I read that before you buy a house, you have to figure out if, in ten years, the neighborhood will be going down.
Well, what would be the signs that a neighborhood is going down? (or will go down).
I live in the United States.
2006-07-23 15:54:33 · 6 answers · asked by Belindita 5 in Business & Finance ➔ Renting & Real Estate
look to see how many houses are for sale, if its not a brand new area. If there are a lot of older houses for sale, you might ask some of them why they are selling. If the neighborhood has a higher crime rate than it used to, stay away.
2006-07-23 15:59:37 · answer #1 · answered by Just Me 6 · 1⤊ 0⤋
You're looking at things like the local schools' ranking in the area, crime rates, people leaving their cars out, vandalism, etc. Nobody knows what's going to happen in 10 years, so that's not very sound advice, but what's the trend today? Are there burn spots on people's lawns, have TREES been planted/being planted (a big one).
Also, look at the age of the homes, whether people are repairing their homes, that kind of thing.
Good luck
2006-07-23 16:00:20 · answer #2 · answered by Geni100 3 · 1⤊ 0⤋
is there any new construction going on? what businesses are there-- ones that are doing well, or ones that are not doing well? what are the schools like? do the homes have bars over the windows? what kind of cars do the people who live there drive? are home sale values going up or down?
2006-07-23 15:59:14 · answer #3 · answered by realgirl768553 3 · 1⤊ 0⤋
Look at the type of people moving in ganges ,bad. bussiness type people better multi-millioneers even better yet
2006-07-23 16:11:01 · answer #4 · answered by Robert F 7 · 0⤊ 0⤋
"George Bush Lives Here"
2006-07-23 15:57:40 · answer #5 · answered by Grundoon 7 · 1⤊ 0⤋
poor upkeep of lawns, vehicles paked in the streets, loud music blaring in the streets to name a few
2006-07-23 15:58:48 · answer #6 · answered by MIN MIN 4 · 0⤊ 1⤋