Market Trends

[Zach Schaar]

My question is a general question on market trends. I have heard a couple of indicators or how to tell when the market is up, and when the market is down.

What are some general ways to study the real estate market and determine if it's in favor of buyers, or in favor of sellers, or if renting is the better option?

Any input would be helpful, since I'm fairly new to investments and want to get going in the right direction.

Thanks in advance!

Zach