The rates had really begun to spike here on the east coast, and I heard that congress was going to try to rectify the issue, but I'm not sure if they did.

So with each of my vacancies here's typically what my total funnel looks like at the end of the process:Leads: 50-60 contacts Showings: 30Applications: 12Viable Candidates: 1-3So in my market, I tend to get a spike in contacts within a few days of posting (later in the week is also seems to be the time folks are looking) which then trails off as the ad is up for longer periods of time. 

Here's headlines from today:"Texas orders bars to close as coronavirus cases spike""Fed caps dividend payments and suspends share buybacks for third quarter after stress test" (banks)Its very uncertain out there.  

When/if the Fed lowers rates next year, demand will spike for housing causing home prices to soar.

@Mike Hasson, I knew the roof needed to be replaced, but wasn't prepared for the perfect storm of spiking lumber costs and hidden labor. 

I think Aug-Sept will show a spike in short sales/foreclosures as people get snowballed by the forbearance option and want to be ready to jump in by that time. 

Having said that, prices have spiked in the last few months, but it won't last once interest rates go up.4. 

Meanwhile, some of our other rentals spiked and we increased rates.You need to start by identifying to what strategy you're using, who is your guest, and why are they staying there.

Provided interest rates don't spike.

Supply is low and demand is at an all time high - and buyers are racing against the clock to beat rising mortgage rates.Two good articles to read up on regarding the local market:National Association of Realtors: Existing Home Sales Spike in JulyMiami Herald: South Florida Home Sales Rise by Double Digits in July