Doesn't that indicate a pretty healthy retail market?

But I'm a listing Broker and I am Chasing Listings-absorption rate will tell you if the "market" is healthy (6 mo's inventory). the idea of a health market is that if no other homes come to market, all the homes will sell, and there wont be any left in 6 months.to calculate absorption rate take the # of sales in the past 6 months, Divide by 6 = Average sales per month/ average monthly sale (AMS)then Divide the AMS by # of Active homes on the Market = absorption rate.OR take # active homes / AMS = Months of inventoryHope that is Helpful. or at least interesting-

HAve a healthy and prosperous 2023

I offered $20,000 more than the next best offer, additionally helped them negotiate down a $20,000 lien to $6,000, and still made a healthy profit. 

Besides the excitement about affordable property values and some young people taking advantage of this affordability, what are the real driving factors that will carry these markets forward and ultimately transform them into healthy, sustainable areas?

Inflation normally accompanied a healthy economy with low unemployment.

Our 4month old baby also has food protein allergies and requires an expensive diet.

Obviously, this is just my own analysis but the new administration anticipation is the flavor of the year.I'm still yet to be fully sold that we're healthy as a country and that 100% of what we're being told will happen-- I'm betting less than 50%.

I think if you'll run the numbers and do some research you find these markets to be a healthy alternative to other markets for buy and hold real estate.I can't imagine being invested in real estate and only getting a 10% return either.

They're now performing nicely and my CoC is good - but I'm starting to wonder if I might not be better off just selling them at a healthy cap rate to some else who wants solid turnkeys, so that I can turn around and do it again.