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Updated over 4 years ago,

User Stats

115
Posts
39
Votes
Jake Drappi
  • New to Real Estate
  • Brick, NJ
39
Votes |
115
Posts

finding historical appreciation rates for a community

Jake Drappi
  • New to Real Estate
  • Brick, NJ
Posted

Hello BP community,

I am looking at a property that will be lackluster in cash flow, but it would be a good fit for our family as a house hack for a few years.  I am interested in seeing if the neighborhood has a high or low appreciation rate so that I may have another exit strategy other than renting out both units when we are ready to buy our next home in the event that rents do not go up a significant amount.  I tried looking online to data that shows what the historical appreciation of the town was, but couldn't find it.  Does anyone have insight on how I can find this data?