This increase is due to a mix of legal work that has been done since the holidays and bigger economic reasons like rising interest rates and inflation. marking a cautious and important time for the market. 

Basic economics, increase demand without similar increase in supply will raise prices.There is a growing strong latent demand, people are delaying household formation or doubling up with other families right now.If rates stay the same, the growing latent demand will begin to force its way into the market as people capitulate and decide they simply have to have a place of their own.In areas with consistent population increases and current housing shortages, stable rates will lead to strong appreciation of existing housing values and increased median home prices.

Kentucky looks like a great market to invest.But i dont see a lot of economic growth there. 

I’ve been thru several economic cycles and have successfully invested thru it all over 4 decades. 

From an economic standpoint, inflation is up again which has again lead to another spike in mortgage rates which is good for nobody.

The NOI / Cap scenario has been around for decades during turbulent and plentiful economic cycles. 

Residential and commercial sectors remain strong and well above our 10-year averages,” said Shane Davis, the City’s Director of Urban and Economic Development.

That's because cashflow is what can help you scale when you are starting out, and it's also what saves your butt during tough economic times. 

Your property manager and agent are a good first start but he/she has an economic incentive. 

This might entail improving the apartments to support a higher rent or finding methods to increase their worth.Think about if renting out your homes yourself is the most economical choice.