Wow, i always shocked by those prices.

I was shocked. 

Take a look at this map showing home price appreciation in 2023: even for me, it is shocking how Wisconsin stands out, almost solitary with NE.

I also talked to an investor I know and got some great feedback on the long term value of holding the MTR, versus selling it based on emotion and the sticker shock of a leak repair.

I do think anyone would say they were shocked rates went up 300 basis points so fast.My clients when we were buying NNN and rates in 3's was only 15 basis points difference between 5 year fixed and 10 and I mentioned to them 10 is worth it because you often have full cycle low fixed rate for paydown and more options to exit and trade up than 3 to 5 years fixed debt.

When any little hiccup comes along that most of us did not financially prepare for we Demand the GuvMint do something, like my stock portfolio dropped 25% today in 10/87, so drop interest rate to Zero, thanks Maestro Greenspan, or again in 3/2000 when Yahoo.com didn't somehow grow into its projected 30 trillion dollar market cap based on its PE of 700, drop rates to Zero and keep 'em there for 22 years except for brief interludes of sanity (inflation got above 2%), or in 2008 when no one with a pension fund in America took any damn responsibility/oversight and gave their retirement funds to crooks to buy whatever ratings agency rubber stamped dogshit inverse synthetic CDO they could get a commission on, then were shocked, laying on their fainting couch clutching their pearls when the financial system reliably imploded, so drop rates to Zero again and start Monetizing/printing the debt, and now with the most predicted pandemic in history, Americans hadn't saved a damn cent so we cried to the GuvMint, send us 7 Trillion dollars now, I need a new Lambo!

Admittedly, finding direct comparables has been challenging due to the unique nature of our family's home, but these figures give us a good starting point.I've taken the proactive step of having a property manager conduct an inspection, and preliminary feedback suggests that the renovations required might be relatively minor, pending the final review from the contractor.

The first few months of new ownership can cause a bit of sticker shock while the bumps flatten out.Hope some of this helps!

Dec. 1 would be our 90 day mark that they estimate the house will be filled up, but I'd be shocked if that actually happens. 

So its just a shock to folks that simply never heard of it and the fear of it has them refusing to sign.