Currently at 4-5% over last year.Annualized sales continue to present a more nuanced story: 1-fam sales continue to decline with 2-4 fam properties continuing their uptrend.As a reminder, this is data collected directly from the Middlesex North Registry (meaning, not estimates) obtained through a subscription to Banker's and Tradesman...

I was horribly wrong on rates; I thought they would be in the mid-5s by now.So, for 2024 in my market, I think rates will decline to the mid-low 6s (I believe the 10-year declines to the low 4s, even high 3s with a recession; the spread declines to the low-mid 2s, and inflation gets below 2.5% by June, by way of lagged rent deflation finally showing up in CPI).

If they like the place they will stay, if they do not they will leave, term of lease is irrelevant so giving any tenant a discount is a joke, it's stupid and I would try not to laugh when I politely decline.

I outlined for them my game plan (2 properties per year for next 5 years as a minimum target, ideally 4-6 per year) and let them know that we will be submitting a LOT of offers (the vast majority of which will be declined). 

I would politely decline....thanks but no thanks.It is possible that they are really just caring and giving people and expect zero in return.....they do exist........ but are like unicorns :)A majority of people doing this have an angle working....... stocking up favors to cash them in later..... so, thanks but no thanks, I'm good.......

In reality, U6 unemployment is still above early 2000 levels and our labor participation rate has been steadily declining for over two decades and is now at lows not seen since the late 1970s!

Technically a recession is consecutive quarters of declining GDP growth.

Volumes are declining tho

But even if they did I would kindly decline. 

He was transferred and just can't stand around waiting, etc... one year after taking over the property, you find yourself slapped with an IRS lien, a divorce, and declining income... which causes you to miss a couple of payments on the loan.