Putting in a couple of hours each night before bed to market watch and do your property research.

Market watch, Interest Rate updates, etc.

Spend sometime to learn it from those who have been successfully done it in your market. Watch

Both the Urban Institute and Market Watch reported on recent data put out by the Federal Housing Finance Agency that demonstrates the appreciation of manufactured housing in direct relation to traditional site-built housing.

Example: repos are good in Michigan today, but not in the Northwest because for every repo in the NW there are 10 folks in line to purchase it for market value or higher.A good source for national real-estate trends is (Market Watch .com) Go to real estate weekly.

But as Ryan Calbeck (CircleUP) says in this article on Market Watch, its blown out of proportion.

If I were in areas where this was not the case I would say buy, buy, buy because these opportunities are going to be gone faster than people think. 2 million jobs created since last summer(per marketwatch) means that many more people thinking about housing again.

Having been in this business along time, what I tell all newcomers, whether investors, or real estate agents, is get to KNOW your local market. Watch

I know we are accustomed to everything being on-line but some things just aren't or aren't indexed by the search engines or as in this case aren't any longer after the Smart Money site was merge into the Market Watch site.

Marketwatch for the last 7 days.