I been trying to get into the real estate game but I keep running the numbers and looking at the statistical trends and to me everything seems overvalued.

He'll even go to open houses and browse houses that are for sale off the MLS just to see what styles are popular and what other sellers are asking for. 

However, I use them to track the trend lines and in my first pass analysis (though even then I look at multiples and take an average after excluding outliers).

Interesting read that aligns with the multi-generational trend of urbanization:"By 2100, academics estimate, 80% to 90% of the population will live in cities.""

If you don't have a nice nest egg though, it may make sense to go all out Dave Ramsey style and pay the loans off. 

I’ve also researched areas for trending markets (ie up and coming).

From a financial standpoint, capital flows down the path of least resistance, so I've seen the trend heading towards people with capital moving from market to market until those markets they are moving to have been bid up and competition gets fierce.

Scanlan, comments on Austin's continuing decline in SFR sales: "We have seen slight dips in Austin's home sales before, but because this decrease is over the course of six months, it could be indicative of a larger trend.

Any advice or tips on hot lists, market trends, hot zip codes would also be greatly appreciated!

Would be pretty funny to see a clever lawyer take that one on class-action style.