However, they could do a composite return at the state level but not the fed? 

There is ZERO correlation between foreclosures, absentee owners, tired landlords, boarded up windows, tall grass... and "motivated sellers".

Fannie/Freddie Lenders watch the 10-year Treasury...which yesterday hit its highest mark in more than a decade, but the Federal Reserve has jacked up the Fed Funds rate in the past few months faster than banks "stress test" for.

it is very natural that the areas fed by these migrants would reflect demographically similar levels of affluence including home prices.Sarasota is an outlier due to it's unique origins and Naples is a really interesting study if anyone's interested. 

But driving down to the next block, I saw blighted homes in rows, abandoned lots with weeds and tall grass, and I got a very depressing feeling from the area. 

I see storm clouds on the horizon from the Fed and I cannot see how these rates can stay this low in the long term. 

Louis fed.

They have been outlawed by the Fed, and 15 or more states have additional restrictions for other lighting. https://insights.regencysupply...

I really think Texas makes a lot of sense for those that live there and can offset these sky high prop tax's with no income tax.. but to live in CA or OR with some of the highest state income taxs then invest in a state with some of highest prop taxs can lead to property that will need to be fed and watered every month. 

Today's rates are inflated (by the Fed's design) to slow down the economy.