Lumber is appalling right now and I live in a big logging area and I've been surprised there aren't trucks running everywhere around me right now with prices the way they are. what prompted the call to my old partner was B/C as I was driving out to my project yesterday two log trucks weny by me on the opposite side of the road so I got a good look at the logs  All were burnt  so it was salvage timber I remember when Katrina hit there was over 10 million  board feet of Blow down in the south .. so prices were weak as they moved that timber to the mills but  finished product did not rise like we have seen.Just seems to be  good ole Gouging and price fixing..

I think about the saying "pigs get rich but hogs get slaughtered" and anticipating some market cooling in the near term because of the American Jobs Act, inflation\rising interest rates, tighter lending, ending foreclosure\eviction moratorium, etc. 

I'll monitor the markets, and as the property appreciates, with perhaps some rise in rates in the coming years, would make the assumable loan attractive. 

Hello BP I am struggling with rising property taxes in Houston, TX.

Pricing on shells is rising, rates are reasonable and there is no time like now to get started.

Incomes are pretty much staying the same as housing prices are rising.

Though if you're only looking to sell and have no interest in buying then yes - it's probably a good time to sell from a long-term capital gains percentage as well as the fact the market is hot (due to these low interest rates that will certainly rise).

Single-family home sales increased for the tenth consecutive month, up 24.4 percent year-over-year with 9,347 units sold;The Days on Market (DOM) figure for single-family homes dropped from 65 to 45;Total property sales shot up 31.5 percent with 11,692 units sold;Total dollar volume soared 55.8 percent to $4.0 billion;The single-family average price reached a record high, rising 19.9 percent to $370,847; The single-family median price climbed 16.0 percent to $290,000 – also a record high; Single-family homes months of inventory registered an historic low 1.4-months supply, down from 3.4 months year-over-year and below the national inventory of 2.0 months;On a year-to-date basis, single-family homes sales are running 16.9 percent ahead of 2020’s record pace.Townhome/condominium sales jumped 45.2 percent with the average price up 7.6 percent to $242,063 and the median price up 5.3 percent to $195,000;Single-family home rentals fell 17.9 percent with the average rent up 8.8 percent to $1,944; Townhome/condominium leases rose 5.7 percent with the average rent up 6.8 percent to $1,720.

Houston Real Estate Highlights in March -Single-family home sales increased for the tenth consecutive month, up 24.4 percent year-over-year with 9,347 units sold;-The Days on Market (DOM) figure for single-family homes dropped from 65 to 45;-Total property sales shot up 31.5 percent with 11,692 units sold;-Total dollar volume soared 55.8 percent to $4.0 billion;-The single-family average price reached a record high, rising 19.9 percent to $370,847; -The single-family median price climbed 16.0 percent to $290,000 – also a record high; -Single-family homes months of inventory registered an historic low 1.4-months supply, down from 3.4 months year-over-year and below the national inventory of 2.0 months;-On a year-to-date basis, single-family homes sales are running 16.9 percent ahead of 2020’s record pace.

When a market is steaming hot on price and supply is low, it's a terrible time to start investing unless you have your own lead flow that can get to owners who don't look at their rising Zestimate every day.