The housing market is always changing, and real estate trends come and go. Home prices, interest rates, housing inventory, property laws, and housing affordability don’t remain stagnant for too long. The COVID-19 pandemic has especially caused major disruption in the real estate industry.
When it comes to real estate investing, knowledge is power. Being up-to-date on the latest trends and developments in the housing market will help you make more informed investment decisions.
Here are some of the ways you can stay ahead of real estate investing trends:
Real estate investing blogs
There are numerous blogs that publish cutting-edge information on a wide range of real estate topics. This includes regalwayhomes.com, Canadian Real Estate Magazine, PwC Canada, and Canadian Real Estate Network. To stay ahead, focus on articles about investment strategies, mortgage, renovation, political climate, environmental change, and evolving technology trends.
Watch YouTube videos
As the number one video platform, YouTube has a lot to offer regarding real estate information. Look for YouTube channels that provide quality content and upload videos on a regular basis. Real estate channels to keep an eye on include BiggerPockets, John Fedro, Darren Voros, Epic Real Estate Investing, RETipster, and Ken McElroy.
Join a real estate investing club
A real estate investing club is a great place to learn about housing market trends and network with other real estate professionals. You will get the opportunity to interact with industry professionals like realtors, attorneys, contractors, brokers, accountants, and seasoned investors. In addition, you will have access to meetings, classes, or seminars on different topics related to real estate investment. Whether you are in Quebec, Ontario, British Columbia, Alberta, or Manitoba, you will find a real estate investing club near you.
Podcasts
If you spend a lot of time commuting, listening to podcasts would be a great way to learn about real estate investing best practices and trends. Hosts of real estate podcasts interview a wide range of professionals, including financial experts, politicians, realtors, building developers,
and economists. Here are some of the Canadian real estate podcasts worth following:
Toronto Under Construction – Ben Myers
Sync or Swim – Mitch Fanning
The Truth About Real Estate Investing…for Canadians – Erwin Szeto
Commercial Real Estate Podcast – Adam Powadiuk and Aaron Cameron
Vancouver Real Estate Podcast – Adam and Matt Scalena
Conclusion
The future of real estate will be characterized by a shift in tenant preferences, advances in technology and changing homeowner preferences, among other trends. Successful real estate investors will be those that learn how to adapt to such changes. Need advice on real estate investing? We’re here to help! Book a free consultation by clicking the link below.