Rental House Prices Creeping Upwards?

[Vincent D.]

My BLC search parameters for properties in my target investing area has been static for the past three years, whereby I'd seen a steady stream of revolving inventory in my wheelhouse. However, over the past several months there have simply been fewer and fewer new listings at my preferred ask price point.

Less REO inventory, increasing investor and OO demand, or both? If this is a trend, is it sustainable?

I'd like to know if others are having a similar experience. I'm in Indianapolis, IN. What are other markets like?

[b]Should I raise my max offer baseline in my BLC search criteria as an adjustment to a new level of market prices?

Thanks for the feedback!

Vince