Right now inventory is super low.

We are still quite active here and our inventory has been low for some time.

There may be less inventory, but demand is still pretty solid if you look at the most recent nationwide stats.

Single-family home sales fell 19.1 percent year-over-year, with 6,199 units sold, ending nine consecutive months of positive sales;The Days on Market (DOM) figure for single-family homes was unchanged at 58 days;Total property sales dropped 21.6 percent, with 7,192 units sold;Total dollar volume dove 20.4 percent to $2.14 billion;The single-family home median price rose 2.4 percent to $251,000, reaching an April high;The single-family home average price was flat at $310,331;Single-family homes months of inventory was at a 3.6-months supply, down from 3.9 months last April but above the national inventory level of 3.4 months;Townhome/condominium sales plunged 37.5 percent, with the average price up 11.9 percent to $227,577 and the median price up 12.2 percent to $181,750;Lease properties staged a negative performance, as single-family home rentals fell 4.1 percent with the average rent down 1.7 percent to $1,765; Volume of townhome/condominium leases fell 9.5 percent with the average rent down 1.2 percent to $1,565.Source - HAR

At least not one that is justifiable based on the market inventory vs demand and in-place mortgage systems.

He said the inventory is really low and he hasn't seen people dropping their prices because of COVID. 

@Daniel Anshus you're right, inventory's down & demand remains strong so looks like its still a hot market, looks like there's a few tri & 4 plex at <&100k/door, possibly due to condition, or maybe less buyers for the larger residential multi family, just something to think about.. 

Demand in housing isn't caused from sudden government cheddar...it's still housing inventory is mega low, interest rates mega low. 

Flips are inventory. 

@Stephen Tanquary There are a lot of different ways to evaluate this decision - many have already been presented here.Another factor to consider is buyer demand vs available inventory.