Buying A Home
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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Since I'm new to this, I would love your thoughts...
I have a friend who grew up in a town not too far from us. When she went to high school, there was very little crime and it was a great school district. This was about six years ago. Now the neighborhoods are not kept up, there is substantially more crime and the school districts have gone down hill over a period of the last four years.
I've been reading a lot of posts in this board, and I was hoping someone could explain the "location, location location theory" to me. Everyone says you should move to the best location because you can change everything about a home except location. My question is, what happens if the location changes and not for the better?
Re: Since I'm new to this, I would love your thoughts...
Was that neighborhood relatively new 6 years ago? If so, that kind of doesn't count since "new" is unpredictable.
I've been recommended to not look into new neighborhoods simply because the future is unpredictable. However, moving into a well established neighborhood with great schools and low crime rate is likely to remain that way for a while.
Moving into a neighborhood with high crime record and bad school districts are difficult to improve. So therefore, I'm avoiding that type of neighborhood regardless.
I think many areas change with the "tide of life". My parents' area was great 10-20 years ago. The past 10 years, it has gone downhill.
We moved into a new neighborhood that was part of a greater community and the little sections of the nice community were going downhill, but it was still a highly desired area.
You just never know.
No, this town was affluent and thrived for 50+ years, then the financial crisis of 2008 hit and everything went down hill. We live near a big city that is know for a high crime rate and poor schools. The inner city crowd moved into this area, because housing was more affordable to live in this so-called affluent place. Some believe the "I don't give a fvck about education" mentality followed with them.
I guess I worry about moving into the right "location" and then having it crash around me over the next seven to ten year, because no one has a crystal ball on what will happen. And this could happen anywhere.
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