Investment Real Estate Market Research Resources

3 years ago
2

Before you invest in a property it's important to learn about the market the property is in.
There are several data points you'd want to look into before pulling the trigger on a property. The information you need to find out is whether population is growing or decreasing, jobs are being added or eliminated, median income, median house price, crime statistics, property distance from major highways and bus stops.
Here are resources to utilize to conduct a market research:
1. Bureau of economic analysis: https://www.bea.gov/
2. Bureau of labor and statistics: https://www.bls.gov/
3. https://indeed.com for jobs
4. United States Census Bureau: https://data.census.gov/cedsci/
5. http://www.city-data.com/
6. https://bestplaces.net
7. https://spotcrime.com
8. https://www.crimemapping.com/

Research transportation, rental laws, neighborhood walkability: https://walkscore.com.
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