A question that is often asked but does anyone ever have a good answer for it? If you ask your real estate agent I guarantee the answer is yes. If you watch/read the news the last few months they might have changed the tune a bit but yes they are still pumping things up. They are owned by rich people - so they have a vested interest (rich people most of the time have a decent amount of real estate investment).
Here is a video from Mr. Mortgage that gives you a bit more insight into what is going on:
Most likely I am waiting. The median home price is so high that no "real" people can buy a "real" home. I do a lot of reading and the market changes a lot so I could change my tune on this in the next day or so but I doubt it.
