Kathleen Yonce has spent more than twenty years in the Florida real
estate market. She has earned recognition for her hard work on more than
one occasion and is established as an experienced real estate
executive. Successful businesspersons like Kathleen Yonce don’t always
start out savvy, but they get there through experience and research. One
of the many skills that most real estate professionals take for
granted, for example, is finding high-demand investments. The following
are just some of the many tips to help educate yourself on locating
in-demand properties:
- Local Pricing Matters – One of the first things a real estate professional should examine is local pricing. Potential investors notice if one area has faster price acceleration than others and if one area has higher average prices. These signs are indicative of demand and, over time, you’ll also start to develop a sense for fair and overpriced properties.
- Property Taxes Matter – Examining property taxes can help you identify which areas are in demand. For example, if one town has high property taxes and the other town has lower taxes, the lower-taxed town will likely be in higher demand. Real estate agents help their clients find the best tax structure for their investments.
- Schools Matter – When you’re considering a residential property, remember than many tenants assess where they wish to live based on the schools in the area. Towns with better-rated schools are typically in higher demand.
