(Unless you flip homes for a living)Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled"New Home Sales rose in May, Existing Home Sales dropped in May, and today we find out that Pending Home Sales also tumbled in May... so that's 2 down, 1 up - not good (especially as mortgage apps are tumbling in June)This is the second monthly decline in a row, but Pending home sales are down 2.2% YoY - the 5th straight month of annual sales declines.Home sales fell for the year in all regions YoY, but the decline in the last month was concentrated in the South, while the other three regions reported MoM increases.

Yes top end of market is where the higher leverage and higher concentration of discretionary income (Wall Street bonuses, high tech stock options), so it takes a hit first....

We JV'd with a couple of investors before we decided to go the Fund route, which is where we are concentrating our efforts.

Owner financing can make deals easier in many ways and allows the seller to make even more money and spreads out their income which may not get enough or any income tax breaks.There are so many ways to go but do whatever you love and concentrate on how to do it better. 

When the demand is concentrated in the entry-level and median price ranges it stands to reason that the luxury market which has an over-supply would contract proportionately. 

That should lead you to where investors are concentrating their efforts.

I'd be less concerned about the rent/price ratio and concentrate more on meeting your cashflow/ROI minimums.

He says he is "too busy to deal with this project being too far away from me and too small of a deal for me to concentrate any effort on".

Try to concentrate on house-hacking technique to digest more before you purchase your first deal.

You need to concentrate on improving your employment situation and increasing your income.