An Iran deal would help drivers – and homesellers

Virginia Pilot
Philip Walzer
July 9, 2015.

Whatever happens in Iran and Greece, gas prices almost surely will fall during the remainder of the year, analysts say.

That will benefit not just drivers, but also homeowners looking to move, according to a Virginia researcher.

A drop in gas prices pumps up the average sales price of a house while slicing the time it takes to sell it, said Bennie Waller, a professor of finance and real estate at Longwood University.

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