With the theft of buyers from future periods and the fact distressed properties continue to be a problem, your left with a higher supply which means prices will fall.So when you factor in all the above, the results are that pricing from the previous periods have to catch up with the supply-demand curve which it eventually will.

Since we can probably benefit from having a larger money supply, right?

Especially galvanized supply pipe and lead drain pipe.

Someone's opinion of the ARV may be subjective, but the ARV (given a small range of error) is set by supply and demand.Good investors know what the ARV of their investments are...banks and listing agents rarely know, because they rarely care......if you think that there are no investors consulting with the banks for investor insight, think again.

there are only 24 hours in a day --first you need a well thought out Business Plan -- supply and demand as well as appreciation study for new area-- if homes are selling cheap and rent is high --may not be long before you have competition --Several ways-- Have an LLC and go Private Placement offering--to rasie $1.0 million --and buy 10 to 20 houses in one year---or even six months --if you are aggressive and have foreclosures or fixer uppers available in area- 25K per building ( hosue) - may not be enough and too much paperwork -- too slow process-You need to decide how much your time is worth -what can you make as salary -full time -minimum $80,000 per year - subtract all expenses --car -mileage , meals etc --then project profit and offer 50 % of profit -- alsoneed to consider income taxes --deprecition as well as capital gaines tax--need to run projections over five years -- how many houses will you buy and how long will you keep ?

GIMP and Irfanview are two free tools that supply some of the PhotoShop functionality...

well yes I lack the funds to supply 5 mortgages, the downpayments and such are huge, finding foreclosed properties reo, are very cheap..

I have had appriasals with as many as 8 comps to justify a higher value.It's always better to address changes with the appraiser and as Jason mentions, supply comps up front.

This can present a conflict, but has nothing to do with what we're talking about here.Btw, most REOs are going to have an agent involved, and choosing not to purchase REOs with listing agents will severely limit the supply of inventory a typical investor will have access to.

For example, Silicon Valley (northern California) is bordered by water and mountains on all sides -- without completely redo'ing the highway infrastructure to accommodate long-distance commuting, there is just no room for market expansion.This means that the limited number of properties (supply) is pretty much fixed and as demand increases (there is still a lot of economic expansion in the area), the market values will increase.