Here's the latest market report (based on single family homes): Mortgage Rates:30-year conventional rate today is 6.61%30-year VA rate today is 6.14% Median Sales Price:July: $487,483August: $480,000Sept: $490,000 New Listings:July: 2,068August: 2,198Sept: 1,910 Median Days on Market Until Sale:July: 14August: 16Sept: 20 Months Supply of Inventory:July: 2.8August: 3.1Sept: 3.1 What does "Months Supply of Inventory" mean?

I took a look at the listings on their website.Most of their inventory is 30+ min from the 'downtown' area.Seems like they charge $400 - $600 a bed in Dallas and Houston + a move-in fee to the guest.It would be interesting to know what their management fees are.You should be able to make money based on those numbers if they have a nice occupancy rate.I personally wouldn't rent from there because I prefer my own space but there are definitely people out there that like to save a couple hundred on rent or even enjoy having roommates(Company) around.Best of luck!

Inventory has held steady around 5-6 months for some time now, with roughly 11% more active listings on the market last month compared to September 2023.

There is still very high demand in many markets with rates coming down and lower than normal inventory..

Right now we are starting to see inventory increase and the job market starting to take a hit.To me it’s an affordability issue.

This will hold true in any lower cost inventory neighborhood, not a Philadelphia specific problem but resist the temptation particularly if you are not a local hands own operator.

In my view, if there was a reason that it was overpriced, it was that the ancient inventory was not being fully upgraded when flipped to owner occupants. 

Let me know and I can send some exclusive inventory your way that consists of new builds and completely rehabbed homes.

We are buying everything we can there, (certain parts) but there is no inventory, for a reason. 

With low inventory, this is a more efficient approach than targeting specific areas, IMHO!