Is it a Volatile Market?

[Rheis Cloutier]

I currently live on the seacoast in New Hampshire. Homes, multi-units, you name it, going for 40 or 50k above asking. I have been trying to buy a four-unit since I turned 18 about 2 and a half years ago. The market keeps getting crazier and I have a lot of money saved and pre-approved for what I would think is a pretty substantial amount but can't get anything. I was wondering if the market was like this all across the United States right now? Where are you guys from and how is the market there? Do we think the market could crash or is it starting to turn into a buyers market? I know interest rates are starting to go back up which is usually a sign of the market turning, at least that's what I've heard. I'm just trying to gauge what practiced real investors are thinking about the market right now.