When it comes to watching the real estate market, one of the most effective tools you can use is the Internet. Here are three places to go online for useful real estate information…
1. The Wall Street Journal’s Market Watch real estate section will help you stay aware of national business and economic trends that influence interest rates and the perceptions of buyers and sellers nationally. Don’t forget local online business news reporting to keep you in touch with your local market, ranging from the San Francisco Chronicle to the Miami Herald.
2. Trulia.com is a real estate site with look-ups of well-organized and well-presented data, at the local and regional level. You can find maps, charts and graphs of average sales price, number of available properties and recently sales in a clean, easy-to-follow format. There is even regional data on schools, commutes and crime.
3. Zillow.com is another real estate site that includes much more than current listings in a number of local markets. The site has a section for mortgage rates, refinance calculators and FHA loan information. There are also advice articles and expert blogs.
Even a quick and frequent survey of real estate market information can help you find opportunities and avoid risks. Bookmark your best sources and make it part of your routine to look them over on a daily and weekly basis.
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