. - Increasing population is increasing demand - Labor trends seem to indicate that a large percentage of the "jobs added" in the jobs report over the last few years are works who are new to this country. - A dramatic increase in the supply of willing workers usually results in a decrease in hourly wages. - A dramatic increase in the supply of folks needing a place to live usually results in increasing home prices and increased rents.

https://www.rentcafe.com/average-rent-market-trends/us/al/or...

It is landlord-friendly, and specific pockets have gone upwards of 2-4x in the last 5-10 years.Cleveland Housing Market Trend for 2024 - https://www.noradarealestate.com/blog/cleveland-real-estate-...

Researching development plans and economic trends can provide valuable insights into each area's growth potential.Thank you!

And give you the most flexibility in shaping your portfolio. 

Not surprised by this trend and I expect it to continue.I'm picking up a new duplex in Detroit next month. 

If anything, I've noticed a small price adjustment in slightly lower list prices, but it's hard to tell when you're waiting for a trend to occur whether a handful of new listings now represent the entire market as a whole. 

Look at the neighborhood trends, amenities, and future development plans.

It's a great program for a veteran and a good program for a seller to participate in if the property is in good shape but not always the best option for a foreclosed property.

@Chris Heinmiller you can export a list of recent (i.e. 18 months) land trades from Redfin, but you do have to separate the apples from the orange and the bananas, but in an area that is somewhat homogenous, you'll usually be able to see a trend, i.e. you might have two low ones at 20-30k per lot, and one or two high ones at 175k-200k/lot, but then you'll see six or seven trades in the 55-65k range, and then you've figured it out.