This crazy housing market!

[Patrick Roane]

Hey folks,

Just want to get a sense for what you all think about the housing market right now .. it seems everywhere people are bidding up, multiple offers everywhere, insane housing shortage, building material costs through the roof.. to say we are in a hot market right now is to put in mildly.

What is your sense on where the market is heading? Do we chase deals as prices continue to go up? What strategies have been working best for you in this "sellers market"?

Thank you.

Pat & Mirela

[Russell Brazil]

Remember that time house prices tripled in a decade? Pretty much all the same factors at play then are the same factors at play now.  I believe we are in for a decade of high inflation just like the 1970's, and thats evident in not just housing prices, but also in material prices.