With fewer inventory and same demand most properties are snatched up same week on the market with multiple offers.

Having a wholesaler on your team can be a vital resource to gain insight into the current market, as well as, get an idea as to what inventory is moving.

You have to carry a lot of inventory to feed demand out of season and not run out of product during the year, this carries a cost.

i'd connect with as many agents on BP in your area as you can to get their realistic take and guidance. with inventory being this low right now, your competition is insane out there. best of luck.

This has been a very low inventory year which has not made it easy for house hackers.

Low inventory, high demand. 

Another problem... is much like the rest of the nation... there are way more investors than there is inventory right now.

Properties acquired to build, rehab, fix-up, and then sell are held for sale like inventory in a real estate business and do not qualify for 1031 Exchange treatment. 

Obviously low inventory and low interest rates are a big factor in this.  

Houston Housing Stats October, 2020Houston Real Estate Highlights in October, 2020:• Single-family home sales increased for a fifth consecutive month, surging 29.2 percent year-over-year with 9,287 units sold;• The Days on Market (DOM) figure for single-family homes lowered from 59 to 47 days;• Total property sales shot up 31.5 percent with 11,232 units sold;• Total dollar volume jumped 46.1 percent to $3.5 billion;• The single-family home median price climbed 11.1 percent to $266,685 – the highest median price for an October; • The single-family home average price increased 12.4 percent to $334,996 – the highest average price for an October; • Single-family homes months of inventory registered a 2.4-months supply, down from 3.8 months last October and below the national inventory level of 2.7 months.