I suspect that we will all be waiting a lifetime to see rates back to were they were 2 to 4 years ago.. so I would not bank on that.. as for pricing.. if its a place to live then you certainly can just wait and see.. its not like your homeless or need to move other than you don't care for your neighbors.. markets always slow about now.. what will be telling in my mind is were we are at next Feb March April in the buying season as it were.I was in a conference this week here in Vegas and some of the speculation is that many of the commercial type loans that had 5 , 7 and 10 year calls  are going to stress those that had max leverage.. as the rates rise the cap rates rise to keep pace thereby devaluing the properties.. to the point some of these investors are going to need to bring some to significant amount of fresh capital to pay down their debt to get a refi.. and that will stress those assets and there could be a real buying opp in that sector.. at least that's what I gleaned from the talk I listened to yesterday... hope you find that dream home in the country !!!

I currently have 2 rental properties in my portfolio and am wanting to branch out into the fix, flip, and sell sector. 

@Lee Ripma  as Lee stated affordable housing in the private sector is handled with Tax credits.. there are developers who specialize in this asset class.. 

Specifically about the Job and Population growth, Vacancy rates, New building trends and general health of the Multifamily sector in NM.

It also pays to have someone in the Private Money sector on your team as well. 

It is likely to be used more by private equity groups and syndicators to raise capital and move it into the real estate sector.

For those who might not be familiar here are just some the incentives:5 years 10% off capital gains7 years 15% off capital gains10 years or more investor pays 0% on gains plus untaxed appreciation on specefic zones.I’m still getting familiar with the details of the program across all the states to pull money from unrealized gains from Investors across dIfferent asset sectors to revitalize these communities instead of using tax dollars.

I may be going back into the tech sector soon and will need the day-to-day stuff covered. 

There is a ton of wealth in Iowa and Des Moines specifically and I think the trend continues - however, deploying some of that capital into a home grown innovative technology sector would be preferable to not.I'll get back to you with any further info on your immigration specific question that I find.Jim

If the answer to #1 is yes, then you have to decide how that compares to all other leisure ways you can spend money - because all money, eventually, is/will be/should be spent on something.