How to “Read a Neighborhood”

Like most things in real estate, neighborhoods are constantly changing in value. In some cases they can improve rapidly and decline gradually, but more often than not they change slowly, over time. Ideally, you want to buy property in neighborhoods as they’re appreciating. You certainly don’t want to pay top dollar in a neighborhood which is in decline. So how can you tell which direction things are heading? Home values over time are one way to tell, but they tend to lag behind the trends. Values reflect what the current situation is… they don’t predict the future. While you definitely

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What to Look for When Evaluating School Districts

  Given the way most communities work, the location of a home dictates the local school district. The quality of the school district can have a direct impact on the value of your home. Even if you don’t have kids or don’t have to plan kids, the quality of the local schools can positively or negatively effect your home’s value. Buyers tend to prefer homes in good school districts, either because they have school-aged children, or they are thinking of resale value down the line. So how do you know if your local schools make the grade? What signs point

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