This will cause an increase in supply and typically cause a decrease in prices.Reason 2 : Many will be unable to pay two mortgages as rates change, forbearance terms end or a recessionary period occurs.

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.

Water SupplyThe water supply must be free from contamination.Plumbing pipes and fixtures must be free from leaks.9.

@Daryl AndersonNice man yeah I am at Willoughby Supply.

Right now the demand is scorching hot and there isn't enough supply to meet the market which equates to double digit appreciation.

If you are only supplying a stove and fridge, rather than a full 4-piece kitchen, my assumption is that this is a C or B class neighborhood, so there is no need for solid surface countertops or anything above builder grade cabinets.

You can also do some readings, try Joe Fairless' Best Real Estate Advice Ever.When it comes to the rehab process, you might want to get multiple bids from contractors, we have found success in supplying the materials ourselves and having them quote just labor.

Same with excess construction supplies.

I believe what we're seeing, prices going up due to increased demand / short supply and foreclosures in the private market going up, is simply a reflection of A) interest rates, B) halted foreclosures in the government-backed market, and C) the K-shaped economy.

One caveat I'll throw in there about management companies - some of the 30% (or whatever it is) directly covers costs you'd be responsible for - i.e. merchant fees, supplies.