Electric can also spike in the summer with A/C.

The only ones that seem to have spiked at one point, were the ones that people werent allowed to evict during the shutdown, but really most of those people were able to get help from Our Florida or other agencies to be able to stay.

We are trying to figure out if we should sell the property or dig our heels in and develop it into a Residential Care Facility for the Elderly (previous use of the building prior to us purchasing it) … any advice from experienced BP members is appreciated!

It sat for a year while we built a home in Georgia, so we wasted so much time and money dragging our heels on getting it going!

There has not been a corresponding spike in wages or a massive influx of new jobs. 

I do think the massive spikes in value have ended, but we're still severely low on inventory, which will drive a more than usual appreciate rate.

Jim KennedyYou're wrong, it is better to admit it as we all make mistakes instead of digging your heels in.

If the value spikes in an area and you want to sell, you can do it fairly easily and then reinvest your proceeds elsewhere.

We'd prefer to keep them, but the utility spike in Connecticut has been around 15%.

I have to be a realist and say that unprecedented spike in prices (obviously the orange line representing the D-CH MSA) is not sustainable.