Also, that number fluctuates each week, bouncing around the 2's for over a year.  

Even if the market fluctuates, I am safe with my original financing terms.

A few comments on what you had to say;- HELOCs have a fluctuating rate, unless you lock yourself to a constant rate, which is generally more expensive, and even then usually 5 years or so.

The recent sale price can be helpful to know as well, but even this can fluctuate wildly based on the economy at the time of the transaction, and what the seller had in mind when they bought it.Ultimately, I think there are several factors that need to be considered.

Or could that be just because smaller markets don't tend to fluctuate as much to begin with?

As such, property values don't fluctuate as widely as other areas (supply is limited, demand grows) but because there is less risk, the cap on buildings does not get as high as in other areas.

Under aformentioned act, a tenant can refuse, leaving the investor holding the property, unable to commence repair work, being illiquid for longer than planned, and worse, falling victim to market value fluctuation (yes, even in 90 days, I've seen values drop 10% or more!).

You need to get comps of the last three months. 2008 was even bigger turnaround year then 2007.Florida in particular is hard to get property evaluated properly because the market fluctuate so much.

Hi @Johnathan Norman the Seattle area is a tough one as the areas fluctuate rapidly within blocks.  

The price to rent ratio (2%) will fluctuate some with the market but generally stays pretty constant except in volatile markets.