investing

Buying the Worst House in the Best Neighborhood

Buying the Worst House in the Best Neighborhood

One of the most common sayings that one may hear surrounding Real Estate is to “buy the worst house in the best neighborhood”.  A house that is surrounded by homes which are priced higher, those higher values should naturally pull the lower ones up.  Given that buying a home is one of the largest investments that anyone will make in their lifetime, shouldn't we be making sure that this logic is sound?