Although many variables are valid the statistics support that the market is not quite heading for a 2008 type collapse or adjustment. 

Watch this statistic if we head into a recession.  

Most investors sell at exactly the wrong time...looking at this statistic or that statistic to try to bolster their already-existing opinions of what's going to happen in the future.

So it is impossible to use blanket statistics and apply it to the whole market. 

Statistics on REALTORS® and Technology (from http://www.realtor.org/field-guides/field-guide-to-quick-real-estate-statistics) says 89% of REALTORS® use social media to some extent and the top places where REALTORS® place their listings are realtor.com®, Zillow and Trulia.Why didn't realtor.com become what zillow has become?

You can find market statistics like job growth, pop growth, rent growth etc easily.

Any statistics?

Assume a project cost in the 10-50mm range in gateway / primary markets 90/10 dealI currently use the following UW Assumptions: cap rate expansion: 5-10 bps per yearrent growth: 2-2.5% annualProduct type:                      mid rise affordable MF spec developmentTerm:                                 3 yrs holdYOC:                                   6-7%Trended ROC/spread:          150 bps > exit capLIRR:                                   16-17% EM:                                      2xLTC:                                    65%LPs pref:                              9%Waterfall:                            80/20 to 13%                                           70/30 to 18%                                           65/35 thereafterLook forward to what others have to sayJust curious if you're able to explain what all of those terms mean and their corresponding statistics that I don't understand.

It is possible that once you have statistical experience in a farm area you could operate this way with the knowledge that every Xth house will be an outlier and cost you significantly more to flip ... it would be a pure numbers (volume) play and seems to me as little risky for someone first starting out.

The last statistic I heard ab Nash was something like 108 people per day were flocking there.