We're seeing a new trend on the U.S. Housing Market. Investors selling at losses. In this case, the investor bought for $377,000 at the peak in 2022. It looks like they rented it out for a couple years around $2,100/month. Fast forward to 2026, they're listing at a $32,000 loss to their original purhcase ($345k). And accounting for realtor fees and closing costs, this loss could be closer to $50,000. The reason this is happening is because the economics of owning single-family rentals no longer make sense, especially in Sun Belt markets like Nashville. Rent growth is flat, operating costs are rising, and treasury yields are higher than cap rates. Which is causing investors to not only stop buying, but to also start selling (at losses). I ran the math here and to get a 5% unlevered cap rate on this rental, you'd need to offer $275k. Indicating more downside could be coming. Analyze listings now at: