One of the local papers I check-in with is the Pioneer Press of St. Paul. Yesterday, they ran an interesting piece on the Twin Cities regional housing market, and pointed to the decline in x-urban migration. Click here to see the story.
Implications: In this region, consumers seem to be staying closer to the city, due in part to the rising (or at least volatile) price of gasoline.
What’s happening in your town? Do you think this is a short-term blip... or a long-term consumer trend?