Both remain below the 6.5 months that the Texas A&M Real Estate Center considers a balanced market, but the upward trend continues to move the region closer to equilibrium.Homes spent a similar amount of time on the market compared with last year, with Austin averaging 71 days (down 2 days year over year) and the metro averaging 76 days (up 4 days).

Can you use that 105K and invest in another deal to beat the $1,085 you pay for the mortgage?

Hi @Linda Cunliffe, If you sell to a relative below market, the IRS treats the discount as a gift, not a deductible loss.

And sold a rental for $300,000 after paying $89,000 for it 21 years ago. 

It's all market dependent, some aren't seeing any change while some (like us in Austin) have been in a declining market for a while.

But across much of the South and West, homes are sitting 90–110 days on market.  

If you live in the Indy MSA and want to househack, do you need to do any market research?

What’s happening in your local market right now?

I'm a single family home flipper who has moved into the Kansas City multifamily market.

Quote from @Eric Ray: I am interested in wholesaling commercial or multifamily in the Kansas City market.