Real estate trend

From Real Estate

[edit] Real Estate Trend

A real estate trend is a term used to describe a consistent pattern that over time causes change. A trend must have substance and be based on fact. It is therefore usually about a concept, a belief, a philosophy or an event and not merely a new product or service.

Monitoring changes and tracking real estate trends is a not an exact science and can be very hard to predict. Real estate trends are divided into two categories namely Economic or Housing Trends and Business Trends.

Economic and Housing Trends

David Lereah is the chief economist of the National Association of Realtors (NAR) and is the leading economic and housing trends expert. His book Are You Missing the Real Estate Boom?: Why Home Values and Other Real Estate Investments Will Climb Through The End of The Decade—And How to Profit From Them was published in February 2005.

Industry and Business Trends

Stefan Swanepoel is the CEO of RealtyU and is a leading real estate business trends expert. He has published numerous books in including Real Estate confronts Reality and Real Estate confronts the Future, but it is his annual Swanepoel Trends Report that analyzes real estate trends and list the top 10 trends impacting the industry every year.