There are people that make a lot of money to make this predictions and even they can't figure it out, so a bunch of randos on BP are all just guessing, as is anyone else.The one thing I'll say is the American economy has proven far more resilient than most expected. 

And I officially lowered my rate cut prediction last week to 2 cuts (from 3) in 2024, at .25-50% each (while the bond market is also pricing in just 2 cuts, from 6).

If you could reliably predict it everyone would get rich, same with the stock market.

Fannie Mae predicts a gradual increase in sales transactions and home listings this year.Indeed, NAR Chief Economist Lawrence Yun notes there are nearly 6 million more jobs compared to pre-COVID highs.

When any little hiccup comes along that most of us did not financially prepare for we Demand the GuvMint do something, like my stock portfolio dropped 25% today in 10/87, so drop interest rate to Zero, thanks Maestro Greenspan, or again in 3/2000 when Yahoo.com didn't somehow grow into its projected 30 trillion dollar market cap based on its PE of 700, drop rates to Zero and keep 'em there for 22 years except for brief interludes of sanity (inflation got above 2%), or in 2008 when no one with a pension fund in America took any damn responsibility/oversight and gave their retirement funds to crooks to buy whatever ratings agency rubber stamped dogshit inverse synthetic CDO they could get a commission on, then were shocked, laying on their fainting couch clutching their pearls when the financial system reliably imploded, so drop rates to Zero again and start Monetizing/printing the debt, and now with the most predicted pandemic in history, Americans hadn't saved a damn cent so we cried to the GuvMint, send us 7 Trillion dollars now, I need a new Lambo!

That database is quite large - and its ability to predict pricing is getting more fine-tuned and accurate every day. 

First year was fine on property taxes, and we were cash flowing great.  2nd year the property taxes went up and not enough escrow was taken out by the lender, so now they're trying to catch that up and predict the current year, so mortgage essentially went up $1000 monthly, thus killing my $500/m cashflow and making me a $500/m loss.  

The hearing was a joke, and as predicted and noted in the earlier post, in spite of not showing me any law the city recommended action for revocation to the director.

The HELOC for the eventuality that you find problems that are more expensive than you predicted, and use as an emergency fund.

However, after meeting with a friend who has real estate experience he mentioned that he predicts in about 12-18 months there will be a downturn of the market and an influx of foreclosures due to the pandemic forebearance.I now feel like our momentum and excitement has come to a screeching halt and I am unsure of whether or not to invest in this market.I understand long term the market works itself out, however, if I bought this multifamily unit on my current income, I cannot afford for the rental market to depreciate as well which is my fear.The mortgage would be about 4K.