Currently Indiana is experiencing exponential growth and we do not have enough inventory to keep up with the demand.

Most of our current inventory qualifies for a 4.25 to 4.75% intrest rate and can acquired with as little as 5% down.  

The lack of inventory has been the major factor in prices being driven up, both by sellers and by demand.

Places would no longer appraise.People cannot sell their homes easily either as there has been a flood of inventory, seller expectations are still yesterday’s prices and days on market are through the roof.I personally know a number of people that have went bankrupt, lost properties and a ton of people that have lost money in the six or seven figures.People that purchased new construction years ago are not able to close on their purchase as they are now worth much less and can’t afford the payments.

@Liam Talukdar, Inventory is a snapshot in time repeated almost daily isn't it?  

Milwaukee with average home price of $200k, negative growth of new home supply and inventory of 1 month supply just means ----> going up and up.

Hi guys, I am self employed with no proof of W2s, i make a living buying cars at dealer auctions and leaving them on a local used car lot on consignment, I have $30k liquid and around $90k tied up in my current vehicles, usually my  vehicle inventory is sub 11, I want to get into the real estate game but in my situation im guessing its hard to get a good deal in getting a loan, I am single, no debt or responsibilities , ideally i would like to start with a single family home but in the current market so high i would even consider condos/town homes.

Is this just a function of low inventory, high interest rates, and high taxes? 

My expectation is that rents will be flat this year for the most part, and then pick up steam over the next 2-5 years once we get the apartment inventory cleared out. 

In this market with little to no inventory, I don't see how they could be of any use unless they had access to inventory that a new investor does not.