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why YOU should check the hot sheet (what it is and how it helps) | Orange County Real Estate
As a potential buyer or seller of real estate, why should you follow the "hot sheet"? What information does it provide and how can that information be useful when deciding whether when to buy or sell a home?
The term, “hot sheet” can have a few different meanings depending on what industry it’s coming from. In law enforcement the hot sheet is the list of recently stolen vehicles, in real estate it's the real time data on a particular market.
While seeing the information and interpreting are two very different things (that's what a real estate professional is for), following the market in an area you are looking to buy or sell can give you an idea of pricing trends, buyer demand and the overall health of that market. It's a good place to start when working toward your real estate goals.
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