They also look at GCF (Global Cash Flow) which looks at your personal financial stmt, credit score, taxes, w2's. 

(although I think they had a hue lawsuit and major issues here in central OH with Corcoran Global last summer, don't really know what happened but thats a totally diff post).

Your local government will take 100x more room your investments than global warming.

It has been around in some capacity since then, whether in sci-fi novels or as a buzzword thrown around Silicon Valley, as the next big revolution that was perpetually around the corner.However, the time has now come when it’s set to disrupt the real estate market, and other markets, both in the USA and globally.

But there is def cycle for each state. the cycle is actually a Fed rate cycle so it's all global, demand/supply are very different now in every city/state.

There was a GLOBAL point, in the GLOBAL answer to this ALL-ENCOMPASSING question, that as said at start relates to O.P. question. 

We found a book detailing a process to auction any house in 3 days and followed the process uniformly, unsuccessfully.We had a lot of goals and an in-progress plan but what was really our saving grace was a market with tremendous stability, even in global real estate instability.

Recognise your own definition of financial independence and how real estate fits within it.2.

Initial estimates of transaction volume in 2023 suggest that a little less than $35 billion traded hands last year, a level reminiscent of the post-Global Financial Crisis recovery.As quarterly sales volumes have dipped below the pandemic's lowest points, 2023 sales volumes fell nearly 60% below 2022 levels, mirroring figures from 2010.