Factors like:✅ Sellers holding tight to  low interest rates✅ Capital gains concerns✅ Multigenerational households✅ Rising construction costs✅ Inflation and interest rate pressures✅ Economic uncertainty…all limit inventory and make real estate increasingly valuable.My father and grandfather always said:“Buy land—they’re not making any more of it.”They weren’t exaggerating.Here’s the perspective that matters:🏢 Global Real Estate: $393.3 Trillion📈 Global Equities: $126 Trillion📄 Global Debt Securities: $144 Trillion🪙 All the Gold Ever Mined: $20.2 TrillionYes—you read that correctly.

Older properties that rent below the median rent level in a city are always going to very expensive to turn due the age of the property and the condition that the property is usually left in by that class of tenant. 

Very good guys right on target and so true.. the other one I encountered as a Broker was the Hubby who wanted to look at the property without the wife and tell you he makes all the decisions for the household..

Neighborhood & market-level data — Things like median rents, school districts, job growth, population trends, and recent sale prices within a one-mile radius.

During weaker job markets or economic downturns, the common trend is for households to downsize into more affordable rentals, not to leave the rental market entirely.

When I do this and only target zips where the median sale prices are below $250,000, then I am primarily targeting cooperative homeowners who are not being overly marketed to by other investors.

Prices stable: Raleigh median $446,500 (+0.3%); Wake County $465,000 (–2.1%).

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Inventory began rising in late December 2024 and continued through June, but has since leveled off.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents remained stable MoM and marginally up YoY.

The interesting bits to me is the -67% under contract and +11% avg sales price / +21% median sales price.

I will also caveat my response by saying I am a relatively conservative investor with strong household W2 income and a high savings rate.I would want to hold on to the current loan on the small house and not refinance it for two reasons.