How to analyse different real estate markets?

[Bellman Tumasang]

How do I analyse different real estate markets? Yes I know I need to look at job growth, migration etc everyone says the same thing but how exactly do I find this out?

For example let’s say investors want to research job growth in the Texas market I highly doubt that they just search up Texas job growth on google and call it a day. Do you ask brokers? But then again brokers may be biased towards the markets they get listings from? Is there a national database? Do you just visit areas and see if new shopping centres are being built or business moving into the area?

IF IT HELPS THEN I’M LOOKING TO EVENTUALLY INVEST IN APARTMENT BUILDINGS. I AM 17 TURNING 18 NEXT YEAR ACTIVELY LOOKING FOR JOB WHEN I GO TO UNIVERSITY IN SEPTEMBER. 

[Joe Villeneuve]

I don't look at , "  job growth, migration etc.."  since they don't mean the same thing to every market, because every market is different based on who lives in that market.  The only ones that can tell you what/if any of those things matter, are the people that live (rent, buy) there.  How do they tell you?  They tell you based on what they are willing to pay in property cost and/or rent.

Now.  None of the above will tell you if a market is a good/great place to rent or invest.  You don't buy based on property value, high or low.  You don't nuy on rents, high or low.  You buy based on that market's ability to deliver the largest spread between cost to get in, and cost to get out.  The in/out refers to your money.  It's called profit.

In the case of cash flow, it's based on that market's ability to deliver the largest spread between cost to hold, and cost to get out. The in/out refers to your money. It's called cash flow.