How do you know when a market is hot, when....

[Mitchell Jaworski]

....you are putting in offers above asking price any losing.   South Florida has definitely gotten very hot again, maybe too hot (and I'm not talking about the heat now that it's summer....lol)

This may not apply to the D neighborhoods, but SFHs in neighborhoods above that (excluding the high-end rich people homes) is flying off the market above asking price. Seems one needs to come in above asking all cash with very little contingencies.

Any other South Florida investors seeing the same?  Palm Beach County is mainly where my experience is.