A variety of factors play into it, but the crux of it is that housing supply is diminished for reasons such as reduced home construction and foreclosure moratoriums while demand has stayed strong and purchasing power has increased thanks, in part, to preposterously low interest rates and a 50-year high in the savings rate.So what has the post-pandemic world brought onto the US real estate market?

Maybe look for a partner who can carry the expenses while you supply the hustle?

Where can we unload our supplies and equipment then?""

https://www.har.com/content/newsroom/Houston Real Estate Highlights in November:• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.

Supply & demand drive appreciation.

Our geographical barriers to growth combined with designated open space restricts supply, causing prices to go up, up, up.

Still, the recent burst of inflation hints at the impact the massive 24.2% increase in the M2 money supply in the past year is having as supply chains continue to recover.

We've bought from a local custom builder, and also from a contractor's supply store that sells mid-high end cabinets and we honestly had the least amount of trouble with the installation and the product quality was every bit as good from Home Depot, which surprised me.

. — consumers are spending more on Goods (laptop, workout equipment, appliances, etc.) in addition to saving their money for the unknown.Online retail sales is a notable reference outlining the uptick in “Goods” spending with a +2.7% YOY increase in spending.(2)People are also spending more money fixing up their houses, which is putting strain on supply of materials pushing the price of lumber and other building material up.Austin’s Real Estate & Economic Landscape Doing Okay?

The demand is high and the supply is highly limited by the urban service boundary.