When we speak of the real estate economy, we use national statistics but speak locally. On the other hand the stock market is based on the national or even the world economy. The real estate markets are based on local or even micro-local economy. What is happening in LA may not directly affect what is happening in Toledo.
What affects all real estate markets together are the interest rates. There is no single barometer to measure the entire housing industry in US.
So, while statistics calculations and economic factors are relevant, equally important is using ones common sense. We must keep our eyes wide open and take a look around and see what is happening. Talking to real estate agents, investors and lenders in a particular area can be a big help to access a market.
These are certain issues one must consider while dealing in real estate.
One major issue facing corporate real estate managers is how to effectively manage the real estate assets in the current market environment.
Secondly, real estate agents provide information about utilities, zoning, schools etc. But two common issues a buyer faces while buying are-
i. Will the property...