A market can remain strong and an assets performance goes to hell simply from suffering the ravages of time and cap-x.     

So, while prices currently remain similar to last year, we are seeing softer buyer demand and increased inventory compared to 2023.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin this year through August:The median sales price for a single-family home in August 2024 was up roughly 11% from the beginning of the year.

"Gurus" love to inflate their numbers.

Normally at minimum an appraisal is required to verify the remaining collateral is sufficient.

Property needs some fixing, but I think has potential (especially in our highly inflated housing market).

You ask them on inflation, with total calm they have the answers, not just for today but tomorrow and all the tomorrows.

Do they beat inflation?

-the departing and remaining residents will remain liable for all Lease obligations for the rest of the original Lease term.

However, availability remains tight, with a record-low vacancy rate of 4.5%.Retail move-ins reached 86.3 million square feet, while move-outs balanced the market at 86 million square feet.

If Interest Only ARM, then your cash flows would be higher but your principal would remain the same and may be less desirable given that you would be looking to pay if off in full between 7 and 15 years.Cheers!