And as the price of this particular resource continues to plummet, I envision a new path for myself and my family. 

Because it implies that not only are *current* returns FANTASTIC they will be MIND BLOWING 10 years from now if you buy-in RIGHT NOW because two things will happen (according to Rolfe):a - earnings will shoot up due to increased rentsb - cap rates on those earnings will plummet due to a new professional investor class owning the asset.Combine a and b and you have the recipe for giant returns on capital if you only buy in RIGHT NOW, as good old Uncle Frank is advising you to for the low, low price of $2,000.

When their property's values plummeted, these owners were underwater and owed far more than their property's were now worth.  

I'm looking to buy a place in downtown Los Angeles, and I've read some stuff on first-time home-ownership, but I'm definitely still a newbie :)DTLA is a bit more expensive area, but money is not a huge issue for me (I just don't want to get ripped off, or buy something that suddenly plummets in price).

Keep a blank check with you at all times and be sure your agent is ready to write an offer on the spot - and make sure your agent knows what an escalation clause is and how to use it.That's not a rock solid guarantee, but I can promise that if you wait for the weekend to submit an offer, your chances of success will plummet.

And when demand plummets, it creates pressure on sellers, especially ones who are desperate to get out. 

History shows that real estate interest rates tend to hit their highest after land values peak.Mortgage applications to purchase a newly built home plummeted nearly 9 percent in June compared with June 2017, according to the Mortgage Bankers Association.

I am from NYC and the real estate market in the city has been plummeting and was wondering if the growth in Atlanta has plateaued 

Their net worth plummets in exchange for an illusion of relief.   

And be vary wary my friend of using those cards because the minute you break the artificial debt ratio set by the credit gurus your score will plummet faster then a bowling ball from outer space.