(Which is true, because I do mostly luxury residential, just trying to help) Marcus, you are just south. 

Only luxury single family houses will be built. 

My working son and has had a hard time finding something because work is in more expensive areas with tons of SF and luxury apartments nothing in small studios.

I can envision that the numbers on these luxury homes would lead to to a long lag time...but hopefully I'm wrong. 

This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?

This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?

The Northeast and Midwest are expected to be less affected by the oversupply compared to the Sun Belt and luxury properties.

We've closed had a few luxury/jumbo STR's that way, where the revenue is surpassing projections. 

Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff

We love our pets but at the end of the day pets are a luxury.