Generally speaking, most of the buyers shopping in December and January are serious about buying, and if you have a competitive product, you'll get sales.Looking back through my data, it appears the typical DOM for properties we put on the market in November, December and January is 26 days, compared to 17 days as an all-around average.

Definitely follow the data on the purchases you observed until there is a re-sale on those props.

My hunch about a drop comes from the fact that the last 3 downturns resulted in 10-27% drops in housing values (see data).

There's no need to guess, the data is available. 3) Rents - I've been looking on Craigslist and Trulia, etc. for comps on what I can get for rent. 

If anyone has quality economic data on the Southern Oregon area, please share link or info!

Land is hard to comp using the mls because sometimes you do not have enough data for an area.

So, if your data is in row 1, cells A through E you might want F1 to be: =a1 & " " & b1 & " " & c1 & ", " & d1 & " " e1You can use concatenate, but you still may have to include spaces and puncturation to get the desired result.

Software like Argus and/or customized spreadsheets can given you precise data if you feel like your crystal ball is better than the next investors' ball.

Ideally, you'd want to be armed with some data before you call them (perhaps what other apartment buildings in your area are being charged per dumpster, per pickup).

Put stock in actual sale data and not their Z-estimates.