Homes are also 15% more expensive than Austin's housing boom peak of $192,600, set in November, 2007."

I used to have a prop just outside of town that did well before the recent boom, though i can't imagine it producing much now.... but maybe I am wrong(??????) 

However, is it a realistic expectation to find a great deal in a thriving economic area, where rentals are booming?

When I could be buying something else that makes more money.Sam,Keep in mind this isn't a booming place like Utah.

We're seeing a fair amount of commercial construction and an enormous apartment construction boom and every single sub is booked months out.

All cash, 60 day study, boom.

Please point me in the right direction to help the investors I work with.Washington state is in a housing boom.  

On many properties purchased during the real estate boom between 2004-2007, the deficiency will be far greater than the value of the house. 

Hi Adrià,The Irish market is booming at the moment, however this also means that there's not a lot of room when negotiating property prices and finding cheaper deals.

@David Faulkner - completely agree, that's why I flew out there multiple times and have driven the streets, gotten to know the neighborhoods and which suburbs and suburb neighborhoods are booming and up and coming, which have good and bad crime situations, where are the good schools located, got acquainted with other investors, wholesalers out there.