Housing Market Bellwether One dumpster on a block is meaningless. Two, and I start to pay attention. However, three or more dumpsters on a block — especially big ones — can only mean one thing: the housing stock in the neighborhood is getting a big upgrade, either from exiting homeowners or — more likely —...Read More
Housing Market Leading Indicators What are the signs that a neighborhood is about to be christened that most coveted of labels, “up-and-coming?” One of my favorite bellwethers is (good) new restaurants (dare I say “trendy?”). Such enterprises are budget-conscious, so need to find parts of town with cheaper rent. But, they need to be close enough to...Read More
