Up until now, demand has far outstripped supply and helped maintain a strong sellers’ market here.

Hello,I will like to know your thought on Real Estate Market in 2021.In my opinion, I believe there will be few foreclosures across the country but the demand will still outweigh the supply (The Law of Demand Vs.

Still goes back to supply and demand economics.

Change out everything you can from faucets, water supply lines, toilet tank guts, and other possible future problems.

Renters supply the appliances, which they would take when they move out.

If there were 5 rentals out of 10 listings, that’s a 2-month inventory of units. 2 rentals out of 10 listings is a 5 month supply.

On a crazy note, over the weekend we found a shed on the property filled with bomb making supplies!  

However, the demand for small (3-4 unit) multifamily of DECENT QUALITY far exceeds supply.

Haven’t looked into Fredericksburg much but what’s the multi family supply like there?

The US added 20% more available dollars in 2020 and that money has to go somewhere.https://www.cnbc.com/2020/08/05/the-ballooning-money-supply-may-be-the-key-to-unlocking-inflation-in-the-us.htmlRelated question...