Looking at market I don't know

[Michael Caro]

1. Hey guys, I need to know if I am missing anything when I first look at new market. I want to master breaking down new markets so I can invest anywhere. These are the questions I have when I look at a new market so far:
2. How much are average homes selling for?
3. How much are bank REOs selling for?
4. How fast are properties selling?
5. What areas seem to be selling the fastest?
6. 5 national Factors:
7. 1. Interest Rates
   2. Inflation
   3. Flow of Investment Funds
   4. Business cycle
   5. Cataclysmic Events

8. Market Indicators and Trends :

   1. Population Trend
   2. Path of Development
   3. Overbuilding
   4. Social economic Trend
   5. Employment Trend
   
   

   Price ratio from distressed properties and retail sales

    Are there buyers in the Area?

   How much real estate supply does the area have?

9.  Any other REI in the area?

   Feel of Location

    Schools/Crime/ Property Taxes

   
   

   Let know what you think and if I should replace/get rid of/add/ anything.

10. Thank you again,