Real estate econometrics
How do you stay updated on market trends and economic indicators that could impact RE? What are some of your most closely watched indicators?
How do you stay updated on market trends and economic indicators that could impact RE? What are some of your most closely watched indicators?
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I like following ECO, ECFC, and BECO. Following most economic prints help gauge an idea of the economy and could help forecast rates which impact indicators. Right now I am watching personal debt, lending rates, rental values, home prices, car sales and savings rate. As breaking points could help determine if we have a recession or slowing in spending which in turns could drop rates.
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