5 best real estate statistics to track

By
Real Estate Broker/Owner 01293735 CA

Wondering how to become your market's top information expert?

Keep tabs on the following data:

1. Household composition and age trends. Family size plays a big role in types of homes that are in demand.

2. Changes in zoning or additions to local infrastructure.

3. Affordability indices. Look at area incomes in relation to median home prices.

4. Employment trends by industry sector.

5. Remodeling spending. This indicates if people are moving up or staying in place.

Be sure to check with state and local economic development agencies for more localized data.

Posted by

 LORI BOWERS

http://www.loribowers.com

The Lori Bowers Group

A boutique Real Estate Office, with a full service team to serve all your Real Estate Needs

La Quinta, Palm Desert, Indio, Rancho Mirage, Coachella , Indian Wells and the surrounding Palm Springs Area.

78120 Calle Estado Suite 103

Old Town La Quinta

La Quinta, CA 92253

Phone: (760)8311595• Fax: (760)771-5327

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Rainmaker
477,562
Cindy Westfall
Premiere Property Group,LLC Portland Metro & Suburbs Oregon - Tualatin, OR
ABR,GRI Your Tualatin & Portland Metro Real Estate

Hi Lori, these are most excellent suggestions. I need to do more of this so will bookmark this one and go down the list and see what more I can find out when really looking. Thanks!

Nov 18, 2010 11:27 AM #1
Rainer
25,303
Esther Harnsberger
Keller Williams Realty Success, Littleton, CO - Denver, CO
Your Denver Home Source 303.902.1435

Wonderful!  I'd love to see examples of way you present it to your sphere.   

Nov 18, 2010 11:27 AM #2
Rainmaker
1,133,899
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

This is the info being sought, and if we don't provide it, we "falter" in the eyes of the consumers.    Good post!

Nov 18, 2010 11:37 AM #3
Rainer
77,754
Andy Kress
Rental Solutions Oahu - Honolulu, HI

The Hawaii Association of Realtors provides to us to forward to our clients on a regular basis.

Nov 18, 2010 03:54 PM #4
Rainmaker
287,403
Tina Droessler, Your Dedicated Palm Desert, CA Realtor Since 2005
Ronald Christopher & Associates at Vanmar Realty. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Pal... - Palm Desert, CA
Call (760)799-8460. www.justlistedinpalmdesert.com

These are some great tips, thanks for sharing. Is there a good website or place to go to help find this information that you know of?

Nov 18, 2010 08:04 PM #5
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