The next step for a house hunter would be to go further in their analysis. Two factors are never enough to make any decision that too of buying a new house. Therefore, in this part of the analysis, I have included seven new factors which the new home buyers should consider before moving into their dream home. The seven factors are – Foreclosures, Median Income of the neighborhood, Median Sale Price of the houses in that neighborhood, Open Spaces, Population Density, Population Increase and Vacancy Rate. While Foreclosures, Vacancy Rate along with Crime Rate could be the negative aspects of a neighborhood, Walkscore, Open Spaces an Median Income would be the positive ones. However, Population Density and Increase could be dependent upon the buyer, whether he would like to live in a high-density or a low-density neighborhood. Also, factors like Median Sale Price could help in finding the right house within their budget.
For this analysis, I have used a 2010 Census dataset available on WPRDC.org: