How to Predict the Next Hot Hood
The growing interest in city living is transforming urban neighborhoods throughout the United States. But how can one get in on the rising tide before becoming priced out? Charlie Wells provides some clues.
Wells outlines some of the signs for how "the aspiring urban homeowner or real-estate investor can find a neighborhood that is truly turning into a more livable place where housing values will rise over the long term—not just an overhyped area with no staying power."
Indicators of areas on the rise include proximity to other popular neighborhoods; the arrival of higher-end retail; attractive, often older, housing stock; and healthy employment data.
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Published on Sunday, December 15, 2013 in
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