KC, MO where are we in the cycle?

[Eugene Lee]

Hi All, 

It seems that the KC market has been on fire the past few years. Where do you think we are in the cycle? As a San Diego investor with an interest in out of state investing (and two properties in contract in KC), I'm wondering where to best deploy my capital from a macroeconomic perspective. In San Diego anyway, I'm seeing an increase on for closure activity and a prodigious increase in prices that seems to be leveling off. Thoughts?