Looking back at 2007 from a Real Estate standpoint, it was when things started to plummet right before the financial crisis of 2008. 

Redfin Instagram handleAs per Redfin and one of Phoenix credit union , phoenix home prices is predicted to plummet in 2023. 

https://www.housingwire.com/ar...The trade group’s monthly Mortgage Credit Availability Index plummeted by 16.1% to 152.1 last month, MBA said on Thursday.

When times get tough the prices really plummet.  

I find that they are easier to manage, and that I have a lower vacancy rate on them...however my renters stay in them for shorter periods of time, so more turnover.If the investor ratio gets too high, or too many people are defaulted on their condo dues,...they could lose their FHA certification and become non-warrantable, in which case prices may plummet.  

I don't do the note business so I can't give you much specific advice on that front but I do know that when I hired a coach my costs in BRRRR investing plummeted and I avoided some real headaches - and I'm confident the same is true for my students. 

While the return is good with that one the prospect has gotten worse with plummeting rent in the Bay Area and higher build cost that I'm not sure if I would build another one.

Curious..There was a time when I was working and had no choice, thousands of miles away, but once I took it over myself, my turnover rates, maintenance costs, and number of problem tenants all plummeted dramatically and, of course, the money from the greatly reduced running costs could go back into the upkeep of the properties and all that that brought.I know it is not an easy business and hard to cover costs for the managers, but it is no picnic for the owners, and I have no interest in getting on that merry-go-round again.

Now they're reaching what could be the top of the market, so it's probably a good idea to sell while the selling is good, rather than watching your equity plummet with the next correction.2.)

Then after finding out about the 100% first months rent leasing fee monthly profits plummet to $33/month.