4S the areas of town you are looking in are in a real run right now. I can imagine your frustration as I have a few people looking for homes in those exact areas and have been just stymied looking.
I do not have anything new to bring to the table with regards to the commentary. Simply stated, in “THESE” particular areas the bounce has occurred and it may be a good idea to sit tight for a year or two and see what happens. Agreed that it is all being propped up so to speak but even when homes go to trustee sale in these particular areas I see them getting swarmed on.
Hopefully that will change. I think the best chance you will see for that to happen is a rapid rise in interest rates.
