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Updated over 7 years ago,
What is the best way to find the emerging markets????
Looking with a realtor and friend at single families in Cape Coral. Also looked at student housing in my town but the university overbuilt and I think it's getting soft now so I am passing for now. Then a discussion with a friend over dinner last night told me he's buying multi family in the Boston and that market is good for him. So the question is, how do you avoid buying at the top of the bubble? Are there benchmarks or websites that give price and sales/occupancy trends? For example one RE agent in the SW Florida market told me the prices are just starting to go up and I should buy now, while another told me the prices are nearing a top and that is driving more people to rent seasonally rather than to buy and there are some opportunities in single family homes. Who to believe? I guess I'm looking for unbiased opinions, which I suppose is an oxymoron of sorts. Thank you.