A number of people seem to assume that we are heading for a recession and that home prices will fall. The 1st assumption is quite reasonable. The 2nd assumption is based on fear and has little analytical data to back ...

That's excellent to see folks are out looking for homes, Russell mentioned above the DC Market is exasperated.

@Keenan Rusk Having a long term outlook is smart but any strategy heavily dependent on hard money, raising ARVs or requiring some sort of refinance right now should definitely be scrutinized. 

@Jonathan R McLaughlin I have a fairly bullish outlook that this will be short lived, and as has been proven over and over, most consumer's memories are short.I do think a lot of Airbnb hosts will sell/convert to long term, especially when Airbnb forced all hosts to issue full refunds, regardless of refund policy outlined by host.  

I'm quoting this just to show how much our understanding and outlook has changed in a week.

I'd also like to ask the question, how many people do you think are out looking for a place right now? 

You really need to look at the microecomic outlook of your market. 

Mortgage Update: Outlook is not good.

Mortgage Update: Outlook is not good.The economy continues to shudder to a halt.

Mortgage Update: Outlook is not good.The economy continues to shudder to a halt.