In 2008, it was reported that the average home price dropped 18% from the peak in 2006.

We are near a peak in many areas.

That is the average duration of a housing cycle from peak to peak as outlined by this article.  

Our area will hit a peak in values soon because the rapid appreciation never goes forever.

I currently have several commercial and mixed use properties on the island but the multi-family category has peaked my interest. 

That being said I kinda feel like we are near a peak of the market...but what do I know.

The house was sold for $160K in 08, $140 in 03 and was worth $260k at the peak of the market.

MV you are in good shape, personally I don't like westgate because the general zip code it's in has a lot of lower end rentals and at the peak of the market that's a tough place to be personally.

Don't count on appreciation, make sure it cash flows.Besides the beautiful environment and much better ratios for cash flow than in Eastern MA (if you know how to manage your property correctly), the Berkshires is also somewhat insulated from the big peaks and dips in market cycles.

Now, I have a "nanny" (handyman) looking after all my babies and I just check in to make sure they are performing at peak..