real estate cycle per location

[Dillyn Davidson Saurdiff]

I know this is a loaded question, but does anyone have any estimates or good resources to look up what part of the real estate cycle my area is in. We all know we are at the high end of the cycle as a country. However, I am learning more and more about the cycles in specific areas of the country. The BP podcast talks about sources for researching this, but I cant remember what they are. Does anyone have good suggests to research where my area may be in the real estate cycles.
Or does anyone have any thought on my areas them self....
I am in  Clatsop County specifically Seaside, OR looking at properties in Warrenton, Seaside, or Astoria. I am also interested in the Hillsborough, Beaverton, Portland area. 
Other than cycles....
I would love to hear any reasons people may be expecting an increase or drop in value in any of these areas.
I'm sure other forums discuss this, but I'm starting another one :)

[Angelo Medaglia]

Hey Dillyn,

I'm also an Oregon transplant, newbie investor. As a newbie, you can take my advice with a grain of salt.

The real estate cycle, just like any other economic cycle, is impossible to predict. There will be peaks and there will be valleys, that's for sure. IF anyone could accurately predict what phase of these cycles we were in, they probably wouldn't tell US about it. There's a good bp blog post I read on this subject yesterday that goes into a lot more depth on the subject. You can check it out here: https://www.biggerpockets.com/renewsblog/2016/07/0...

As for my opinion of the Oregon market, I'm looking at places down in Eugene/Springfield and it does seem like the market is starting to slow *slightly* down here. It's still very hot and inventory doesn't sit for long if it's priced correctly, though. My guess as to why we're seeing a slight contraction is rising interest rates coupled with slow wage growth. Once we start to see some wage growth there will be a lot more room for expansion, but that has been a long time coming.

Remember that analysis paralysis is a real thing. If you find a deal and the numbers work, don't try to time the market, just go for it. Some of the best investors out there got started at the peak in 2007 and, after taking a beating for a few years, are killing it today. The reason they made it is because they stuck with it and didn't quit.

Good luck out there!