12 questions to ask before you buy

I came across a great article that goes into great insight to guide buyers in their search for a home. The article lists the following questions which I believe can be of great help and would a positive impact on your property investment:

12 questions to ask before you buy
» Is the area’s average income increasing faster than the provincial average?
» Is the area’s population growing faster than the provincial average?
» Is the area creating jobs faster than the provincial average?
» Does the area have more than one major employer?
» Will the area benefit from an economic or real estate ripple effect?
» Has the political leadership created an economic growth atmosphere?
» Is the Economic Development Office progressive and helpful?
» Is the area’s infrastructure being built to handle the expected growth?
» Are there any major transportation improvements in the works?
» Is the area attractive to Baby Boomers’ lifestyle?
» Is there a short-term problem occurring that is likely to disappear in the future?
» Is there a noted increase in labour and materials cost in the area?

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Source: Cutting Edge Research Inc. by Wayne Karl