Toledo’s median home list price of $200,000 is less than half the national average while price volatility has been muted compared to the wild fluctuations in much of the country.

@Brett Skyllingstad That can very wildly.

*This was a personal attack, totally uncalled for, based on wildly inaccurate assumptions.

While obviously, tax assessments and home appraisals are two different things, they aren’t supposed to be wildly divergent, right?

(I was still inches away - you could see the electrical current - wild!)  

I am trying to rent out my condo. Zillow gives a monthly rent estimate of $2,200. Rentometer estimates an average of $3,500 and a range of $3,000-$4,000. Apartments.com estimates $3,500. BiggerPockets estimates $2,500...

sometimes, for some of us that has "wild speculator instinct" and good future projection, best business is always what business that we purchased when we got certain discount in relative to valuation.For example.In 2009-2012 this is our best party to purchase residential real estate as asset price is falling.In 2000-2005 was the best time to purchase commodities company/assetIn 2023-2025 could be the best time to purchase hotel or office as asset valuation went down 70-90%. 

It's been a wild ride!

.  :-)But if you aren't careful and you are overly leveraged (especially if you are using cash out refi's every couple years to use as the down payment on another property), it is easy to see that net worth destroyed by the sometimes wildly fluctuating local real estate market.  

The Grand Rapids wholesale market is a wild wild west when it comes to property condition and deals.