Location, location, location

Home Values Performed 42 Percent Better When Located Near Public Transportation

Location, location, location near public transportation may be the new real-estate mantra according to a new study released recently by the American Public Transportation Association (APTA) and the National Association of Realtors® (NAR). Data in the study reveals that during the last recession, residential property values performed 42 percent better on average if they were located near public transportation with high-frequency service. “When homes are located near public transportation, it is the equivalent of creating housing as desirable as beachfront property,” says APTA President and CEO Michael Melaniphy. Please contact me at yahoo.com for any of your real estate needs. Or 805-249-0022.