Amazing. http://www.nytimes.com/2014/12/04/style/the-brookl...http://www.wsj.com/articles/brooklyn-the-brand-141...http://tmagazine.blogs.nytimes.com/2013/03/17/broo...

I've noticed something of a disturbing trend on this forum.  

I believe this trend will continue.

I know every style, floor plan and option that was offered in these homes. 

I want to avoid to step in a "trap" and buy a deal that looks good on the first glance but on the second glance it's in an area where prices / rents don't develop or that is in general on a downward trend. 

The trend here in this thread says pay down debt.

And that trend ought to continue through the summer as lenders expedite the foreclosure process.

Other considerations may be energy efficiency, age, style of the home, functionality, condition, marketability and useful economic life of the entire property.

If 14 4/2 ranch style houses have sold in the last 6 months for $140-$150k, your chances of getting one for $115 is pretty low unless there is something wrong with it.  

Does anyone out there have feedback on current rental pricing trends and days on the market vs. say a year ago for cities that have a high concentration of absentee owners and/or cash buyers in locations that are NOT second home hot spots (Memphis, Birmingham, Richmond, VA come to mind)?