Yeeeeeeha it's getting fresh up in here boi!

I also see a number of freshly painted patches, which concerns me about what they may be potentially trying to hide.

Investor Home Purchases Collapse Most On Recordhttps://www.zerohedge.com/mark...THURSDAY, JUN 01, 2023 - 05:00 PMResidential real estate brokerage firm Redfin released new data that revealed a record-breaking drop in homes purchased by investors in the first quarter.

This poll revealed that only 17% of Americans support abortions without restrictions or "fully legal abortions".

Does it smell April Fresh inside?

If you have ANY questions about the journey as rookie, reach out to me as it is still fresh in my mind! 

The real question is how much this would skew the plotted data.Currently, I do split the market into the avg high, mid, and low $/sf segments over time, you can see the high-end (renovated/new) product shifts with the most magnitude (across almost every market not just 91324), but this does not represent absorption like you desire, only $/sf:To research your hypothesis, I would have to:1) Select a year's worth of transactions (ideally across a 10k+ transaction/year market to be representative, say Los Angeles)2) Manually review every transaction's photos, marking them 'Renovated/New' if it is, to segment this transaction data from the rest of the transactions3) Calculate & plot absorption of the 'Renovated/New', and compare it to the absorption of the rest of the transactions4) When overlaid atop one another, their slopes would reveal the impact you mention in your hypothesis #1     -If you are right, we would see the cheap houses slope increase heavily Q1-Q4, with the expensive houses slope decreasing Q1-Q4, and vice-versa.I've run comps thousands of times when underwriting (looking for high-end renovated homes to use as comps) and I have yet to detect such a phenomenon.

So, they bought an OOS property (usually a freshly rehabbed A-grade house in a C or D area) because the house looked awesome in pictures, and the cashflow looked good on paper.

I do like to provide some extra items which guests appreciate immensely: my welcome basket has some instant oatmeal pouches, granola bars, microwave popcorn and a couple of little chocolates and some fresh fruit.

The Midwest is America's most climate resilient area: plenty of fresh water, no hurricanes, no fires, no floods, no triple digit summers.