If it is a good house you are proud of owning then just keep it.Real estate values have historically doubled every 15 years mostly due to inflation.

Hello Amby, the advantage of the scarce historical feature property is that it can bring long-term premium, it is recommended to reserve 25% renovation budget and check the local protection regulations.

Interest rate is highly variable and is based on downpayment, credit score, loan amount, loan type (FHA, Conv, Nonqm, etc), loan purchase (refi vs purchase), property type, property use (primary vs investment), the list goes on. 7.25% is very normal, both historically and with where the market is at right now.

I’m extremely grateful to have entered the real estate business when I did (2018).In just a few short years, I’ve witnessed more market shifts, challenges, and lessons than I ever expected:✅ Historic market boom✅ Historic rate hikes✅ Supply chain issues✅ Uncertainty✅ OpportunityIt’s been a front-row education that no book or podcast could have provided.Its exciting to realize that these moments are shaping the foundation for my career.I'm excited to see what will come from the lessons learned during these early years.

It all goes into the overall foreclosure bucket and that is still well below historic norms.I hope some of the STR inventory will come back, we sure need it to satisfy buyer demand!

Quote from @Jaime Zarate: I was just curious is there ever a right time to buy a house like a lot of people around me say wait till the market goes down cause it’s high but like it always seems like it’s gonna keep going up you know I know there’s sometimes the moments where it goes down a little bit, but it’s always gonna go up noYou can google historic home prices (for example case schiller index) if you want to know.

That entire 78741 zip code is good and has been in high demand historically due to its location. 

Just look at all of the distress that's being caused by debt maturing with historically low interst rates. 

Additionally, most credit analytics that spit out a risk rating that are based on historical data are backwards looking, meaning that for the statistical analysis to be accurate, the future would need to look like the past.

This caused a historically unique opportunity for investors - they could buy Class A properties and immediately cashflow when renting them out.This couldn't last forever, and it didn't, as excited new investors drove up prices.