Whether you’re a real estate fanatic constantly on the hunt for more industry content or a newbie simply looking to get a better understanding of the housing market, you’ve come to the right place!

Understanding the industry takes more than just keeping an eye on market trends and property values. But with endless amounts of information out there, how can you know what’s worth paying attention to actually be educated?

Here are 5 simple things you can do right now to elevate your real estate expertise:

1. Increase your podcast repertoire to include some new pods
   Some of our favorites are HousingWire Daily and Mike Simonsen’s “Top of Mind”, a weekly look at the nation’s housing market. Mike’s superpower is making data relatable and interesting! We also love BAM’s Hot Sheet – the only daily pod for the real estate industry.

2. Expand your Instagram and X follows beyond designers and dream house accounts
   Some of our favorites are industry analysts Ivy Zelman and Logan Mohtashami who makes complex subjects easy to understand. And Mike DelPrete keeps a watchful eye on the brokerage business with fascinating insights and deep dives. My friend Sharran Shrivatsaa’s Business School is always insightful, with actionable insights.

3. Be more mindful of the 10-year bond market rate
   This data point directly influences mortgage rates! Similarly, keep a close eye on mortgage application stats as an indication of buyers prepping their finances ahead of jumping back into the purchase market (a good leading indicator of future trends).

4. Track national housing stats
   …as well as those in places of interest to you. Remember that some matters are hyper-local, while others are national and affect all markets, like credit availability. Keep metrics like percentages of listed houses that took price reductions as a forward-looking metric.

5. Keep an eye on homebuilder and consumer confidence levels
   These make for great alternative barometers of overall market health and possible future market trends.
   

By incorporating these 5 tactics, you'll be equipped with a deeper understanding of market dynamics, trends, and indicators. From consuming digital content that transforms data into compelling narratives to learning how to analyze the right metrics, each facet adds a layer of insight to your real estate journey. So take charge of your learning, stay curious, and watch as your expertise grows!

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