In Utah, we are definitely seeing a buyer panic and some irrational purchases for fear of missing opportunities.  

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There was fear over the legitimacy of this for some years. 

In the end, it didn't cost you that much, and now you have the freedom to do whatever you want with the property without fear of issues as a result of not having the permit.

My biggest fear is to say to a potential seller that I’ll close but then not be able to because it isn’t a deal.

In our resort the resort owns the golf cart company so you can read through the lines there Ugh the problem is everyone else at this price point includes it and I fear that not having it will affect bookings

It seems to be linked to the higher sea temperatures so I fear it can only get worse.

I’m new to investing and have a flip with a big loss under my belt and am very fearful to pull the trigger again, but know that real estate is the way to freedom.

Many people are in low rate, fixed loans so they don't have a fear that their mortgage will adjust to where they can't pay their mortgage any more.  

Saw something here on BP as well: Ep. 293 Are You a Fearful or Faithful “What If” Person?