July 2008 Local Real Estate Market Statistics Report
uly is almost gone and here are the local real estate market statistics and indicators for real estate 
markets around the United States.
Nothing has changed too big from June to July … but you will see an overall trend that all in all housing prices are staying relatively constant and falling slightly in most cities. Of course, just like with anything… there are some markets that are doing pretty decent… and some markets that are becoming more and more affordable for investors and home buyers.
The real estate markets in cities like Miami, San Diego, Phoenix, and Las Vegas… which were once appreciating at stupid high rates… are now some of the areas in the country that some of the best deals can be found.
All in all… check out the markets you are investing in and/or are looking to invest in and see how the overall market is doing. The "Housing Cost/Income" column is a great column for quickly finding out whether real estate is still "affordable" in that market. A low ratio shows that real estate is still affordable and/or the median income in that area is high. As you know, an area with a high median income and low median housing prices may be a good one to look out for as an up and coming market.
The full real estate local market statistics report is on our main site. Click the link below to see the full report:
>> July 2008 Local Real Estate Market Report <<
Hey, my name is Trevor and I'm the founder of The REI Brain and a real estate investor since the age of 21. Right now, my focus in real estate investing is multi-family income properties and I have plans on moving more into the commercial real estate investment world in 2008 and beyond. 
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