So declining suppy in first chart is causing price spike in the following chart from Zillow.

Fannie and Freddie would rather have a borrower well heeled in the cash category and short on total net worth (5 to 10% short), rather than short on cash and a high net worth.

Look at class A/B of major cities and you will not see those sudden spikes as much and the properties with higher rents will work a lot better from out of state.

Oh, and if you're getting financing, you'll want a contingency for that in case it falls thru or the interest rate spikes ruining the deal.However, you know that the more contingencies you put in you offer the less attractive and competitive it will be to the seller. 

There will be a lot of money changing hands once the glut of oil inventory is consumed and demand spikes.

But inflation of goods and services is competing for tenant’s surplus dollars, leaving them with less capacity to absorb runaway rent growth on the heels of double-digit growth for multiple years.  

@Steven Griffith Go Heels!

@Chris Seveney here in Austin, we've definitely experienced a spike in inventory because of the higher interest rates.

Hi all - figured I'd share a thread recently posted on twitter running some numbers on whether DSCR loans still make financial sense in the current climate of spiking rates. 

Areas surrounding those states can also see spikes.