From a supply perspective there are significant developments that are in construction which is expected to bring more supply to the Miami condo market. - These factors affect the high-end market more than the low end.Micro/local perspective.

What if you use the card to buy supplies for 123 main-street but you really wanted to buy the supplies for 234 main-street?

but then again Santa Clara county does not have lehigh  acres and coral gables with 200k plus vacant building lots etc etc.. its a supply demand situation.

In my properties without a full kitchen, I still supply a rice cooker, electric kettle, and hot plates because of the lack of stove. 5) A set of house rules is a must.

Supply and demand I knew it would be a good time to buy.Tons of people tried talking me out of it but I still bought my first home at 21 for 186k.

Basically people are saying if they can find a home in this area for a price they are willing to pay they will do it.  20 years ago thats not the case.Its people like's my Wife's co-workers who commuted from Macomb Twp or South Lyon in Apartments or Condos, deciding that one hour commutes isn't worth it anymore, and looking for apts/condos next to the DMC.The catch will be convincing these same people that they will stay when they decide they want a house and a yard.I believe the towns who will be hurt by Detroit's improvements will be Sterling Heights, many places in Macomb County in general, until you cross 16 mile except Warren, Warren will improve as Detroit improves, because the auto industry will be doing well, up and down the supply chain.

I have a 7 year fixed rate commercial loan, 25 year amortization, with no balloon (converts to a variable rate after 7 years).

While it could use a little more polish (small things, like maybe interior paint), it has some major features that those don't have - brick and stone exterior, great fireplaces, etc.The question is, how variable are appraisals?

Supply & demand.

Look at external metrics like stock market, interest rates, supply and demand of homes, I'm basically looking to avoid the crash as in 2008.