“Blockbusting. Even the name sounds as nefarious as the action. The term is used when real estate agents try to pressure someone to sell their property — usually under market value — by intimating (or outright claiming) that changes in neighborhood demographics will destroy their property values.
Some residents in Rockland County say it’s happening. Some have commented on social media about aggressive Realtors repeatedly coming to their homes. In response to residents’ concerns, some municipalities have created “no knock” laws that restrict solicitors from visiting homes. [Read more…]