The flip side of that is that there's no shortage of buyers for these properties (as owner occupants).On the multifamily side, that's a loaded question.

We have a shortage of affordable housing in the area, so that means condos, as the most affordable, have gone up in price.As far as your question regarding appreciation, all of Northern Virginia is seeing 6-7% annual appreciation.

Does it look like I have a shortage of leads?

A basic floors walls renno is getting quoted timeline of Thanksgiving on our block...one crew doing  10 homes.The shortage is not housing its manpower

That said I have a regular full time job that allows me to take on a little more risk/cover a shortage as I’m not depending on only my REI income to live.

We have a house shortage and lots of people moving here.

Also, we are experiencing housing shortage here, so rentals are in demand.

Currently in my market people are still moving here from Boston and New York and everywhere in between causing rent shortages and properties to sell very quickly still.

We are ALREADY facing a huge housing shortage here and the Metro population is expected to almost double in the next 20 years. 

There’s still a housing shortage and the upside potential for appreciation is excellence!