Whether you consider that good or bad depends on whether you are a buyer or seller. 

There are many great advantages to being a buyer or seller. 

@Sara Donohue I don't recommend buying land if there's not an actionable plan whereby the buyer can build.

However, even if we see lower mortgage rates in 2025, as this WSJ article points out, falling interest rates won’t solve all the problems faced by many buyers in current market conditions.What if I’m a buyer?

We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.

Personally I’d stick with SFR or at 4 units or less for preferred financing and to reduce risk of the exchange failing.

If it's there, then the buyer should have noticed that.

All important factors to consider- population growth or decline, job growth or decline, inventory rate and movement- is is a seller's market getting stronger or softer or a buyer's market getting stronger or softer?

The merchant also failed to provide proof that the cancellation policy was properly disclosed to the cardholder."

This is one of the main reasons that HUD deals fail to close.