Does the interest spike much higher?

Quote from @Devin James: @Jay Hinrichs Developments are definitely BIG money makers, but thats also reflected with the risk associated.That's why these projects take so much time and capital, but if you make the right judgements for project selection, and do all your due diligence, it'll turn out well. my 90 home project in Oregon  started it as dirt before covid .. got 1st phase built then covid hit.. had to fight through lumber sky rocketing and other material shortages and the of course interest rate spikes.. but the project ( and I give credit to my Wife and my GC's attention to detail) has sold Very well for record prices and profits .. its de risked now 22 lots left 13 are presold with big non refundable deposits and only 9 lots left that have no debt..

The easiest way to understand why is to ask yourself how mortgage rates have been able to move down by more than 1.5% since late 2023 despite the fact that the Fed never cut rates during that time.The same principle works in reverse as well, as seen during the massive rate spike in early 2022 when mortgage rates moved 1.5% higher before the Fed ever hiked.How about an example from the last time the Fed actually cut rates in a non-emergency scenario?

The combined effect is that premium increases will normalize going forward.I have a feeling if I had an investor on the phone that was reading headlines about insurance premium spikes, the above would satisfy them.  

Having said that, we try to time it with unusually high income (like selling stock or getting big bonus or a big spike in biz income).

Recently, with the spike in rates and prices, it's been nearly impossible to find 15% CoC, but I have been able to find lower returns at 5-10%.

I think Pigeon Forge and Gatlinburg prices have lowered the average yield overall after the spike in 2021 would be the only reason. 

I also when things were hot before interest rate spikes I just followed what Lennar was doing. they had a flat fee of 5k.. which for thier product was basically 1% buyer agent fee.. my product was / is 700k plus so  I was just posting 9750.. flat fee and had no problem with agents bringing in buyers . 

I think the one thing that Airbnb doesn't mention much that is taking away from their business is the spike in direct booking platforms for the top performing hosts and competition from VRBO /Booking.com/Other Niche OTAs.

The pandemic brought an influx of buyers to the area and the number of new STR owners has doubled in the last 1-2 years - check out Airdna.co to see the growth spike.