😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....

@Melissa Conner - I'd love to reconnect.  

Cashflow and the ability to use the property.

Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?

Would need to know a bit more before giving a specific direction but it is usually best to hang on to your property and not sell whether you expand on it or rent it out and purchase a bigger property.  

If they don't agree, then you'll have to wait until the current lease expires and then move them to your new lease.Read the existing lease closely.

I've had a hard time coming to that realization, it's a home with sentimental value that we figured we'd keep forever to give to our kids, but that's the parent in me.

I wanted to briefly re-introduce myself (I’m committing to get more active in BP again!) 

Census Bureau data to measure changes in remote work across 109 metro areas between 2014 and 2023.

Would love to hear your plans.