That would grind investment activity to a halt, which equals very bad news for national savings and GDP growth.

The Lender I'm working with on another property (next door) told me she couldn't even get pricing on Friday and Monday due to this news, their system locked them out.

I do think that the problem will become worse here as in other major cities on the west coast, and I don't really know what the best solution for that is; in my experience people just get used to it in those cities (that's why you have areas people know to avoid in those cities, like the Tenderloin in SF and Skid Row in LA).Sorry I don't have better news for you; I've seen Portland evolve a lot (Portland native, born and raised), I see a decline in quality of life in Portland, but not the real estate market.

(End; Source: https://www.ktnv.com/news/inve...)So-o-o, it's your turn.

Hi everyone, I was just speaking to a mortgage broker and he revealed some chilling news that was released on March 10 by Fannie Mae (Google Lender Letter LL-2021-08.)

Think sports and what not on the local channels - access to local news and weather etc.  

Lennar getting into renting their own new houses.https://www.prnewswire.com/news-releases/lennar-announces-4-billion-single-family-rental-platform-with-centerbridge-partners-as-lead-investor-301249490.htmlIs this an untapped market?

I contacted the broker this week and asked if this news would affect me, and he said, "Yes it will, currently, 2nd homes are pricing between 3.25% and 3.5% due to rising rates and news from Fannie."

I personally think we're slowly heading in this direction with the softer monetary policy and home building headwinds on the horizon.Links: Bloomberg: https://www.bloomberg.com/news... ,  CA affordability (46% $$ spent on housing) https://www.lorettaphinney.com..., US(37% spent) https://www.businessinsider.co...

The good news is you don't do the double close.