If anything, I would expect the Cleveland real estate market to decrease in value over 2016.

They do sometimes start with listing prices over BPO recommendations and they tend to decrease them over time to assure they get as much as possible.

Combine that with the fact that monthly payments increased, therefore the price of home that people could afford decreased (if you can afford a $950 a month payment you can afford a $200,000 loan at 4% interest and only a $160,000 loan at 6% interest), and you've got no demand.   

As for vacation homes, demand is down due to a decrease in travelers over the past year, BUT, with Disney rolling out 3 of the company's largest expansions in the next 18 months, there should certainly be a significant increase in demand.

All of this case law could be applied (at the Federal level) in considering what constitutes an unacceptable delinquency rate for loans made on primary residences if the courts agree.Any operator, no matter how small, should be prepared to defend their delinquency rates, and to work smarter and more effectively at decreasing them.

Is an initial 20-50k spread (a spread likely to decrease over time) worth your life and the lives of your family helping you out?

For example, if the Chinese government stops Chinese citizens from taking their money out of China, it will slow demand for Real Estate in Canada.The only problem with forecasting a bubble bursting is that it could be a month from now, or it could be 15 years from now when home prices are 3 or 4 times higher than what they are now.If you buy for the long term cash flow, you'll be protected if house prices decrease.

Over time, Google also kept suggesting me to add more keywords, which I felt has actually decreased the conversion from traffic to leads that submit info or call. 

Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the property but excludes Loan Payments, Capital Expenditures, Depreciation, and Amortization.The IRS has recently raised the Tangible Property Expensing threshold to $2,500 (from $500 previously) per item so if you took advantage of this change, wouldn't it decrease your NOI since you can expense smaller capital items as repairs & maintenance instead of capitalizing and then depreciating them over time?  

Then I would need to refinance and know that in three years the mortgage industry could be different, and there are risks that property values decrease.