Analyizing a market

[Josh Edwards]

Hi fellow BP members! I'm an investor trying to get into the upstate New York real estate market. I'm trying to find ways to determine what real estate market is best to invest in right now. Currently all I have done is looked at the changes in demographics between the 2000 and 2010 census in fields such as renter-occupied housing units and population in every zip code in Rochester in order to get a rudimentary view of each market.

I also listened to Podcast 60 and Serge recommended looking at the income/purchase prices. I'll try that too.  

Do you guys have any better ways at determining if a market is good to invest in?