Yes , they certainly are . The completion is fierce and inventory is low . Most cash investors are purchasing homes for more than their current value creating the artificial bubble . Sadly , consumers should have gotten on board about 2 years ago when Realtors advised them to do so . In the long run , real estate is a long term investment. So you need to find some one you can trust to build a relationship with over a long period of time . As the song goes : " You gotta know when to hold 'em . Know when to fold em .Know when to walk away , and know when to run. You never count your blessings when you're sittin at the table , there'll be time enough for countin , when the dealings done.