The Real Estate market

[Supreme92]

I know this question has probably been asked before but I cant find it in the serach engine. Is there a way I could get a local report on my market?

[Real Estate Seller]

Contact a local Realtor.

[Supreme92]

Is there any other alternatives? I hate going to realtors for information, but if I have to then I will. The only problem is that I heard that realtors market anaylsis isnt really accurate.

[Tony5402]

you could try to talk to a property manager in the area (management companies).

[Real Estate Seller]

Who told you that a Realtor market anaylsis isnt really accurate?

[Supreme92]

you could try to talk to a property manager in the area (management companies).

I'll try that. Did it work for you?  But how did you get the information in  your local market?

[Real Estate Seller]

All Realtor s  know the market very well in the area they work.

[Supreme92]

Who told you that a Realtor market anaylsis isnt really accurate?

A guy name Ken Wade. Part of his job is to study real estate markets, so I think he knows what hes talking about, or it seems like he do. I think one of his videos is on this very site. If you look at it you may be able to know where hes coming from. Are you a realtor?

[Real Estate Seller]

I am a real estate investor.

[Supreme92]

O ok. So do you rely on the NAR to give you the market anaylsis, if so is it working out for you? I'm just asking. Before I invest I want to learn about the market in my area and I don't want to learn by looking at a graph that's flawed. I just read a newsletter on cnbc that says realtors been overpricing home sales in the past 5 years!

Do you know any sites, places or people I could go to, to get that information?

[Real Estate Seller]

Go in to any RE/Max office and they will help you.

[Supreme92]

Go in to any RE/Max office and they will help you.

Isn't that a real estate company for realtors? Do you any other places or sites?

[justin0419]

Realtors can at least show you what particular houses have sold for recently.  For instance, this 3/2 with 1500 sq ft sold for 50k after being on the market for 48 days.
It's up to you to know if things are a good deal or not.  If you're looking for someone else to hold your hand and tell you that, you're not ready to do it on your own.

[Supreme92]

Realtors can at least show you what particular houses have sold for recently.  For instance, this 3/2 with 1500 sq ft sold for 50k after being on the market for 48 days.
It's up to you to know if things are a good deal or not.  If you're looking for someone else to hold your hand and tell you that, you're not ready to do it on your own.

They could find out what homes are being sold for but I'm going to need a lil bit more I formation then that if I want to get a good grasp on my local market. I know a good deal when I see one but as of right now I'm not looking for potential deals. I want to first see if my market fits with what I'm trying to get accomplish. I'm getting Into commercial properties and I don't want to invest just to find out that the demand is very low. Do you understand what I'm saying?

[Supreme92]

How long have you been in the game justin