These are critical, the people that do not do this have a decreased rate of getting the client and will look unprofessional.

Rates make it difficult to cashflow, and appraisal values in many markets have been decreasing, making it very hard to incorporate this strategy.

So as you can see the profit margin has decreased.

- Some markets have seen home prices decrease from their 2022 peak (like Austin, TX).

Whether you're an investor, homeowner, or just curious about the market, here’s a snapshot of what’s happening, based on the real-time data provided, along with some thoughts to spark discussion.Key Market StatsMedian List Price: $625,000Median Price of New Listings: $685,000Price Per Square Foot: $345Average Days on Market: 116 daysMedian Days on Market: 63 daysPrice Decreased: 47% of listingsPrice Increased: 4% of listingsRelisted: 17% of listingsInventory: 151 homesMedian Rent: $4,000Market Action Index: 33 (Slight Seller’s Advantage)What’s Happening in Cathedral City?

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

Until we get through some of this inventory, I'm foreseeing that we're going to be decreasing in both rental prices and single family home sales until about the end of the year," he explained.It's not good news for sellers.

Income Levels: Will your AGI decrease in future years below the $150,000 threshold?

And as the post above mentions...rates are decreasing.