Originally Posted by ldholton
Houses near the big city are selling faster than they can get built. High percentage of them are being bought by outsiders especially from California.. not too sure it's such a good thing.


It is a good thing for those of us with inventory to move. I went early so lost out on some revenue, but a few locales are starting to cool off.

The really hot spots are going to keep going for a good while since rate hikes won't affect them much, cash buyers are the only ones getting anything anyway.