Why Location Is So Important In Real Estate
The phrase “location, location, location” is so commonly mentioned and discussed with regards to real estate that it’s pretty much expected.
But there’s a reason for it being so ubiquitous amongst real estate agents. The simple fact of the matter is, it’s the most important factor that has to be accounted for when it comes to real estate, whether purchasing or investing.
Not about the property itself…
The condition of a house or a property can be changed. It can be renovated, redecorated, improved, whatever. That’s a factor that the owner can change whenever they feel the need to do so.
Where the property is, however, can’t be changed. That’s im6portant because supply and demand affect the value of properties, as with basic economics. The supply of properties in gre...