Article on housing market shifting toward buyers. Thoughts?

[David Simon]

https://www.bloomberg.com/news/articles/2018-07-26...

Just read this article and found it interesting. Up front, it states:

The U.S. housing market -- particularly in cutthroat areas like Seattle, Silicon Valley and Austin, Texas -- appears to be headed for the broadest slowdown in years. Buyers are getting squeezed by rising mortgage rates and by prices climbing about twice as fast as incomes, and there’s only so far they can stretch.

“This could be the very beginning of a turning point,” said Robert Shiller, a Nobel Prize-winning economist who is famed for warning of the dot-com and housing bubbles, in an interview. He stressed that he isn’t ready to make that call yet.

I'm a fairly new investor in Philadelphia/South Jersey with two properties and one under contract. I'm curious if people out there are getting this feeling, and where you're located. It's never easy to know when we're at the peak of a housing cycle. But I'm curious if there are any desirable markets that are becoming more affordable. Maybe now is the time to buy a bit harder, because things always seem to go back up eventually.