In metros were home owners pay the least amount for housing, they often spend some of the highest amounts on energy each year. On the other hand, in some of the priciest areas, owners get more of a break, according to a new report by Redfin.
Energy costs should be an important factor guiding home buyers. After all, energy bills can increase total housing costs by as much as 50 percent or more. This is particularly common in the Rust Belt, Redfin researchers note.
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