Housing Demolition Timer Removed After Patch

[worldofneil]

I went to bed with a 13 hour timer left on a demolished property

That timer is the devaluation timer, as in when the price will next be lowered.

It's impossible to see the actual timer on when a plot can be purchased, but threads on reddit suggest it's a random time between 30 minutes and 23 hours.

If you want a specific house, you need to buy ANY house first, then relocate to the house of your choice. Relocating bypasses the timer.