What Does The Phrase “Up And Coming” Neighborhood Mean?

by Jorge A. Gonzalez, PA 12/31/2018

If you’re looking for the perfect location to live but can’t quite afford the neighborhood that you’re vying for, a good option is to look for what’s deemed a "up and coming" neighborhood. These areas are where buyers can find the perfect house in a place where property values are only going to increase in the coming years. Buyers may feel that this is a gamble. How can you really tell if a neighborhood is one of these areas? There are a few vital signs that you can find below which show a city or town is on the up and up.


New Concept Businesses Are Moving In


If you hear a new grocery store is going in an area, co-working spaces, or vegan restaurants are coming to town; it’s a good sign that the neighborhood is going to be a happening place very soon. Think organic, Millennial minded ideas that are trendy. The key is to find the things and places that people want most. If you can move into one of these areas before it becomes popular, you have struck property gold. 


Public Transportation Is Nearby


In any urban area, being near public transportation is a huge plus. Being near any major transit is great for property values. Even homes near major routes are attractive. People will always want easier access to work and the things they need.


Think About How An Area Is Perceived


Cities across the country have flipped from having negative connotations to being an area of luxury. It happens slowly, but it starts with how desirable people believe the area to be. What’s considered “hip” can really affect the way an area is perceived.


Are The Homes In The Neighborhood The Same?


There’s often much potential in neighborhoods where all of the homes have the same design. If you see homes in a place where properties could use some TLC, it may be an opportunity for you. Other buyers or house flippers may have the same idea. It will be like a domino effect, and the neighborhood will turn around quickly.  


How Long Have Homes Been On The Market?


If houses in an area have been on the market for an extended period, it could be an opportunity for you to get a bargain. Buyers may shy away from a home just because the area is less than ideal. Your real estate agent can help you to determine places where homes have been on the market for awhile.           

About the Author
Author

Jorge A. Gonzalez, PA

Jorge Gonzalez and his “Team Dad of Eight" will help you sell your home in a way that accomplishes your personal and financial goals by making the best use of technology to create massive market exposure and secure the highest price and best terms for the sale of your home in the shortest possible time. If you are looking to buy, then he will use his strong negotiation skills to get you the best deal possible on the property that you purchase.

Experience & Education

Jorge has been selling, managing and investing in both residential and commercial real estate since 1986 and has worked with Buyers and Sellers to navigate them through hundreds of transactions. Jorge's education and proven experience have earned him the distinguished CRS Designation - "Certified Residential Specialist" - which is achieved by only 3% of all Realtors in the country.

Jorge earned his Bachelor of Business Administration with a focus on Finance and International Business from Florida International University in 1990.

International Reach

Jorge is a Keller Williams Global Property Specialist and has earned the internationally recognized Certified International Property Specialist (CIPS) designation from the National Association of Realtors. This designation is evidence of Jorge’s training and experience working with Foreign Nationals in the purchase, sale and investment in properties throughout South Florida and abroad.

Technology

Jorge maximizes the leverage that the internet provides by marketing your home to buyers through over 300 local,  national, and international real estate  listing websites.

Expertise

Jorge specializes in the sale of the finer homes of Greater Miami. Especially in Coral Gables, East Kendall, Sunset, South Miami, Pinecrest, Palmetto Bay, Coconut Grove, Brickell Area, Downtown and Key Biscayne.

Communication

Jorge cares about being very accessible to his customers. He believes that it is important to establish clear expectations for effective communication to deal with issues as they come, and out of mutual respect for business and personal time.

Personal

Yes, Jorge actually is the Dad of EIGHT children and has been married to Eva - Mom of 8 - since 1985. Jorge and Eva are actively involved in their faith community and ministry to women in crisis pregnancies, marriage preparation, and the poor in the Miami area and in the island nations of the Caribbean.

Our Commitment to You

Jorge and his team are committed to earning your confidence to refer them to your family and friends, or you may cancel your listing agreement "at will“.