Total urban water use decreased for nearly 20 years even while the actual number of residents has increased.

So the recent decrease in affordability is almost entirely due to rates.  

I have used 2% for when trying to calculate for good areas, and if it's newer or recent repairs obviously the maintenance and cap-ex I will decrease the percent also.

Mortgage rates slipping may reduce the urgency of buyers looking to buy before rates rise, perhaps slightly decreasing demand. 4.

***********************So, basically, your job is to get the appraiser to understand why the house was sold below market value when you purchased it, and “gently” remind them why it is now selling AT market value (mv).Best way to do that is to compare your purchase transaction with the mv definition and clearly explain why your purchase doesn’t meet that definition.Some Examples : 1) Borrower was atypically motivated to sell due to (fill in factors here. i.e. already purchased another home, moving out of state, inherited the house and wanted to quickly liquidate it, etc.)2) Maybe the house wasn’t offered on the “competitive and open market,” and sold off-market or with very low days on market, causing a decreased exposure to potential buyers.

This reduces the buying power of the equity because it decreases the relationship between the equity (what the property is actually costing you), and the PV (which is what you are actually buying). 

I'm seeing DOM go up, but individual sellers are still holding out for what they think they should get.I’ve been buying in the KC market and definitely seeing properties on the market longer and now seeing price decreases.

It will drive up the cost of goods and services, at the same time decreasing the tax base.

I assume this affects future cash flows generated, although bonus depreciation decreases 20% per year going forward.

He says he has no problem if he were to live in this building.My problem, if the population is decreasing steadily, it may become tough to find tenants and that could lead to decreasing rents and then loss of NOI.My agent is telling my own only course is to do inspection and if I do not like results, get out.