With low cap rates and high revenue and profit, valuations are off the charts!!!...

Awesome chart thanks

Since this chart is harder to boil down to a single expectation number like the previously discussed reporting metrics, this rarer release can affect yields, as it provides an infrequent insight into the longer-term rate outlook from Federal Reserve officials.University of Michigan SurveyAs inflation has taken center stage in the last few years in the United States, formerly minor surveys and data releases have increased in importance and their effect on Federal Reserve rate thinking and, thus, mortgage rates.

Because they have a TON of equity and their mortgage is cheaper than rent and they have no alternativesBK filings will be off the charts the next 2 years and foreclosures will increase but as noted calling a bank is a complete waste of time as they also use 3rd party asset management companies and will not give you time of day.

Don't be embarrassed to leave your business card with your hair stylist. 

There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.

The ceilings in the basement are a hair over 7' (full size door fits), and trying to understand whether to duplex down my first floor unit and go from 3/1 to 4/2 bed/bath legally. 

This is almost like in 2008 ….. so market crash and recession usually happened after the Fed had started refusing rate …let’s see what happen next , could be different but the unemployment chart is following the historical sentiment … 

And I think this is where the Midwest starts to stand out from red-haired step child of past decades to looking pretty good now.

Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single family home in the City of Austin over the past two years:The median price for a single-family home in May 2024 was down roughly 10% from May 2022, which was the most recent pricing peak in the Austin market.For some context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing Austin is still substantially above pre-pandemic levels.