Updated almost 9 years ago on .
Real Estate Market Cycle
Hey BP,
I was wondering how most investors track the real estate market cycle in a local market. I did an internship with a commercial real estate company this past summer and from what I understood they use an online analytics tool. They use STDB which is an analytics tool provided to CCIM designated individuals. How exactly do you track market cycles with this? In order to have access to this analytics tool you have to pay around $1,300 for a membership. The tool seems pretty neat because it uses ArcGis for demographic analysis.
Is there a way to implement this type of analytics? If so, how exactly is it done.. Or is it even worth the time understanding a local markets. Currently, in my market which it seems to be highly over priced and still a sellers market.
Also, I took a real estate investment class this past semester at my university. The professor held a MAI designation and appraised commercial real estate investments for several years. He mentioned a study by Wheaton and Dipasquale about the market for real estate space and the market for real estate assets. It showed the impacts of demand growth which cause a change in assets value and construction. Below is an example: