Researching market trends and speaking with a local real estate agent can help you understand if prices are likely to rise or fall.

Rents could continue to fall, and the cost of labor rise dramatically.https://www.cnn.com/2024/11/19/economy/new-home-undocumented...

It’s awesome that you’re already thinking strategically about getting into real estate early on, many people wait years before taking this step, so you’re ahead of the game.You’re right about Dallas being a competitive market, and finding cash-flowing houses in good areas under $300-400k can be challenging, especially with rising interest rates.

Yeah, people can up vote dumb stuff too but it's less likely overall and the cream tends to rise anyway.

That said, Indy is getting a lot of national attention, and we are seeing a steady (very slow) rise in values.  

However, with rising property prices and rents not keeping pace, it’s becoming more common to see 0.7% to 0.8%.

We've seen our area MLS which covers about 20 counties come down to an average sold to list price ratio of 95.1% and Knox county specifically has come to 96.4 % which is lower by about 2% from this time last year and down from our peak this year of 98.5%. but it's about in line from winter 2022 into spring 2023 which was a time when rates were rapidly rising.

In those two specific states there is just a ton of build-able lots especially SWF so you dont have a supply issue like other areas of the country that are supply constrained and therefore prices are holding or even rising a tad.

Long term I see entire neighbors improve for their betterment because of rising prices and the very hard work of those buyers.

However, high property taxes and rising values can pose challenges.