Housing market pre bubble

[Shanequa J.]

What was the housing market like before the bubble? I've been going to RE meetings and all you hear is "Houston is hot. There's only 2.6 months of inventory; home prices rose 10% for 2 straight years". I didn't follow RE at all back in the day so I don't have anything to compare the market to. I started watching the flip shows after everything went downhill. Those shows made it seem like nothing could go wrong and that's how it feels out here.