https://www.har.com/content/newsroom/Houston Real Estate Highlights in October Single-family home sales increased 4.7 percent year-over-year, with 6,716 units sold;Days on Market (DOM) for single-family homes was 57 versus 61 a year earlier;Total property sales rose 6.0 percent, with 8,127 units sold;Total dollar volume jumped 9.3 percent to $2.3 billion;The single-family home median price climbed 3.6 percent to $234,653, an October high;The single-family home average price also achieved an October record, rising 3.5 percent to $294,500;Single-family homes months of inventory reached a 3.9-months supply, up fractionally from 3.7 months last October, but below the national supply of 4.4 months reported by NAR;Townhome/condominium sales dropped 2.9 percent, with the average price up 4.9 percent to $206,838 and the median price down 2.2 percent at $152,900;Leases of single-family homes rose 7.3 percent with the average rent down 1.1 percent to $1,754;Volume of townhome/condominium leases fell 6.8 percent with the average rent up 1.2 percent to $1,550.

I do have long term financing already and intetest rates are climbing.

We had 900 point decline in Feb and we are still standing.HOWEVER, clouds are on the horizona) International markets have been routed - from 50% down in Asia and Russia to 15% down in Europeb) Interest rates are climbing, 30 year mortgage hit -- shock, horror -- 5% againc) Real estate markets in some regions are showing seasonal cooling downd) Tariff warse) Oil prices risingf) Employers cannot find employeesThe next 12 months should be interesting ....When the credit markets sneeze, the real estate market will catch a cold ....

I have the new iPhone Xs so i believe i heard your able to get two lines on one phone now but the problem is i don't want just another line that i have to answer i need help sorting through the real calls that need attention from those frivioulos 8pm phone calls that they saw a squirrel climbing on the gutter. 

The scale climbs quickly but levels off quickly,  and falls quickly, such that (hypothetically):$1 rent = 100% demand, $50 rent = 100% demand, $100 rent = 100% demand, $250 rent = 97% demand, $500 rent = 80% demand, $750 rent = 60% demand, $1000 rent = 30% demand, $1250 rent = 10% demand, $1500 rent = 2% demand, >$1500 rent = <1% demand.

Waiting for valuations to pull back also means you're waiting for interest rates to climb.

The nuclear tower stack had 3 climbing walls approaching 100M. 

[climbs down off his high horse]

Sadly, my experience has also shown me that it's not uncommon at all for DIY landlords to get divorced somewhere during the process of climbing the ladder to affluence.

I'm certainly not banking on it still climbing at this rate but if the house was worth $1 tomorrow I'm still living where I want to and for way less than it would be to rent.