| Start your real estate market research
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| | a long time, or do they go fast? Where
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| with the U.S. Census information about a
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| | are the good and bad areas? What are the
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| town. You want to invest in a town that
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| | good and bad things about the town?Prior
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| is growing, especially if you are
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| | to moving to Tucson, Arizona, part of our
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| investing in income properties. It's
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| | real estate market research was to call
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| getting easier to do this now, with all
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| | people in potential towns to see if they
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| the information available online. Just go
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| | owned a snow shovel. If they did, we
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| to the official U.S. Census site at you
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| | crossed the town off the list. Two
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| call the chamber of commerce, or the
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| | different places can both get 25 inches
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| local department of economic development,
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| | of snow per year, but in one it stays all
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| they may have a packet of statisics they
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| | winter, and in another it melts before
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| can send you too, showing population
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| | noon. Our snow shovel question told us
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| figures, employment mix, and more. These
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| | the truth behind the statistics.That was
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| are a couple of the statistical tools and
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| | just a personal thing with us, of course,
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| information that can help, but one of the
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| | but talking to people can tell you much
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| easiest and most useful research tools,
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| | that is more directly related to
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| is talking.Real Estate Market Research -
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| | investing. In fact, a good local bar can
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| Choosing a CityTalking is a great way to
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| | be a great place to do your research once
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| research a town. I once called the
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| | you are in a town. Patrons will tell you
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| Chamber of Commerce of Deming, New
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| | what big employers are about to move in
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| Mexico. In the course of our
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| | or out of the town, how fast homes are
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| conversation, the chairman casually
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| | selling, whether there are gangs, and
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| commented that the city was using up the
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| | much more.Ask which areas are improving,
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| water faster than the aquifer was being
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| | and which are getting worse. Listen for
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| replenished. I also learned that they had
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| | stories about noisy or animal-infested
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| no back-up plan. That was enough to cross
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| | areas. This kind of information is
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| Deming off our list.When you want to know
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| | important, but hard to get from the raw
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| more about a town, use the phone. Use any
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| | data. Of course, people do sometimes
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| excuse to call anyone from a real estate
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| | exaggerate, so try to verify what you
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| agent to a random resident. Ask questions
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| | hear. Still, talking to people of can be
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| about crime, whether the local government
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| | a great way to do real estate market
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| welcomes new businesses, what the climate
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| | research.Steve Gillman has invested in
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| is like. Are houses sitting for sale for
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| | real estate for years.
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