloud of giant tires and red clay. Sylvester was unharmed in the accident and plans to officially attempt to break the record at this weekend’s Cornfield 500 at Columbus, PA’s Miller Farm. If you can’t make it, don’t worry – the folks at DirtVision plan a live webcast of this Sunday’s attempt.

Either way, we wish Sylvester the best of luck. You may want to do the same after hitting the jump and watching his failed practice attempt for yourself. Thanks for the tip, Shawn!

[Sources: YouTube, Cornfield500, DirtVision]

Continue reading Video: Bad Habits’ monster truck world record practice session doesn’t go as planned

Video: Bad Habits’ monster truck world record practice session doesn’t go as planned originally appeared on Autoblog on Thu, 02 Sep 2010 12:32:00 EST. Please see our terms for use of feeds.

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