Just general cleaning supplies or small repairs.

Most of the developers are doing that though so over saturation can occur in markets eventually when supply reaches the tipping point of outpacing demand. 

I just finished reading that article last night it its kind of revisionist history of the 2008 credit crisis, saying that there was no over supply of housing.3.

@Garrett Wilson Go to Elliot Electric supply near you.

This has to do with the the massive demand, curtailed supply (one side is the ocean!)

Here are basic stats on single-family home sales for March 2018 for the City of Austin and the greater Austin area:In addition to Austin's housing supply and affordability issues, we can now include increasing mortgage interest rates to the significant forces applying downward pressure:The Fed is anticipating three to four rate hikes in 2018. 

This could lead to dramatic increase in supply.

And most importantly a huge supply gap. 

Not saying this particular house isn't the unicorn, but sub 200K houses are in incredibly short supply. 

Sellers accepted our offer of $28,000.Bank loan terms: 20 year AmortizationInterest rate 5.50% fixed for 5 years then adjust to WSJ Prime plus 1%Waiting for results on inspection and survey supplied by seller.