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rela estate market

A Zip Code is Not Enough for Luxury

Filed under: Estates

When it comes to real estate, many people will tell you that it all boils down to: location, location, location. This may or may not be true, but more people than you can shake a stick at (or shake a mortgage at) believe in it wholeheartedly. A nice house can do a lot for a property, but it seems that people are paying a premium for the property alone now. And I'm not referring to a vacant lot, priced expensively but accordingly. I'm talking about lots with run-down, unimproved houses so small you might actually be at risk of inhaling them when you hear the price - assuming they don't collapse first.

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