For the 10 year period spanning May 2014 through May 2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.2% in that period.A 30-year fixed rate mortgage is sitting around 7% interest, which is down a bit from recent months, but still well above where we began 2024:The Fed monetary policy and rate decisions remain the biggest single driver of the residential real estate market overall.

Looking for input regarding the pros and cons of withdrawing from a TSP (= govt 401K) plan that is just sitting to use to purchase an investment property.

Quote from @Gabe Walters: Sit down with a pen and paper to calculate your actual losses, then see which one hits harder.

Just don’t know if I should sit in the side lines or get involved. 

If you take it, the prepaid rent would sit in a holding account and be recognized as rent one month at a time

Says this is according to Fannie Mae requirements.I explored seller financing but she wanted prime +1% and full asking price and was not able to convey existing furniture to me... so it was less attractive to me.We'll see if it sits on the market, and comes down in price and I can then make another offer.Thanks again!

Is there lots of stoop sitting?

Some are selling them quicker than they can build them while others are sitting on several inventory homes.

That money is sitting in an account earning close to 5% so we are not complaining.

I bet you probably have a deal sitting in your pipeline.