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Old 05-03-2006, 10:37 AM
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Post Homeowners Now Buying Closer To Work

Gasoline prices have all of us trying to find ways to cut down on how much we drive. But with prices pushing $3.00 per gallon, some people are making extreme gas-saving decisions.

Pretty soon Jake Jacobson will be riding his bicycle to work. Jake and his wife love their Cottage Grove, Minn. home. They've lived there nine years but reluctantly, they put it on the market Monday.

With gas prices on the rise, realtors are seeing buyers take their commute into account when deciding where to live.

"It's bittersweet, I really love it here," Jacobson said. "It's a situation where we want to get closer to work. Like everyone else, I certainly don't like the high gas prices, so I'm going to do what I can do to make sure that we keep things under control."

The couple just bought a townhouse in Mendota Heights, Minn. It cuts out the Cottage Grove, Minn. commute and puts Jacobson's wife much closer to her job in St. Paul. It also puts him within biking distance of his job in Minneapolis.

"I think we'll save at least $80 to $100 a month," Jacobson said.

Even if more people are moving closer to work, not everyone is gravitating toward the cities.

Realtor Pat Paulson of Great Minneapolis Real Estate says he does see his buyers look for homes near their work, wherever that may be.

"We find that employment is everywhere nowadays, as opposed to a few decades ago where most of the employment was downtown. Now you have employment everywhere," Paulson said.

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