As a local I'm very optimistic on St George's continued growth.

I was very optimistic at first when you said that your door was always open and to reach out if I needed anything.

I'm a wholesaler new to Las Cruces and learning more about the city everyday.The military and college student presence in Las Cruces is strong.There is a ton of small multifamily properties (for the size of the city)I'm very optimistic about this market.

In 2023, there was an 11% difference between what sellers listed their properties for and what they actually sold for.Since it has the highest count of sold small multifamily properties, here are House Hacker's top 10 Queens neighborhoods:Jamaica: 102 dealsFlushing: 71 dealsGlendale: 41 dealsAstoria: 34 dealsEast Elmhurst: 32 dealsBayside: 29 dealsCollege Point & Corona: 27 deals, respectivelyWoodhaven: 25 dealsWoodside: 24 deals* Just missing the top 10: Far Rockaways: 23 deals - Maspeth, Ozone Park & Ridgewood: 22 deals, respectivelyHow optimistic are New York sellers?

This tepid job growth may be contributing to the soft demand for retail space.Market OutlookThe forecast for the Los Angeles retail market is cautiously optimistic:• Asking rents are projected to grow by 1.3% in 2024, accelerating to 1.7% in 2025 and 2.0% annually from 2026-2028.• Vacancy rates are expected to gradually decline, reaching 7.2% by 2028.• New construction is likely to remain limited, with inventory growth forecast at 0.5% in 2024, declining to 0.2-0.4% annually through 2028.However, downside risks remain.

Since it has the highest count of sold small multifamily properties, here are House Hacker's top 10 Queens neighborhoods:Jamaica: 102 dealsFlushing: 71 dealsGlendale: 41 dealsAstoria: 34 dealsEast Elmhurst: 32 dealsBayside: 29 dealsCollege Point & Corona: 27 deals, respectivelyWoodhaven: 25 dealsWoodside: 24 deals* Just missing the top 10: Far Rockaways: 23 deals - Maspeth, Ozone Park & Ridgewood: 22 deals, respectivelyHow optimistic are New York sellers?

There just simply isn’t as much money to be made for the average Host in 2024.This increased competition, lower rates and occupancy, overly optimistic underwriting and lower travel demand post COVID travel boom does warrant a reasonable label such as “Airbnbbust”.TLDRThe environment has fundamentally changed and operators have had to do a lot more than simply list a property to profit heftily.

However, the outlook for 2025 remains optimistic, with expected price appreciation, continued demand, and strong job and population growth in the Las Vegas area.Market Trends 2021-2025From November 2021 to May 2022, median prices for townhomes and condos in Las Vegas increased by 18.8%, from $240,000 to over $285,000, reaching a peak of $287,000 in August 2023.

My offers are getting beat by folks who have some magically optimistic pro form apparently and it's not worth jumping in for sub par returns and tenant headaches (or PM headaches).

I have not gotten drunk on the kool-aid myself, some of it seems a bit optimistic vs realistic in my opinions but we will see, it's surprising what one can do when throw a few dozen million at it.