I work in tech, and my peers are going west. they offer the same proximity upside as the eastside, and for this cohort of homebuyers in town living is a priority.Lakewood is more speculative.

I've heard this thing change hands so many times recently, and now they're speculating the potential for another company to come in as a result of a recent sale.As we've already established, the opportunity is there, but (and I rarely like speaking about politics) -- but in this case, the decision the politicians make will play a huge deciding factor the success of Wilmington.

This might help for stabilizing.I'm speculating (based on size) that it's not in Sand city, Seaside or Marina.

When they account for the risk of these policies, they're not speculating about NAR reduction due to index or dividend credits 20 or 30 years from now.

I think that all we can do is speculate based on our experiences in the areas we know.

Working commute and area lifestyle are large factors to consider as well.I personally like investing C areas that cash flow well that include some speculation of improving in the future as the city expands and stabilizes.

Buying land, unless you an experienced developer, is speculative and is low reward but high risk.

To close with a question: What metrics in your business are you prioritizing as we go into 2024 with speculation of major rate declines?

Some may suggest it's worth taking a loss if it gets you in a property with better growth potential however you're entering the speculation zone doing that.  

And for speculative properties that are in the path of progress, I try to buy deep that are distressed.