Here are the year-end market statistics for the South Florida Real Estate market (Broward and Palm Beach Counties)As you can see...The number of listings is decreasingList Prices have leveled offAbsorption rate increasingDays on Market (a leading indicator of price point validity in my opinion)This data is for residential properties.

Originally posted by Account Closed:I hardly go by this statistic however...

As fan (nerd) of sports statistics, maybe I should have stopped with this one call and finished my career with a 1.000 batting average...but I digress!

But it's a game of statistics, and if you can tap into a group with a relatively high conversion rate before any of your competitors, then you'll probably do relatively well.

I'd say it takes about 10 -15 years from the first purchase.Here it is in steps:1) leverage and purchase wisely, boldly and often.  2) Achieve target monthly income before mortgages3) Pay off mortgages, one by one. 

Check the tourism statistics: number of tourists, length of the season if seasonal, competition from hotels, hotel occupancy rate, is the place gaining or losing in popularity;2.

You can reach your own conclusions about appreciation in CLE based on facts and statistics like these rather than relying on statements from someone who doesn’t live here.  

https://www.louisvillerealtors...Knowledge is power!

😥You know who cares about technical jargon and statistics lingo?

That's a bold way to start, particularly in todays market.....Why not just find an average little town that you know well, and buy a basic LTR.