Best Ever Show Real Estate Advice

JF367: Don’t Buy the Worst House in the Best Neighborhood, Do This Instead #followalongfriday

Zillow is all over home buyer data, and Joe breaks down an unpredictable excerpt of one of the firm’s latest publication, The New Rules of Real Estate. Hear how the authors are able to predict an area’s appreciation, and which home renovation will land you the most value…can you guess? Hint, it’s not the living room!

 

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Two other lessons I learned from The New Rules of Real Estate by Spencer Rascoff and Stan Humphries:
1. The better the Walkability the more your house will appreciate.
2. Owning a home isn’t for everyone
a. Plus, more walkable homes are more resilient when recessions hit
a. Encouraging low-income families to invest in underperforming communities further
traps them because the extent of house gains or losses tie back to the affluence of the
neighborhood in which it’s located (quote from book)
Buy the book here: The New Rules of Real Estate

 

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Listen to the Episode Below (19:33)
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