I'm not one to "catch the fever", but it is hard to ignore to rapid expansion of new construction. 

It came about as a protective measure back in the early 1980s in a time of rapidly rising interest rates on savings accounts, which formed the pool of money for  home loans at that time.  

Michigan has the same problem on their side of Lake Michigan in Grand Rapids, so folks in that area, I'd love to hear from you. 

Developments near the Denver International Airport are moving forward at a rapid pace.

The Texas market is quite hot with property values climbing rapidly, but cash flow is lower.

Michigan investor (in Ypsilanti and Grand Rapids but recently moved to Detroit suburbs) and in Detroit proper and some of the closer suburbs there are good and bad areas, very much pocket by pocket.

D.C. is an area to buy and resell because of rapid appreciation.

I've been actively looking for a multi-family investment property in Grand Rapids, Mi (GR) for the past 2-3 months and have continually run into either bidding wars, deals that get snapped up the very next day, or places that need far too much work than they're worth.

For instance, you can rapidly evaluate a deal if it is above 1% or below.

Purchase price: $172,500 Cash invested: $4,987 Contributors: Matthew Tanis 2 Unit in Grand Rapids.