I keep track of everything in a spreadsheet and am watching and learning how this specific market is reacting to rates, motivated sellers, first time home buyers, and investors.

Rare to find a native of PHX out here.

I grew up in Conroe/The Woodlands not far from Spring - always happy to have a Texas native on the forum :) Like @Sarita Scherpereel said, the meetups in Houston are great to attend, network, and help educate! 

Hi All, I recently closed on 3r / 2b (each unit) duplex in Fayetteville Ark right near to the college. We were able to list it just as school was ending about 2.5 weeks ago. My units are moderately priced as others in...

I am a Chicago native and local mortgage lender and investor.Is the STR you are inquiring about going to be your first property?

To prove my point I will take my market here in Utah, this may not be the same for your market but I would be surprised if we are the only location reacting this way.Below is a graph from Q3 2019-Q3 2023.

I do it mostly because the veteran real estate investors here know you never find anything but human feces and decades-old porn behind water heaters, and I think it's a great private joke for all of us about how weird this business is, especially seeing how the newbies react, all offended that anyone could possibly be dishonest here in the forums about finding rubberbanded and cellophane-wrapped stacks of used twenties in a hundred-year-old defunct crapshack in Yinzerburgh, of all places.And every year, right on the button, I get a bunch of people who insist they know exactly how I should invest my found money.

As we all know, real estate is slow to react, so, even if interest rates drop and the presidency goes in favor of a real estate centric President it will still take some time for the market to reverse its trend.

I don't know how fair housing would react to such a compliant.

@Alan F.Every market will react differently depending on the the supply an demand and the economic drivers in that local economy.