Getting to point #3 on this, I think this happens artificially to a degree due to the amount of agents withholding properties in Q4 of 2023 because of seasonality.

The degree to which realtors think their skills dictate a sale price and/or time on market is breathtaking. 

The average temperature in the United States is 50 degrees, but if you are standing in Death Valley or Gnome, Alaska, what you experience may feel very different.In the handful of MSAs that I monitor, I'm seeing YoY rent changes from (2%) to 8%.

The downturn will eventually spread across the nation, and to a somewhat lesser degree affect those areas that had lower price appreciation.My timing prediction: the oncoming slow-motion housing crash will become very evident within 6 to 9 months after the first Fed rate cut. 

It could be heat in the winter(in Michigan) or AC in the summer (imagine them running AC at 70 degrees all summer in Phoenix) or just general disregard for leaving lights on and things like that.

Neither I nor my business partner, David, have any degrees in architecture or engineering.

I owned a place in Daytona Beach prior and that did well for 2 years and then the bottom totally fell out of the (global) market. 

I’m all for working with someone and meeting them where they to a degree, but something we’ve encountered is just simple lack of communication.

Eventually with any degree of volume, someone WILL claim you discriminated for a completely unrelated reason.

Most end up getting burnt to some degree during this process.