In some other threads,I read that, there is no much inventory for duplex or fourplex. is that so in Austin?

Thanks for starting this thread, *definitely not an expert so I want to follow this and hear people's thoughts.But my rough thought is I don't know lol and it's a great time to be patient, stick to great numbers, and try and learn from this experience.I know inventory still seems to be relatively low across the board in this state, and demand is high so from that stand point I can imagine prices staying high for a while until this imbalance changes.I also feel while I'm not trying to buy multi families, or certain single family homes I wouldn't completely stop buying in almost any market I just think you have to be mindful of what you're buying and really run your numbers like always.In the meantime, I'm trying to stay focused on finishing up a live-in flip and getting it to market while the comps are still very good, selling off a 2-family we intended to hold while the inventory is extremely low and demand is high, and focusing on buying more intelligently; deals that truly work as both rentals and flips to be a bit more protected (this is a goal anyways, but it becomes more important when the market is hot overall)

I just sold a HUD house that miraculously appraised high, but the sale price was very close to what I comped it at -- FMV.And the buyer demand is just so high, that adding that small an amount of inventory just isn't going to slow appreciation, let alone lower prices.  

Even if some buyers are sitting on the sidelines, the significant drop in listings and decreased inventory is correlating to a higher sale price. 

For Residential stats...In my market there is a drop of inventory(43% down from last year during the Summer).

If not for those two government interventions, we'd have more inventory in the market and lower prices.

For now, low interest rates, current inventory and no state income tax are positive factors. 

The residential market is red hot right now and lot inventory is hard to come by. 

Also, my end goal is to invest in rental properties but the market is still pretty high and inventory in my area is very low.

Inventory is tight in Louisville right now, but its a great time to be flipping if you can find the deals.