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.