It's a goldmine for speculators, as it sits just 4-5 blocks away from one of the hottest gentrification projects we've ever seen in this city.

From what you told, I might guess what's holding things up, but speculation isn't really going to help.

I'm not so interested in Single Family Homes as I'm priced out here in the city and I also feel condos can actually yield more than investors speculate in Washington DC.

Because Vancouver passed strict laws to crack down on speculation, now the all the money goes to Seattle, and drives the market up very rapidly.

When you get the seller to think in current as is values instead of a more speculative "ARV" I've found it's a lot easier to talk the price down and get them to see it your way.

Stocks and mutual funds should really only be held long term, unless you are well-versed in speculative stock trading.Tip

That would be speculating and many lost their shirts that way in 2008.

I am speculating on Grapevine due to the expansion of the trains and so many people got off on that stop when I was last out there 2 years ago. 

That's more of speculating.  

In all honesty you can put a thumb tack in the middle of Austin and draw a radius of 30 miles out and you will be in areas that you can direct market to for more reasonable deals.Determining market cycles is speculation at best but we are closer to peak prices than not.