As the economy recovers and the real estate markets rebound, lending will loosen and lenders will likely require less.

It is notable how the population increased 2007-2010 as the employment rate began to climb only to drop in 2011 and then start to slowly rebound in connection with a sustained reduction in unemployment.Economic GrowthPage 17 - Oddly, the report makes no attempt to discuss or forecast economic growth in Gastonia, rather they discuss economic growth in NC more generally.  

Housing prices only started rebounding again in 1986 when interest rates finally fell to 10%. 

Luxury segment will depend on whether and when the stock market rebounds.  

Then a rebound afterwards.

Demand for real estate is being artificially destroyed and I can find no reason it will not rebound once the Fed's goal has been accomplished and or we are in a recession, particularly because rents have outpaced home price appreciation and wages are rising.Key point regarding recessions... real estate prices have gone up in the majority of them. 

I know the market will eventually rebound, but its concerning that its entirely out of my control.

So many of us are doing it, that the area is rebounding fantastic!

We've seen about a 30% drop in income this year vs last year, somewhat due to the rebound into hotels and international travel after Covid, but some likely representing the results of everyone and their brother and their uncle Bob starting new vacay rentals in Asheville.

If you purchase a house that has enough cash flow to meet your investment return requirements then your best option would be to hold onto the property and wait it out until prices rebound.