ok thanks everyone! great info. I think I am going to rent and see how this all plays out.
From all the info here and everywhere generally speaking it seems prices will either remain somewhat the same/maybe a bit up for sometime and things will trudge along or go down. So financially it might be prudent to wait and see with minimal risk of a continued large price increase (buy now or be priced out forever!). Plus there is the possibility of staying calm and being rewarded for waiting for lower prices.
On the personal side I like being a homeowner. But if I can’t get what I want perhaps than maybe it’s not a great idea to buy anyways.