One property the square footage was high because they assumed both florrs were same size and they were not. 

Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

I was talking to a RE friend.He said it's a bad time to buy* rates are high* homes are expensive in most marketsLooking to hear some counterpoints. 

Hello Mike, It is nearly impossible to answer this question without taking a deep dive on the numbers of each but often times in expensive markets like Seattle the cost of construction is so high that it doesn't make sense to tear it down unless you can build something way bigger/nicer.

From what I read in Bloomberg, delays in high-demand areas have gone up significantly in the past year.

High-quality photos and detailed property descriptions are key. 

Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.) 

I thought I was buying at top of the market in 2020...and 2022...but prices continue to remain high. 

High rental demand for room rentals in Hyattsville and College Park.

Were revenues as high as you expected them to be?