Completely depends on the market. A 45 minute drive from my locale in any direction is a totally different market, with differing prices, inventory, and local n

Completely depends on the market. A 45 minute drive from my locale in any direction is a totally different market, with differing prices, inventory, and local nuances. To the east - that area didn’t see prices increase much over the past few years. To the south - been a very steady but gradual increase. Locally, prices basically doubled in a three year span, but are now in a holding pattern. Your market is likely entirely different from mine and you could be completely right in your hypothesis.