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Updated almost 12 years ago,
Should I broaden my search?
I've been scanning the MLS for awhile already, and it seems there's not much houses in areas of town I'd like to invest. I have well defined areas that I personally like in my city and for awhile now, haven't really looked out of the areas. The reason I like the areas is because of how much houses sell in the areas on a monthly basis.
I'm starting to think I should move out of my areas (of comfort) cause I can't really find much... The areas I'm looking into, which have houses for sale, are in okay neighborhoods. Kind of ghetto, neighboring houses messy-ish, all houses are unique (they aren't all stucco houses built by a central planner... so there aren't rows of houses that look the same...), they are older houses...
Should this not stop me from looking? As long as the DOM's are low and the prices are good, should I go for it?
Personally I wouldn't want to live in the neighborhoods, but should I not care about my personal preferences? As long as the data says yes (DOM's, price, etc...).
Thanks,
-Manuel