Understanding The three Types Of Real Estate Markets: Primary, Secondary And Tertiary
Understanding The three Types Of Real Estate Markets: Primary, Secondary And Tertiary if your goal as a real estate investors is to maximize your success you pursue this goal then the first thing you should have is to keep an open mind about the markets you’re pursuing and to expand your horizons when it comes to making real estate deals. Some Investors try to stick to a market, but here are some tips and tricks for expanding your portfolio into other areas. What Is A Primary Market In Real Estate? In real estate, primary markets are the largest housing markets. Primary markets, also known as gateway markets, include large, dense population centers with long-established commerce and industry. What Is A Secondary Market In Real Estate? Secondary market real estate refers to cities that are slightly smaller than primary markets, with populations between one and five million. Secondary markets have slightly less economic activity, but are typically growing in terms of commerce, industry