This is because banks and mortgage lenders are tightening underwriting standards to cover the risk of millions of borrowers seeking forbearance on their home loans.He said that despite ultra-low interest rates and the need by many homeowners to raise cash because of job losses and economic uncertainty, many homeowners are priced out of the market for cash-out refis.I immediately scoured the internet for more information and found an article by "American Banker," dated May 4, 2020.  

The smokies are ripe for this too, with the ultra low property taxes and no state income tax for individuals, if the only metric is coc or roi, then the only thing that ultimately matters is revenue and interest rates (day to day cost to operate are typical anywhere).

The home boasts an outdoor shower, washer/dryer, work-space, dishwasher, sunroom, two-tiered deck, 50” smart TV, and full kitchen amenities.

I have no interest in going full fancy concierge service for the ultra wealthy, it's too expense in overheads from labor which is extremely difficult to find in rural MT, and then it just feels like a snobby hunting club which is antithetic to Montana values.I couldn't/wouldn't do the time share model as well, because again, that comes with higher amenity expectations and people actually have rights to time as real property.Thank you for the input!

The investors backing the family offices in those cases are ultra wealthy and do not need yield today.   

We went out of order building phase 3 before finishing phase 2.. but it was the right call we would not be performing nearly as well if we did not have these ultra nice single levels for our empty nester cash buying clients.. sometimes you make the right decision ..

The number of closed sales also remained basically unchanged compared to this time last year.Overall, the picture is that of a stable market that has found a new equilibrium.Here are the full stats for Austin and the greater metro:The Austin metro still boasts one of the strongest regional economies and job markets in the US.So, the engine driving the Austin real estate market is still robust and is showing resilience in the face of recent tech layoffs and a broader economic slowdown as the Fed continues to rein in inflation.However, no matter how strong the Austin metro economy, there’s no way around the fact that mortgage interest rates–now at a 20+ year high–have made home ownership and investment more expensive and pushed many buyers to the sidelines.

And honestly, most wealthy and ultra wealthy people make their money outside of real estate and then maintain their wealth with real estate.But back to real estate: If your goal is passive income, you need to make investments that generate passive income.  

Tell me if I'm missing something, but with real estate being ultra rate-sensitive I don't see how the fed can stop this self-eating snake if they are looking to stop shelter inflation.

Large warfs of it, if you have the funds to hold it long-term, in growing markets, are good returns and hassle-free when compared to the potential hassle of rentals, even with property management (without a team set up that's ultra-solid).