Not quite sure how to deal with it because its description of the current Phoenix market bears little comparison with the real world.Some quotes are:Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing pricesfour US cities will suffer the most catastrophic dips, drawing comparisons to the 2008 housing crashPhoenix Arizona will likely see noticeable increase before drastic decreases of more than 25%My comments are:We saw skyrocketing interest rates in 2Q and 4Q of last year.

If they are unable to help me with this option, then I need to keep searching for one who has such experience.With the Federal trying to stop the inflation, homeowners might be worried about selling their houses due to a decrease in the number of home buyers in the winter market and decreasing property values in the next few months. 

I would highly advise against flipping rn unless you can find some amazing deal that factors in price decrease’s.

The issues where we have to decrease the LTV is when the property forms debt cover, lower than expected FICO, rates increase while the loan was floating or unforeseen issues that came up in title search.

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).