Rising Tides In Real Estate Value

There are time-worn real estate adages that never seem to go away. “Location, location, location” is one of them, and it still applies. But what about the one used in every “fix-and-flip,” or “fix-and-occupy” program on HGTV about buying the worst home in the best neighborhood?

For all those experts who push buying the most run-down place in the best part of town as a surefire winning investment because the only way its value can go is up, it may be time to take a second look, according to by Spencer Rascoff and Stan Humphries’ book Zillow Talk: The New Rules of Real Estate.

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