It represents the number of months it would take to sell all homes currently on the market at the current pace of sales.

, the broker says this is not the case. 

I think it would give it a little bump in value but it all depends on the buyer.

@Michael Smythe - Agreed it is all basic stuff to you and I in the field of PM.

An analysis of the data also shows that the city north of Austin grew 10.6% year-over-year, making it the fastest-growing city of at least 50,000 people.

Nicholas,The one piece of advice I would give is refinance the Condo before you start renting it out. 

The hurricane exacerbated the already long permitting timelines but the city was working on hiring more inspectors and others in the building department to keep up with the building boom we've seen over the last several years. 

Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.

We don't specifically ask for them to "close" but we do ask for them to lock the door behind them. 

The answer?