It seems like people still need to buy houses and the inventory is a bit limited.  

Low-tax states tend to be affordable already (so the inventory is there), on top of that, I could imagine them seeing better public investment in the future, since they have a chance to raise the money down the line.I know this is somewhat ironic coming from a New Yorker.

Never worked specifically there but any big company that owns individual properties really focuses on DOM and to keep that as low as possible and past 120 DOM are willing to take some pretty healthy price cuts to move the inventory, a good average for holding costs is $100/ day so you might keep that in mind or bring it up during negotiations if you can close quickly.

Executives on the call reiterated their view that home purchase prices will remain flat throughout 2020 and not decline citing reduction of housing inventory.

There are some financing options on there, it's low (roughly 3%) of their general inventory but majority is cash.

Prices are holding steady as well which is good, but hard to find the right deals with less inventory.  

Also I am still seeing homes go under multiple offers and our low inventory has been buoying up the prices.

I just checked my market inventory report and there are currently 7005 active residential listings.7005 listings/533 sold per week = 13.14 weeks of inventory, or just about 3 months of inventory.

Like you, I believe once the COVID-19 lockdown has ended there will be a marked increase in foreclosures and evictions, clearing the way to more rental inventory.

Volume is down 55% from this time last year, but houses are selling at a median of 11.5 days on market at 98.6% of list price, and inventory has dipped to 1.3 months.