Final answer:
Most realtors agree that location significantly influences a home's future resale value; this is based on factors like future neighborhood improvements and historical market trends.
Step-by-step explanation:
It is true that most realtors agree that location more than anything influences a home's future resale value. Factors such as proximity to amenities like parks or libraries can drive up expectations and hence property values in anticipation of future developments, an effect explained by the theory of rational expectations.
Real estate history also shows that advertisement strategies and access to credit, as seen before the Great Depression, can fuel buying frenzies, which might unexpectedly reverse due to events like natural disasters or market corrections, affecting the resale value negatively.