They give these reasons like statistics because it’s succinct and clear and sounds like the smart thing to say.

Lowest point since 2008.https://www.statista.com/statistics/226144/us-existing-home-...This means that when rates come down, which they will, you will introduce new buyers to the market who want to capture low rates, and Sellers wont have as much remorse selling their house and dumping their really good ratesOnce this happens, increased activity is inevitable.More activity means more competition and more Buyers which will increase prices.

Fueled by caffeine and ambition, I start to look for any patterns and start to run statistical tests to find any outlying data.

The statistical information is interesting, Rich.

Further, properties in VA do not trade on a price per sq foot basisI like the Charleston SC  MLS  in bold letters at the bottom of the listings it says.. " IF SIZE MATTERS MEASURE" We just sold a new build that my architect put 2010 sq ft which my wife relied on.. since it had not been assessed yet it just shows vacant lot on tax records.. appraiser came in at 1825  sq ft.. same thing they wanted to know what we would do about it..

That is a STAGGERING statistic.

I too have been a RE investor educator, but this thread is not intended for anythinjg other than statistical research for me and all who read it.I want to know what you spent $ on, how much, and what was your result from that education.If you are considering investing in educational products or services, what are teh options you are consiering and what is the cost of said material/program.It is well known that most guru bootcamps and the like have very poor success rates, often below 5%.

It's now the same in 'nominal' dollars as when she started with it however, from the statistics I follow it can only buy about half of what it could in 2000.

While I would assume the "50 offers" is at least somewhat exaggerated, in cases where there are lots of offers, my guess is that statistically, there are going to be at least a couple that are a good bit higher than the median offer price.

As I pointed out (in bold no less) each state has different rules on how foreclosures operate.