Buyers see all this money to be made by raising the rents and they have been willing to pay more for similar properties, which depresses cap rates, and increases the sales prices.

The home prices have been depressed but have recently turned around.

And the only thing that sometimes hurt me in D. was that he is soooooooooo honest and he wouldn't do anything which doesn't comply to his moral values, His honor is just huge, and I certainly respect it a lot.I live in so called "depressed" area in CA, and I had cash on top of everything else (credit score, job, etc.) and I had NIGHTMARES for a year I was going through the real estate process that D. could leave me and I'd have to again deal with slow, lazy and unprofessional real estate agents.K. is D.'

Investing and business can be down right depressing.  

Your potential upside is far lower in a more depressed area, compared to nicer or up-and-coming neighborhoods.

@Natalie Kolodij My agent in Cleveland works with a few local lenders who have really flexible terms due to the nature of the depressed housing market.

I was a newbie and It was depressing especially since you didn't know how much lower it would go.

ONE, I can find ONE event and one only over my entire lifetime that actually did smack the R.E. market down and that took the largest financial event in world history since the Great Depression to do it. 

If rates shoot up quickly, short term RE values will most likely get depressed.  

I'm of the mindset of just pausing for a bit.. some random thoughts:cv could be a blip or start to longer great depression. $15 minimum wage comingstate of IL would really like hyper inflation (can't afford state pensions).