@David FunkHi David,So as you mentioned BRRR, I presume you are looking for an appraiser with regards to refinancing a property... but as I understand it, lenders have to assign the appraiser so that it is independent of the borrower (this after a lot of mortgage fraud back in the 2008 era housing collapse.)

When inflation slows without collapsing the economy, it supports lower interest rates — which directly impacts mortgage affordability and buyer confidence.📉 Job Market Data Confirms Labor SoftnessDelayed employment reports showed a choppy labor picture:October payrolls fell by 105,000November rebounded with 64,000 jobs added, slightly better than forecastsRevisions shaved 33,000 jobs off prior monthsThe unemployment rate climbed to 4.6%, its highest level since 2021.

While it is said half jokingly, it reflects a very real frustration with how much power these associations have over private property.Between rising insurance costs, constant special assessments, deferred maintenance, financing restrictions, and governance issues, HOAs are one of the main reasons behind the current condo price collapse in South Florida.

Many displaced workers are opting for contract or gig-based income instead of filing for unemployment, especially when benefits don’t fully cover housing and living costs.At the same time, elevated continuing claims suggest slower hiring, meaning people who lose jobs are taking longer to find new ones.Bottom line for housing: A job market that isn’t collapsing — but is clearly cooling — supports the case for lower or steadier mortgage rates.

@Marc Shin apparently it is if you're from Cleveland...lol...I'm usually pretty hard on the city because we live in data...and Cleveland has the exact same profile as Detroit pre-collapse...this isn't an opinion its a fact...that's not a good thing...I think the question is whether you are comfortable with the assumption of risk.

That’s not a collapse, that’s normalization after years of emotional pricing and cheap money.

I didn’t leave enough of a safety buffer, and shortly after, I had a chimney collapse on a 3.5 story tall building that damaged the roof and even went through a neighbor’s window.

Hiring hasn’t collapsed—but it has stalled.

They were running thousands of units, and landlords got left holding the bag when the company collapsed.

Governor Beshear said more clarity should come early next week and expressed confidence that Ford will keep activity in at least one of the two Kentucky buildings, even if timelines or use cases shift.Reading between the lines, this feels less like a collapse and more like a strategic unwind.