The number of closed sales also remained basically unchanged compared to this time last year.Overall, the picture is that of a stable market that has found a new equilibrium.Here are the full stats for Austin and the greater metro:The Austin metro still boasts one of the strongest regional economies and job markets in the US.So, the engine driving the Austin real estate market is still robust and is showing resilience in the face of recent tech layoffs and a broader economic slowdown as the Fed continues to rein in inflation.However, no matter how strong the Austin metro economy, there’s no way around the fact that mortgage interest rates–now at a 20+ year high–have made home ownership and investment more expensive and pushed many buyers to the sidelines.

According to CNBC,The price index rose 3.7% in the 12 months through September, unchanged from August, the U.S.

(Example: 100k property = Rent should be over $1,000 a month.)d) Market neutral (Example: Military Bases, Has many prisons etc... where peoples salaries are constant and unchanged regardless of the market.)Bonus: How far from the closest Starbucks/Wholefood/Fast-Food is the property?

The retail vacancy rate has remained unchanged over the past year at 4.2%.RENTAL MARKETThe 1bd and 2bd apartment rental prices have remained the same over the past 6 months, according to Rent.com.

If it wouldn't cash flow as a LTR, then don't buy it as a STR unless you are willing to bet on regulations staying unchanged.

I have not seen anything to quantify this so I decided to do just this; determine for a given interest rate, what the purchase price has to be so that the payment is unchanged.

Margins are smaller but still very profitable.Our STRs in smaller markets are unchanged (Dayton, Raleigh, Tuscon).Some markets are oversaturated and many people purchased property that doesn't pencil out as long term rentals.

If the law remains unchanged, the value of properties with NCUs will increase substantially. 

Supply/Demand Relationship – seemingly perpetual seller’s market- Seasonally adjusted housing supply still stands at 1.8 months, unchanged for two full years since November 2021.- Seasonally adjusted median days to contract fell to 9, virtually unchanged since July 2021.

For individuals aged 50 and older, the catch-up contribution limit remains unchanged at $1,000, making their total annual contribution limit $8,000.