The problem too is that incomes are not going up as quickly as what rates will be, widens the gap and will push median price homes down if income slows.I've been in hot markets with double digit interest rates, regardless what rates are, people will buy and sell.

I.e. there was a higher list price that i missed....but it did seem that a fair number sold in single digit DOM and many in less than 45 DOM making me wonder that the list price could be the original list price.I hope my question is clearer now....I do understand that list could mean "nothing" but in this case the numbers could work, according to my newbie understanding plus the list prices of other cash sales and their closing prices seem to be around here...s/times closer to $20k.

Sometimes I even have them just rip up a check if an offer is not accepted. do what works for you....Finally an anecdote: I put down a 4 digit EMD on a short sale last march. offer ratified, check deposited by title co.

If he/she is use to getting sub double digit retruns, 10% sounds great.

No consumer debt on me, student loans but I'm a young banker and I'm really into numbers and makes more sense to get passive income CoC returns in the double digits rather than aggressively pay of single digit debt.

Be detailed in describing your home and make sure you use double-digit list of words, phrases and word families that you and your listing agent can use to craft a vivid listing description of your home - and the lifestyle you want buyers to visualize living in it.

I feel like many times, they are FNMA underwriting with double digit rates.  

Look at yourself in ten years and compare locking in historically low interest rates, purchasing an asset that traditionally and consistently appreciates over time, getting some landlord seasoning started for future borrowing, and getting some real life experience...or sitting on the sidelines waiting for the phantom double digit returns in Utah county.  

The returns are low single digits.  

The last one I got had a digital market appraisal, took about 10 days, and cost me $171 If you sell that house you'll make one-time cash but you'll lose amortization benefits, tax benefits, and you'll have to pay taxes on any profit.