The fact that the working class hourly wage is not following the appreciation trend is a significant concern. 

It was an eclectic feel to it with lots of trendy antique stores and great restaurants.  

Things happen everywhere.I just saw this where 4 got shot last night in a hip trendy neighborhood of San Franhttp://news.yahoo.com/four-men-shot-dead-car-san-francisco-california-105601562.html

It's a trendy section and the area has plenty of potential, but Asbury Park as a whole still has its problems and could be a gamble. 

We have consistently seen, across the country, that the trend is to urban city centers with cultural amenities rather than big box stores with plenty of parking.  

Like Chris mentioned above, Starbucks' in the area, trendy restaurants, art galleries, "hipsters" are things that I'm seeing in Chicago neighborhoods that are transitioning. 

You don't need a new car, Kanye sneakers, or an expensive watch.

It's not an exact science but it also let's you see what the market trend is for the current economic conditions.

Boston was developing so rapidly that everyone was getting quickly priced out of the once neglected (now extremely trendy) South Boston area, and pushing buyers and renters into the even farther south areas of Dorchester and Quincy.

I will wait and see JUST how good this trend is.