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Rainmaker
4,113,125
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

The usual... sales, prices, inventory, days on market.

Mar 20, 2019 03:57 AM
Rainer
154,316
Ken Jones, Commercial Real Estate
Kenneth J. Jones, Inc. - Toms River, NJ

Peter Mohylsky, SoWal Is HOME. Very interesting question.

Unfortunately, in the residential real estate sector, many of the so-called "indicators" are historical, they really don't provide any help to anticipate future market changes which, after all, are and should be more important to agents.

That said, when I'm analyzing residential markets, I use trending data by contrasting those data with observations of current consumer and agent attitudes.

I then interpolate all of those data into my predictions of immediate future market activity in making my "best guess" prediction.

The data categories I use for my trending analysis are 1) the change in the amount of inventory and 2) the number of Days on Market (DOM).

Mar 20, 2019 06:19 AM
Rainmaker
710,004
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

I watch them all Peter. Even the wrong ones....

Mar 20, 2019 05:58 AM
Rainmaker
1,639,426
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

More important to indicators is speaking with agents around the Country

Mar 20, 2019 06:45 AM
Rainmaker
990,805
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I look at the local numbers for my area to see what the market is doing

Mar 20, 2019 06:19 AM
Rainmaker
849,560
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Sales, new construction start ups, what are the small builders doing ( the ones that usually build 4-6 houses a year).

Mar 20, 2019 05:15 AM
Rainmaker
3,330,425
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It is something i can usually see. The amount of new listings vs how quickly they are selling or not selling.  WHat are they selling for? I like to look at interest rates as increasing rates can lead to a spoke in sales followed by a slow down like we saw last fall. Then when rates came down in January, a big spike in sales which continues.

Mar 20, 2019 05:05 AM
Rainmaker
4,039,221
Richard Weeks
Dallas, TX
REALTOR®, Broker

The excellent statistics provided by our mls software.

Mar 20, 2019 04:45 AM
Rainmaker
4,205,996
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Nina Hollander nailed it. I also listen to those in the business.

Mar 20, 2019 04:22 AM
Ambassador
3,054,625
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I watch what the market is actually doing - how buyers are responding and how many sellers are feeling remorse for missing the "peak" of this last insane seller market. 

Mar 20, 2019 08:59 AM
Ambassador
5,406,072
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

We have experts that monitor this every month and send us the reports, good to know where we are going and when.

Mar 20, 2019 07:28 AM
Rainmaker
2,062,514
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

I wish I knew.

Mar 20, 2019 09:14 PM
Rainmaker
1,596,586
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Don't watch any...

Mar 20, 2019 07:51 PM
Rainmaker
1,153,400
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

DOM, activity at open house. Layoff notices....

Mar 20, 2019 09:06 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Too many to name. However, one that is extremely overrated is days on market.

Mar 20, 2019 08:55 AM
Rainmaker
5,582,595
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

In agreement with Nina Hollander 

Mar 20, 2019 08:48 AM
Rainmaker
1,386,718
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Like Nina Hollander said, the usual suspects.  Price & changes, DOM, inventory levels, sales.  I also look at the agent remarks from time to time to see if bonuses are being offered or if commissions are being raised.  That's a good sign of a slow market.

Mar 20, 2019 08:38 AM
Rainmaker
2,641,192
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

An interesting subjective question thank you. I know the car market slowing for 3 or more months signals Real Estate changes. Days on market for properties for sale another indicator. Interest rates, e-z loans and rents going up and staying there speak as well. With any profession practiced by a passionate professional...one can also "sense" something afoot....& take note

Mar 20, 2019 07:46 AM
Rainmaker
468,799
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

The typical - interest rates, price trends, inventory levels, DOM, average closed price to list price percentage. One not so common item I look at is the difference between the Average & Median Sold Prices and the Average and Median Asking prices -there's almost always a gap - but it's whether that gap is getting bigger or smaller - that I use as another indicator. However, there's not "one" it's looking at all of these things and their interaction that gives one an idea of where things could possibly be headed.

Mar 20, 2019 07:01 AM
Rainmaker
1,918,204
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

MLS information.

Mar 20, 2019 04:40 PM
Rainmaker
1,898,287
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

When I was active I checked the MLS thoroughly every day.

Mar 20, 2019 08:53 AM
Rainmaker
4,936,521
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I watch all the data monthly stats, but also the unemployment, and job growth.

Mar 29, 2019 03:36 PM
Rainmaker
4,010,230
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Weekly inventory going up or down.

 

Mar 23, 2019 11:20 AM
Rainmaker
910,246
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Inman Headlines?

Mar 21, 2019 03:10 PM
Rainmaker
886,628
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

Seattle then Portland tend to be a leading indicator for my area.  We trail them by 6-12 months it seems.  I also track local activity on a month to month basis.

Mar 20, 2019 11:24 PM