Price corrections are 10% to 12%.The 10 year treasury and 30-year fixed mortgage loan market reacted to the March 16th FOMC spiking.

People like the discussions that involve kool-aid spiking on parade floats.  

At this juncture it seems to be that prices are going to go further up but prices can also drop off sharply if there is sudden spike in interest rates, changes to fed's monitory policy or overbuilding.

It's only a matter of time before 98% of them are put on their heels. 

The combined effect is that premium increases will normalize going forward.I have a feeling if I had an investor on the phone that was reading headlines about insurance premium spikes, the above would satisfy them.  

Financing was my achilles heel and I eventually had to drop the deal.I've dealt with several HMLs on smaller rehabs, but none of them were comfortable lending on such a large commercial space - most are used to SFR flips with a 3-6 month turn rate.  

They all look like bargains in hindsight now that rents have spiked.

But on the commodities trading part, based on technical analysis, we are quite close to the bottom of crude price, maybe one more spike down to complete the whole downturn (maybe ~$22 to 23 range).

I forget what BP member did an analysis of prices and days on market in the energy corridor recently in Houston, and days on market spiked dramatically and prices were down.

I am 6' in heels and will wear heeled boots when meeting with these guys to no avail.