Market Research Resources that are used.

[Marc Bartolini]

Hi all,

Can I get some recommendations on some resources to use for market research, and real estate industry trends to help me find up and coming markets?

I want to get better at analyzing a city that is about to get HOT before actually getting HOT so I can get in there before the prices sky rocket.  For example, getting into Austin, TX before it became as popular as it is.  I know this is everyone's goal, but there are people coming up with there opinions on where things are about to get hot, and I'd like to be able to have knowledge on these subjects as well. Something that I can do a daily reading on.  Newspapers, data websites, podcasts, etc...

Any and all recommendations will be much appreciated.

Thanks!

Marc

[Victor Steffen]

1) look at global trends. example: We're currently seeing a global migration towards warmer/ sunnier climates.

2) look for multiple economic engines rather than one or two main industries. example: strong manufacturing, health care, higher education and a tech scene.

3) look for communities that are open to adding higher density living near the city centers. A precursor to major growth in a market is a city pushing to pass legislation that will alter zoning and allow more units in a smaller area, more flexibility for developers, more parking, mass transit etc. etc. 

just a few thoughts.