I agree on those who think their is going to be a huge drop in price....they've forgotten about the $3 trillion printed 5 years ago. I don't think folks realize how much that is!
Also...it is a pretty tough market right now to find good ground. Or, even ground. Good pcs still go quickly.
ARM's in 2021 were getting down to 2.6% and investors used these rates. For the "everyday" buyer, they did use 15, 20, and 30 year fixed....But RE investors a lot of times will not used fixed. Look in areas where vacation homes were purchased in 2020-2022...A LOT is starting to hit the market.
I'm curious on the rec / combo over the next 12 months. Just my observations...folks who picked up vacation homes and STR's a few years ago are now having the ARM's come due. I would imagine this may be the same for rec land. I think this direction of interest rates are going to dictate a lot...
Wow...this is interesting. Yes, same here in SWMO. Here over the past week I wonder if they've moved this direction due to Helene?
Cattle are also covered in them.
@deep woods goat hunter was recently on The Land Podcast with Jake...some great insights from a lender perspective as well.
Correct me if I am wrong @deep woods goat hunter , but it sounds like you've stayed busy / steady through all of this. However, single family residences there has been a...
I make no bones about it...I have not been a fan of Trump on the personality level. I was hoping for more with Desantis, but his team ran a terrible campaign and I don't think he was ready. One big concern I also have with Trump, is the rigged system against him. The fact is, there is only a...
My anecdotal evidence would be a bit different. Here in Missouri, x-bows were legalized for everyone a couple of years ago. Years Past the introduction of cell cams by around 7 years or so. I haven't seen a difference in quality on the before / after x-bow inclusion. Cell cams, there seemed...
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