However, development has decreased the availability of this land in our area, and it will likely only continue to decrease. 

Has the cost of wood/material decreased?

A county assessor increased the value to 600k.Here is my question.Let`s say I am buying a property with an assessed value of 1 million for 600k.Will a county assessor decrease/make reduction of the assessed value?

That being said; we did not have any crazy rent increases either (2%-3% maybe) and your insurance and other expenses are consistently increasing each year at a rate higher than that.I do not think rents will decrease but I would make sure that you are using accurate rental comps when you are setting your rents or underwriting a deal and verifying the rental amounts you are being told are accurate.

The month of June 2021 saw an increase in number of homes sold, an increase in median price and a decrease in DOM in comparison to May of 2021. 

I just read an interesting article about home flipping statistics: https://nationalmortgageprofes...It seems that the rate of home flips as a percentage of all home sales, as well as the profit margin for flips, have both have decreased in Q1 this year, with the exception of a few metro areas.

Knowing the red flags of scams will decrease your chance of being a victim of a scam and possibly losing out on a lot of money.

We made an offer after watching the house decrease in price over time and then plateau at $255,000; we offered to pay the asking price as long as the seller covered closing costs.

We made an offer after watching the house decrease in price over time and then plateau at $255,000; we offered to pay the asking price as long as the seller covered closing costs.

The bedrooms below grade would definitely decrease the overall value of the home due to the fact it is less desirable.