Real estate prices have softened and would create a loss of ~40K if we sold.

With a couple more years of elevated inflation the affordability issue will be softening too.What i am trying to understand are the reasons and the dynamic of what is happening there.

check out the agent and lender links on BP, they connect you with folks that can help.https://get.biggerpockets.com/agent-finder-bd/?

Dm me, I have a few agents I can refer you to.

With rising costs like HOA fees, insurance, and property taxes, it’s tempting to push rents higher—but that strategy often backfires  (and IS backfiring), especially in today’s market.Why Overpricing Hurts More Than It HelpsRents have softened, and supply is increasing.

Similar properties with both sides rented have sold in the past three months for about $500K, but I think the local market has probably softened somewhat.

It doesn't matter what the fees are if you aren't selling anything.Most agents think they need to "build a network" and that will bring clients.

If rates go up, affordability decreases, which could soften demand and slow price growth—but not necessarily cause a crash.Supply Chain & Construction Costs – If tariffs drive up material costs, new construction could slow down, keeping existing home prices more stable than expected.

Replaced the water softener.

If we were to sell now, however, we would lose ~35k on the sale since the market has softened in N.