When I moved back to PA, after being burned in Florida (and those down there are probably going to get burned again in the next year or two), I told my wife buying here was ok as the prices do not move as much as Florida. Well, our house has almost doubled in Zillow value in the last 2 years. It is not sustainable and I feel it has to go down a lot (as everyone else's) and I am going to be made to be a liar. Homes are simply not affordable for most people anymore. Take a 250K house....with the interest rates going up it is $400 more per month now than it was just a year ago assuming the same house value. People making $60-$70K cannot afford $2000 house payments.