Rents are too low there to finance new apartment construction.""...Hillsboro has the hottest apartment market..."

Check this out: LA's Hottest Office Hub is Public Transportation Dead Zone

I haven't found anything that is more thorough, but it's also the hottest game in town.

In the hottest areas of Austin, I've seen them go as high as 25%.I ran into a situation like you're describing a few months ago.  

The hottest areas are <30 days.If you are serious about apartments or even small multi-families and want to be in the Texas market, I recommend College Station, Denton & Commerce. 

And 36 Other Key Financial Measures http://amzn.to/Zv0Zph Frank also has another book called '10 Commandments for Real Estate Investors' that I reread every other month or so as a reminder: http://amzn.to/15ikXL0Ken McElroy has two great books on apartment investments and one on property management: The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss http://amzn.to/HdXVf1The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals http://amzn.to/1bcWx50The ABC's of Property Management: What You Need to Know to Maximize Your Money Now http://amzn.to/1d518JK Also see Ken's BP interview on Podcast 052: Buying Apartment Complexes, etc. here: http://www.biggerpockets.com/renewsblog/2014/01/09/bp-podcast-052-raising-millions-ken-mcelroy-rich-dad/There's many more, let me know if you'd like to see more.

One of the hottest markets in Pittsburgh consists of homes from the 1900s being renovated and flipped.

We are looking for the current hottest flip markets around the country.

If you want the hottest modules on the market, splurge a little for LG.  

I remember it it well, our first summer there was the hottest summer on record.