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Industry News and Economic Trends

Part of planning any successful investment strategy is taking time to understand the “big picture.” Paying attention to industry news and larger economic and demographic trends can yield useful information for evaluating the long-term viability of various investments.

When you are aware of what is going on in the industry, you will be able to assess how your chosen market is acting relative to other markets and regions across the country, identify markets outside your local area that may present opportunities, and stay on top of any economic trends that may have material impact on your investments. For example, say you are interested in a property because the price is very low and it looks like a good investment at face value. Evaluating trends in the number of vacant properties and average time to fill a vacant rental before you make your purchase can be critical to your investment’s success. Property purchased at a bargain rate does not ensure success if you cannot find a renter. Stated simply, being in the know will help you stay a step ahead in the investment market.

This section of our blog focuses on keeping you up to date with current industry news, recent economic trends and reports on the state of the economy in relation to its potential impact on your investments.