This boost indicates a stabilizing market with ample opportunities for buyers.Townhomes & Condos: Shifting TrendsClosed Sales: The townhome and condo market saw a significant decline, with 868 closed sales—a 27.9% drop from last year's 1,204.

This boost is a positive indicator of market stability and buyer choice.Miami Townhomes & Condos: Trends and InsightsClosed Sales: The market for townhomes and condos saw a sharper decline, with 1,085 closed sales—a 20.2% drop from last year’s 1,360.

I have a condo that the buyer is ready to put down 30% on, but the conventional lender declined due to the warrantability issues with the condo. 

Many people on these very forums said they weren't going to buy unless a deal penciled at 20% vacancy with 10% annual rent declines for next three years.  

The population could decline and we still would not have enough housing but with a steady population we are significantly short housing.  

The rate sounds low..conventional mortgage primary purchases are in the high 6%'s-low 7%'s..The 5 year PPP is a little heavy as usually declining..5%.4%.3%..can also consider 'buying out' of the PPP usually around 1-1.5% of the loan amount upfront..

US Supreme Court declined certiori (decided not to hear the case). 

The market vacancy rate held steady at 11.6% compared to Q4 2023, while asking rents declined slightly by 0.5% quarter-over-quarter to $234 per unit.

In the ten-year period beginning with Q2 2014, the South Bay submarket has experienced the greatest introduction of new inventory, 8.3 million square feet, amounting to 27.8% of all new competitive stock added to the market.Asking and Effective RentDuring May, asking rents built upon April's 0.2% decrease, declining by an additional 0.2% to $12.82.

Due to rate increases, I was not planning to refi after this rehab so the challenge is not a problem in this instance.In addition, non-commercial residential in my market has shown no decline and is up significantly YOY.