pid=1782Houston Real Estate Highlights in May:-Single-family home sales increased for the twelfth consecutive month, up a dramatic 48.2 percent year-over-year with 9,702 units sold;-The Days on Market (DOM) figure for single-family homes dropped from 58 to 34;-Total property sales rose 55.5 percent with 12,100 units sold – the second highest volume in history;-Total dollar volume increased 100.5 percent to $4.4 billion;-The single-family average price reached a new record high, rising 29.7 percent to $387,105; -The single-family median price rose 21.7 percent to $304,000 – also a record high; -Single-family homes months of inventory registered an historic low 1.4-months supply, down from 3.3 months year-over-year and below the national inventory of 2.4 months;-On a year-to-date basis, single-family homes sales are running 29.5 percent ahead of 2020’s record pace;-Townhome/condominium sales jumped 103.4 percent with the average price up 15.7 percent to $238,839 and the median price up 21.7 percent to a record high of $213,000;-Single-family home rentals fell 26.8 percent with the average rent up 10.6 percent to a record high $2,025; -Townhome/condominium leases declined 3.5 percent with the average rent up 8.5 percent to $1,716.

I'm not really sure why, I see it pretty regularly with most of the more popular sites.

Therefore I would not want a regular renter in there for the first year.

Material costs are high, labor supply is low. 

Big investors like Blackrock are sinking billions into single family homes and exacerbating the low supply issue.

It has always been interesting to me that the REI is not a pure supply-demand space because of the influence of the third parties.

Could anyone point me in the direction of a website that supplies vertical 24"x 36" metal yard sign frames.

I didn't trust the totally free sites but still wanted something made for rent collection instead of regular deposits or money apps like venmo.  

This was a classic example of supply and demand, when supply outpaces demand prices tend to come down because of the abundance of its availability to consumers. 

Value is a function of supply and demand in real estate as well as in all other asset classes.