The equity in those doesn't mean much unless it's in your pocket OR if the market rents are slated to continue to increase; which sadly for the bigger part of 2023 rents have been flat or decreasing. 

There is still a lot of demand for deals since the inventory is very limited, but the number of buyers has certainly decreased.

At the end of 2022, price decreases wiped out most gains.

And a notion of any note worth fed rate decreases any time soon are a mirage.

Treasuries and HYSA are paying well now, but if and when the FED starts reducing rates this will decrease the yield on those investments while simultaneously increasing property values (low rates = increased demand = increased prices). 

That way you can purchase a 5+ unit below market value that needs improvements and you can apply the knowledge and experience from flipping and can see very strong returns by making improvements to commercial property and increasing rents and decreasing costs as commercial properties are valued by their Net Operating Income.

When the population is not growing or decreasing, there are more sellers than buyers, so prices stay the same or go down.

Market value has decreased to 327,000.

I also suspect a more crowded market decreases booking because of the listings the traveler has to sift through if they want to do a booking request. 

Closed deals in April - $51mAs you can see, quite a drop off as broker's hold back listings and wait for prices to readjust.FUTURE PRICING EXPECTATIONS* Northmarq survey of MH owners: 47% stated between a 10-25% decrease in pricing.