This appears to be continuing into the fall.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:Compared to the recent median price peak in May 2022, single-family home prices in Austin are down approximately 19%.

Second, human nature is such that people don’t want to continuously discuss bad news - especially if they have nothing new to report.To display what PROFESSIONAL syndicators do, I’ll tell you how we operate.  

Fannie does allow vesting to be changed to an entity after 6 months of seasoning on title AND the original owner must have continuity in entity that is being added to vesting.  

It now cash flows beautifully, which I continue to utilize for other my other properties. 

I want to continue to use this house as a rental.

It helps real estate agents to ensure the continuity of their relationship with leads and customers. 

I was back out the next day putting up sticky notes, and we continue doing that every weekend along with driving for dollars (D4D).Our real goal is to focus on BRRRR (Buy, Rehab, Rent, Refinance, Repeat).

TV developers continue to build new construction, and many folks bought in the market to rent out before retiring in the last 18 months. 

The median sale price increased month over month breaking the trend of decreasing median sale price the past two months.The rental market continued to moderate in Q3 2024 thanks in part to the increase in units being built. 1,815 units were completed in the year ending with Q3 2024 with 1,447 expected to be completed in the next four quarters.These new units brought online in the past year increased the overall inventory by 3.4%, however by Q3 2025 we anticipate demand to outpace supply by over 550 units.With this increase in units over the past year we have seen the occupancy rate moderate at 95.8%, down from the high of 98.9% in 2022.

Many REITs continue to make acquisitions on an ongoing basis.