Essentially, youhave a prepay and it declines as your term passes but it is also linked to bond prices.

We prepped for a decline, and the opposite is happening, a sharp increase in tenant searches and applications, and with that it's all a rising tide. 

I totally see the problem with cash out because the lenders are afraid of future declining values and so they don't want upside down mortgage in case the value plummets due to financial crisis.

And I do see quality of guests decline when filling vacancy gaps with lower pricing.

I would like to pose the question from a different angle: What are the numerous factors that can lead to an overall decline in real estate market?

When you look to see if the population is growing or declining, do you look at news articles for that as well?

If we're about to turn the tide, do you continue seeking deals or hold off while the market plays out knowing property values could decline?

Normally our tenants will pay the application fee and a small refundable deposit; about $50 when they apply that is refunded if they are approved and decline the apartment.

👉We expect declining vacancy rates over the next 12 months, which will lead to solid rent growth.

Yeah - we offered the cash for keys but they declined.