In Pittsburgh we are seeing 4-7 offers on properties just because there is such a shortage in affordable housing nationwide. 

We've had no shortage of interest in renting our Washington Park property, though the person we selected ghosted us at the lease signing phase, so we've gone back to our waitlist. 

In fact, the market continued a blistering climb over 2019 stats.Median Price 🔺 14% to $415,000Months of Inventory 🔻 .5 months to 1.2 monthsDays on Market 🔻 13 daysWe may not see the full impact of coronavirus until this summer, but as long as Austin has a housing shortage, super-high demand, and low mortgage rates, the real estate market continues to show strength. 

In 2006 demand fell off a cliff yet home builders continued to build even more new homes because lenders continued to write ill-advised loans in huge numbers.In 2020 builders are probably going to have to build fewer homes than they wish because of shortages of labor and materials.

Total Listings March 1st-22nd  2015: 6572016: 5852017: 5892018: 5882019: 5172020: 544Total Listings Past Week (16th-22nd)2015: 2122016: 1672017: 1562018: 1662019: 1702020: 158As many know, we've had an inventory shortage during the last few years.

I'm sure this thing is tough on a lot of people who were not prepared for it financially, or supply wise (W2 and Owner Operators both).The mandatory stay at home orders, food shortages, TP shortages, job loses, the uncertainty of your financial situation, having no job, or having to let some of your people go, etc...But it will end, and it may make it more endurable to focus on a possible end date. 

Hello everyone I have recently received an escrow shortage on my property.

In today's market there is no shortage of investor capital for hard money and long term capital.

Another min of 3months...now will go into 9months, w/no one living there...and they complain there is a shortage of apartments?!?

That's mainly due to an extreme shortage in inventory and the strong head of steam that the market had going in to this.