Rates have now decreased from averages in the mid-7's to now upper-5's, yet the market has not seen a "speed up" -- likely due to the seasonal swing, and the upcoming election. 2025 should see strong property value growth, with increased inventory, but also increased buyer activity with rates expected to continue downward. 

This is a key step if you move forward with a land contract.Closing ConsiderationsAvoiding a Formal Closing: Skipping a formal closing saves on costs but increases the risk.

Until builders can catch up and create millions of homes, I think we will continue to see huge increases in sales prices, however, the lack of sellers means numbers in terms of how many houses sold will continue to go down driving prices up even higher

This abundance of listings gives buyers plenty of negotiating power.Even with the increased supply, the median sale price still rose by 3.3%, reaching $315,000.

Having said that, I renewed my excellent tenants with increases to make sure I’m as close to market as I can be -knowing that future increases will be limited.

I recommend increasing it 10 - 15% because people have a tendency to squander utilities when they don't see the bill each month.

It seems as if everything remained true here though so the increase in fees is certainly frustrating. 

A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand.

Follow up to this, on the week of closing, Nexa Mortgage through UWM increased the closing cost by a almost $3000.

Do new units nearby increase your property value and/or rent?