The risk I see with this is if we see a further decline in new listing prices and rates have still not come down, we will be holding a big bag that is burning a hole in our pockets quickly and no cash flow to cover any expenses.

Got approved by RCO and had a recommendation letter but ZBA declined and didn’t approve.

You watched the Domestic Automobiles decline for the next 10 years, but you closed your eyes to the fact that Detroit was 90% dependent on Auto.How could you say that it was unpredictable?!

I would like to use something that can visually show me the peek, the tipping point, the decline, the bottom and then the climb back up...This would help my overall confidence in making a first purchase.Again, thank you for taking the time to read this post.

@Michael Lopez A lot of $$$ were spent to attorneys to have these drawn up and they are proprietary to my company so I will politely decline.

When interest rates decline, buyers who have been waiting to buy a home for years will enter the market and the increasing demand will dramatically increase prices.

I will not talk about tenants in this article.Rapidly Rising RentsIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When there are more buyers than sellers, prices increase until there is a rough balance between the number of buyers and sellers.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.The level of demand is determined by population growth.

I was hopeful that the buyer with the stronger credit would've been approved for the W2 only mortgage, but the underwriter declined.

I was looking at population trends and it looks like Dayton had been in steep decline but was starting to level off and possibly grow again (maybe due to revitalization attempts) while Columbus looks to have a steady 1-1.5% growth rate.

If you make an new offer, they decline, and you back out you could lose your deposit.