It's a hot sellers market with a housing shortage, and very low vacancy rates.

No shortage of cheerleaders here on BP!

Rising Labor CostIncreased Government SpendingProlonged housing shortages all equal the main pressure pointsInflation is picking up and looks like it will increase over the next 18 monthsa half of a percentage point jump in mortgage rates is about an extra $60 per monthRents have exceeded 3% annually over the last 4 yearslow unemployment and rising house costs up 3% over the last yearI believe this is why there is such a demand for rentals right now.

Los Angeles has, perhaps, a permanent shortage of affordable housing, so you can't go wrong. 

The market here is much different though, and there is certainly no shortage of tenants.Thanks for sharing and it's nice to meet you!

I'm told that there's a housing shortage in NH and the overall statewide vacancy rate is less the 1%, and this place should rent easily. 

A lot of people are looking to buy right now because of the low rates, but at the same time we have had a shortage of sellers.

In a good area of Bend, a lot just down the street from me (3900sf lot) sold last year for $250,000.There's a severe shortage of builders/contractors/skilled laborers around here.....lots of folks are making $40/hour to hang drywall, paint, etc.

The city seems to push for development as there is a shortage of housing in the bay area.

Area's like Bozeman, Helena, Missoula and Billings are all hot markets with no shortage of work for builders making those areas more expensive to finish a home.