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Updated about 5 years ago on . Most recent reply

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Xavier Garcia
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Different class neighborhoods (A, B, C, D, etc.)

Xavier Garcia
Posted

I keep noticing that people keep classifying neighborhoods as class A, B, C or D. How do I know what class a neighborhood falls into? Is there a website, or information source that list them?

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Chris Mason
  • Lender
  • California
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Chris Mason
  • Lender
  • California
ModeratorReplied
Originally posted by @Xavier Garcia:

@Chris Mason

Does that mean that basically I just judge the neighborhood myself?

 Yup, it's subjective and you're in the driver's seat. You can define those letters as meaning whatever you wish, and assign them as you wish, as a private citizen who does not have any special license. 

I actually happen to agree with these particular federal rules. If all the licensed Realtors got together and "decided" that such-and-such was a "D" neighborhood, that in itself would harm not only that neighborhood and the people in it, but also people buying houses in the area to boot.

Historically, there was a time when people with licenses (read: in a position to influence buyers and sellers) would do exactly that. And not just people, the federal government was in on it too, and as is usually the case my industry shares guilt as well. --> 

https://en.wikipedia.org/wiki/Blockbusting

  • Chris Mason
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