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How do I know if an area is appreciating?
I'm hoping to move to an area that's up and coming. How do I know if the area is up and coming? Or how can I tell if it's appreciating? I fear buying in an area that seems like it's going up and then takes a turn and I'm stuck.
Asked By Rosa | Boston, MA | 341 views | Buying | 1 year ago
Answer(1)
Adrian Tridel
Adrian Edwards
To determine if an area is appreciating in value, look for signs like rising home prices over time, increasing demand for housing (evident through quick sales and low inventory), improvements in local amenities and infrastructure, and positive economic indicators such as job growth and income levels.
- 11 months ago
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