I've noticed this upward trend in pricing everywhere also, even auctions, and REO's. 

If enough of the charts are reaching trends or levels they regularly reach before something takes place, its probably worth paying attention.

The index uses nonfarm payroll employment, the unemployment rate, average hours worked in manufacturing and wages and salaries, state-level housing permits (1 to 4 units), state initial unemployment insurance claims, delivery times from the Institute for Supply Management (ISM) manufacturing survey, and the interest rate spread between the 10-year Treasury bond and the 3-month Treasury bill.Declining trends in the leading index for the US tends to precede a recession.

I think you'll see this trend in any field, its human nature.

If you can get to know an area, and its trends, you can get to know where, for instance, rents are pressing higher, or where new employers are coming in, or new development that benefit a neighborhood (like a Microbrewery).  

I've deduced an A class property is a newer property that meets the current ideal trend for the market and B class is nice property but is not the top of the line or the ideal for the market.

On a side note, if any of you have any sort of contacts that are in RE on the island, I would love to speak to them and get their (or your) 2 cents on the market trend, financing, evaluation, etc.Thanks in advance!

Would love to chat with other investors in Poughkeepsie to share market analysis, trends, landlording tips, etc.  

Hello all! I'm wondering if there are any reliable websites or books that can help me get a better understanding on how to properly "predict" (loosely used) an upswing or downswing of a market. I want to get into sing...

zillow worth anything in my area, definitely behind trends