It's good to have information ahead of your competition.
However, what do you do with this information?
In the blogging world we tend to dispense of this information as soon as possible. After all, the market is created by many entities declaring their position in a simultaneous manner.
News on the stock market has immediate effect.
News in the real estate market? The reaction is much more slow.
I've noticed that what I read in the paper is not just yesterday's news... often it's last month's news or editorializing on something that may not have been worthy of mentioning.
Here are some of my favorite news sources:
- www.inman.com ... yes, you need to subscribe to go beyond today's headlines- but it's worth it.
- Key Indicator from www.hanleywood.com ... it's data heavy with good, short descriptions of market conditions.
- Google Alerts ... put in your key word and let Google fetch it for you at the interval you select.
Have any others? Let me know!
