That on national level there would be a consolidating event of median price step back "AS much as" 15%, although 7-8% would be far more the norm, AND some SPECIFIC markets would have DEVIATIONS from the national average in BOTH the negative and positive up to 30%.

Is it better to look for a local lender in the area I want to buy as they may know that area inside and out, or is it best to look for a national lender (Wells Fargo) to help with financing.

Even if your area was double or triple the national norm, the majority of people are non-smoking.

Also, Charlotte is the 16th biggest city in the nation with population growing like crazy.

Hi Friends, I am super new in Real Estate but currently mid-way through Temple University's Real Estate Institute to obtain a sales license.

They are the only National REIA in the area and I am a member there as well. 

To all the negative Nancy's out there - I've tasted the sauce and there's a good reason why @Jay H. isn't just pouring it out there for all of the BP Nation to sample. 

If your current portfolio isn't providing that I hope it's an institutional, brand new, class A piece of real estate with Google in it signed for 50 years (or your debt is out of wack).  

I believe they will be more appealing now as more start to see the advantages of Ferry service and WFH.In NYC, large institutions had already begun decreasing their footprint.

I have spoken with other national lenders as well that do 10% down, some charge a higher interest though but if the numbers still work and it can make the deal happen it is worth it.I always try to find the lowest down payment option, as long as it still cash flows, so there is more cash for other deals.