This phenomenon distinguishes the current housing market from past housing downturns, which occurred in a different interest rate environment.It’s also interesting to note that the number of properties under contract in May 2023 was nearly unchanged compared to May 2022.

FHA’s other requirements in the MAP Guide related to Large Loans remain unchanged.

Supply/Demand Relationship – stable, seller’s market in MOST locations- Seasonally adjusted housing supply still stands at 1.8 months, unchanged at 1.7-1.9 months for nearly two years, since November 2021.- Some – but not all – areas that saw supply as high as 6-9 months (certain communities on Chicago’s South side) are back down under 6 and trending downward.- Seasonally adjusted median days to contract remain at 10, steady between 8-10 days since July 2021.

Furthermore, the use of the property is unchanged as a rental/investment.

I also want to make sure the master lease remains unchanged if possible.

@Lloyd SilverAs a resident of both San Francisco and Grand Rapids I can tell you the same things that attracted out of state and international investors to Grand Rapids remains unchanged.

That is, your loan process would remain unchanged except instead of @Jeremy Kitchen, the beneficiary on your loan docs will now be something like Forge Trust FBO Jeremy Kitchen IRA #1234567.

Days on Market (DOM) for single-family homes rose from 32 to 42 days;Total property sales fell 4.3 percent with 9,780 units sold;Total dollar volume dropped 2.0 percent to $3.8 billion;The single-family median price was statistically unchanged at $339,000;The single-family average price rose 2.5 percent to $420,124; Single-family home months of inventory registered a 3.3-months supply, up from 2.4 months a year earlier – the biggest supply in three years;Townhome/condominium sales experienced their 15h straight monthly decline, falling 19.0 percent, with the median price up 3.2 percent to $225,000 and the average price up 2.7 percent to $260,909;Compared to pre-pandemic 2019, townhome and condominium sales were down 13.0 percent.

I meant exterior footprint would remain unchanged.

To my knowledge most if not all of the cities who are getting hammered for the POS inspections have had their rental inspections remained unchanged.