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How Learn About Real Estate Markets from home?

If you cannot leave your house or office for some reason and still want to invest in real estate, you should look towards crowd-funding. Yes! Now anyone can buy their share in real estate through these funding campaigns. These platforms have revolutionized the real estate market by allowing everyone, no matter how rich, to be part of an actual property transaction. No matter where you are you can participate in a crowd-funding with the click of a button. But wait! It is not that simple. You still have to look into the market trends or that area and other important details in order to go ahead with the deal. What if the property you are interested in is in another state? What will you do? Will you drive your way through to that state? Or be savvy and do all the required research online? We have a solution for you. You don’t have to look further for suggestions. There are several resources available online; which will help you evaluate value of any given real estate you are looking for:

  1. Online Maps

Internet has made everything look like a walk in the park. Google has played its part by introducing Google Maps. These maps can be accessed through our smartphones or PC browser. If you are looking for a real estate while sitting at home, these maps can be really helpful. With the help of these maps you can search your desired real estate, see its accessibility, and look out for nearby restaurants and public transportation options. Similarly, by using Google Earth you can even see what the building actually looks like.

  1.  Online real estate listing sites

There are so many online real estate sites available which are continuously updating their records. These sites include Redfin, Trulia and Zillow. These sites also give you the liberty of looking at the market activity in your desired area. Using these sites you will know how many of the buildings nearby have been sold and what is the customer traffic in that area.

  1. Market reports and surveys

If you want to look at real estate trends on a bigger level i.e. country, state or city. you need to go through the market reports and surveys available online. These reports are made in depth and every city’s main commercial real estate brokerage firm, offer free reports. Additionally, the Urban Land Institute, which is the industry leader in research on economy, infrastructure and transit, offers in-depth analysis of market trends and surveys.

  1. Real Estate News

You can stay updated 24/7 through real estate news sites. The GlobeSt, city-specific Business Journals, and Bisnow are three of the country’s leading real estate news sites. These can be used to gain information on market trends in a city. They can also provide comparisons relating to market leader cities.

  1. Making phone calls

Having friends or family in the area you are going to buy a property can be great, as you can always call them to know of the market situation. Similarly, if you are able to identify a handful of new projects in the immediate vicinity of the property you are evaluating. Call as a prospective tenant to find out rents. If you have friends or family in the community, call them to ask about the neighborhood and pricing.
When it comes to real estate you need to be careful before making an advance. Make sure you have completely looked into each possible detail. Before making a real estate investment, it is imperative to ensure that you are working with a credible platform that thoroughly vets, underwrites, and stress tests each deal before it becomes available to you for investment

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