I'm not sure how eager I'd buy to buy right now though; the market is all squirrelly right, with values spiked through the roof due to short-term market forces (some driven by $, some by emotion).

People continue to move into the area causing very low vacancy and spikes in rental rates.

I don't see whats going to motivate sellers unless we have a recession bad enough to spike unemployment.

A full blown war in the Modern era would likely not yield good results any where.As a side note- Soldiers who would get deployed that are single and renting would lead to a spike in vacancies.

I would really need to analyze your situation to give you a solid answer, but the 10-year Treasury is spiking this morning meaning rates are up even further today.

I’m hearing more and more folks are underwriting their deals with a blend of 2019, 2020, and 2021 revenue from Airdna to adjust for the spike in travel during the pandemic years (I.e., don’t just look at the trailing 12 mos figures Airdna spits out).

Many carriers are seeing double digit rate spikes.

@Remington Lyman I love it, still plenty left in a market that doesn’t take crazy spikes one way or the other.

I know that this is no different, depending on the disctricts or the class of the neighbourhoods, however, when the total population of a region with around 300x100 miles is around 440K people, its hard to understand these variations.Also, because the place is small, we have investors and buyers coming from everywhere to buy everywhere, but with the huge differences in income between the people living in the big cities (Lisbon, Porto) and the rest of the population, its EXTREMELY hard to find deals.Also, i think this happened worldwide, construction prices spiked and, being small and not having that much competition, it makes it very hard to get competitive quotes... so even being small, there's a shortage of homes...Home owning is very encouraged here in Portugal, rentals are not that popular.

Lastly, log onto your water acct, it will track hourly usage, see if there is a spike, but again, 100 bux a month is not high, well maybe a little.