How to Judge a Neighborhood’s Quality of Life

A great Article from and that House of Brokers posted. Definitely take the time to read through it.
-Realty Executives of New York

Location is a huge factor in successful homeownership. Just a mile—in some cases just a city block—can make a difference in home values, health risks, crime and the general quality of life for you and your family.

Everyone has different priorities but neighborhoods that are more likely to cause trouble for your housing investment often share certain qualities. What makes or breaks a neighborhood, and what are the signs of decline?

Here are four ways to evaluate an area:

Home Prices

Sale prices in an area offer a good barometer of what’s happening on the ground. A neighborhood where homes linger on the market for years, where owners constantly drop their selling prices or sell for much lower than they initially asked for, might not serve as a great investment for a new home buyer. Most of that information is publicly available. A REALTOR® can answer questions too. Pay very…

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