Yes, 5,000 people per month are moving here and yes inventory is low, but with so many investors also in the market, my guess is that home prices are getting artificially inflated.

As the asset class rises as does how clean the tenants keep their units.

Due to the rise in cost of labor, and as a result the cost of new construction, it is not as attractive to build new multifamily properties.

But with unemployment already unusually low, it would take a pretty dramatic rise to cause home prices to drop.Curbed article on no market crash coming

Here at the beach prices are rising steadily. 

But if the foundation is rising rather than falling does that have anything to do with the foundation, or rather slab sagging between beams or poor drainage due to the all the rain last year?

@Ryan Evans HEY Ryan thanks for sharing would you mind providing the areas that are on the rise in Detroit?

A few nuances here related to the numbers:List Price: $449kFirst Offer Received Buyer X: $465k w/ $95k down (with appraisal continency) Final Accepted Offer from Buyer X: $480k w/ $48k down (appraisal contingency removed)Bad Appraisal: $440k (should have been appealed with ROV due to errors but buyer declined; average age of comps was 11.5 months and no inflation was added to adjust values, also appraiser used incorrectly small square footage)Buyer's Original 90LTV Loan: $432k ($480k w/ $48k down)Buyer's "Final" Loan Application: ????

I am not confident that I would be able to cash-out refi in 2-5 years given the rising interest rate.Questions:What should be the right strategies for long-term planning?

But this is without discounting or accounting for inflation.