As capitalization rates for rent regulated buildings are projected to spike, certain property owners may have lost 30-35 percent in value literally overnight.

It is all about finding the right people to buy from and sell to.Rick I am with you  My Dad was doing sub too wrap deals the last time interest spiked like this  early 80s he did hundreds of them..

I've seen immense growth since 1986 but only recently last 4 years that it's spiked.

Frankly I was expecting an increase, but this spike is a lot.

So that may cut back on travel as well.Of course if people that got laid off from tech jobs had banked good money during their working time, might be 3 month spike in longer stays while they have the chance to take extended vacation before looking for next job....or LFM....look from Mexico.....

First it was the property tax increase, which was passed along to the renters, then the rental demand spiked.

Means a lot coming from a wily vet like yourself.I believe there was an artificial spike in post counts a few weeks ago.

With a low enough rate, and the spike over the past few days a buyer could potential save thousands over the life of the loan because of the lower rate.  

I'll definitely be shopping around on the heels of these quotes.

Commodities are all over the place as demand spikes in one area and craters in another.