Despite this, the interest remains high.Inventory Levels: Active inventory saw a substantial rise of 45.5% to 9,230 units, with the months’ supply of inventory surging by 69.4% to 8.3 months.

Patience and precision in your pricing strategy will pay off.Active inventory has increased by a substantial 37.75%, providing more choices for buyers.

Whether you’re looking at single-family homes or condos, the potential for return on investment is substantial.

Most carriers prefer to cut as few checks as possible during the process.Also keep in mind that the claims process can also be delayed significantly when the claim is larger (damage is more substantial). 

.### Annualized ROI (CAGR)To calculate the Compound Annual Growth Rate (CAGR) for the 5-year period:\[ CAGR = \left(\frac{Final\ Value}{Initial\ Value}\right)^{\frac{1}{Number\ of\ Years}} - 1 \]\[ CAGR = \left(\frac{385501.88}{235000}\right)^{\frac{1}{5}} - 1 \]Let's calculate this CAGR:\[ CAGR = \left(\frac{385501.88}{235000}\right)^{0.2} - 1 \]\[ CAGR \approx 1.1054 - 1 \]\[ CAGR \approx 0.1054 \text{ or } 10.54\% \]This 10.54% annualized return is substantially higher than the 3.03% from the 30-year term scenario.

If the alternative is wait 5 years for a down payment on something you don’t live in, you stand to likely gain substantially by moving on this decision now and collecting rent, principal pay down, appreciation, and tax benefits in those 5 years.  

This demand for affordable housing can be seen in the significant search for affordable housing.Demand for smaller housing:Zip Code 28303: 2-bedroom residences have experienced a substantial 28.6% year-over-year price surge.

Properly executed, an investment in these types of property can garner substantial passive losses, often equal to the amount of capital invested (or more) even in years where the benefit begins to sunset.A few words of caution: - Be careful not to let the "tax tail" wag the dog.

@Eric P.To add to the good answers from Avery, Lucas, and the others...The market has seen SUBSTANTIAL appreciation and many non-investors are also now looking to take that $$ and run.

Someone mentioned earlier that UDFI taxes were not substantial.